Anonymous
Post 06/27/2025 17:29     Subject: How did you finance your kitchen renovation?
Anonymous wrote:Cash. Only do what you can pay for in cash.


That also is our approach.
Anonymous
Post 06/27/2025 16:16     Subject: Re:How did you finance your kitchen renovation?
Anonymous wrote:Saved for a year, then paid cash.


+1. Our savings amount each year is high though, so it just meant that we saved less that year.
Anonymous
Post 06/26/2025 09:27     Subject: How did you finance your kitchen renovation?
Anonymous wrote:Getting quotes for a kitchen renovation that is in the 100k range. How did you finance this? Cash? HELOC? We have a healthy cash flow each month but don't keep that amount in the bank.

What have others done?


Of course not, but you can liquidate invested assets. Given today's interest rates, I would not do HELOC. In the past, I had done a refi, but again, probably not a wise choice right now.
Anonymous
Post 06/25/2025 18:09     Subject: How did you finance your kitchen renovation?
Anonymous wrote:That seems high for a kitchen renovation.


Definitely. Though if they are getting quality stuff like Italian black marble, high end appliances, etc. it can add up quickly.
Anonymous
Post 06/25/2025 14:25     Subject: How did you finance your kitchen renovation?
Cash
Anonymous
Post 06/25/2025 14:15     Subject: How did you finance your kitchen renovation?
Cash saved over time.
Anonymous
Post 06/25/2025 08:49     Subject: How did you finance your kitchen renovation?
Anonymous wrote:Trim your budget to what you can afford.

We did a combo of this and saving up so we could just pay cash. I don’t like the idea of taking a loan for a project like this.
Anonymous
Post 06/25/2025 08:45     Subject: How did you finance your kitchen renovation?
We always pay cash.
Anonymous
Post 06/25/2025 05:10     Subject: How did you finance your kitchen renovation?
That seems high for a kitchen renovation.
Anonymous
Post 06/25/2025 05:04     Subject: How did you finance your kitchen renovation?
Op here. This is very helpful. The contractor is willing to take us to see another project use has completed and we’ll do that before we make a decision.
Anonymous
Post 06/24/2025 20:22     Subject: How did you finance your kitchen renovation?
Cash. Only do what you can pay for in cash.
Anonymous
Post 06/24/2025 19:56     Subject: How did you finance your kitchen renovation?
Anonymous wrote:How long would it take you to save up and pay cash?


Try living on one income and saving the smaller income.

If you can manage that with a few cut backs, you can save the cost fairly quickly
Anonymous
Post 06/24/2025 16:57     Subject: How did you finance your kitchen renovation?
Cash.
Or get a credit card with 12 to 18 months delayed interest. Many suppliers have those. Then pay it off before that period is up.
Anonymous
Post 06/24/2025 16:35     Subject: How did you finance your kitchen renovation?
Cash. We saved for years (we renovated our kitchen + basement + all bathrooms).
Anonymous
Post 06/24/2025 15:21     Subject: Re:How did you finance your kitchen renovation?
Not what people want to hear but I used an unexpected delayed inheritance to pay for ours. Relative died 10 years ago and my brother and I received a significant sum at that time. A year ago, an annuity company contacted me and my sibling saying they had an annuity and and we were the beneficiaries. We had to reopen the estate but we both got $110,000 after lawyer fees and taxes and I used mine to pay for my new kitchen.