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How to pay for home improvement

Forum Opinion Poll
savings 31 81.58%
HELOC 3 7.89%
home equity loan 1 2.63%
credit cards 3 7.89%
other 0 0.00%
 

How to pay for home improvement

Posted By Message

amber1
LIF Infant

Member since 4/06

190 total posts

Name:

How to pay for home improvement

How do peope normally pay for a $10,000+ home improvement? A HELOC, or a interest free credit card and hope to pay off the balance during the intro period, save up enough money, or a 401(k) loan, etc?

Message edited 7/1/2013 5:10:44 PM.

Posted 7/1/13 5:09 PM
 

BeachGal
LIF Adult

Member since 2/10

2827 total posts

Name:
J

Re: How to pay for home improvement

I renovated my entire home room by room over 5 years. I saved up and then paid cash because I hate interest. We would also charge when we could because points rack up quick if you charge cabinets, tile, etc and would them transfer the $$ to the card. I get thank you points on my card. If someone charged me less for cash I would go that route.....

Posted 7/1/13 6:40 PM
 

mrsboss
my little love

Member since 12/09

5054 total posts

Name:
Me

How to pay for home improvement

We are using a combo of cash and Lowe's card (great incentives going on now for the 4th of July for what we need - all new kitchen appliances, and flooring).

Posted 7/1/13 7:01 PM
 

MaZz
* Lovin my baby girl!!! *

Member since 2/09

6243 total posts

Name:
Gina

How to pay for home improvement

I've used 0% interest cards. Obviously looking for the ones with the longest time period to pay off. Haven't had a problem yet.

Posted 7/2/13 8:44 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: How to pay for home improvement

Cash mostly. We have done 0% credit cards, but my rule is we must have the cash on hand so we can pay it off when we want to.

Posted 7/2/13 9:00 AM
 
 

Potentially Related Topics:

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