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Five Home Renovation Savings Tips

Prairie Eco-Thrifter

Home renovations are a necessary process when you own your home. Not only will renovations provide pleasure and function to you, but they could increase the sale value of your home a bit. Here are a few tips on saving money while doing renovations. Here are a few tips on saving money while doing renovations. Plan ahead.

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Don’t be a Buy-It-New Snob

Prairie Eco-Thrifter

I also occasionally get to encourage young entrepreneurs by purchasing their wares (usually soda or lemonade but sometimes more ambitions products as well). Here is a short list of some of my favorite finds at garage, estate and thrift store sales. I let them sit in the sun for several days as well to let the sun disinfect them.

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A Goal Without a Plan is Just a Wish

Family Balance Sheet

To many, working with a spouse would be too difficult, but our individual strengths and weaknesses complement each other and the arrangement has worked well. Our business was doing well and it seemed like the right time for us to buy. However a few years ago, we found ourselves with too much debt and not enough cash.

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Should You Learn To Sew?

Prairie Eco-Thrifter

I believe that your opportunity cost would be too great as well. Of course you will also have ongoing costs such as thread, patterns and material as well. More advance techniques and some of the fancier fabrics require special tools and expertise as well – tools you probably don’t have and will need to buy.

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How We Paid off Six Figures of Debt

Family Balance Sheet

Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. In September 2001, we bought a 1700 square foot home with a one-car garage and ONE full bathroom.

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Our 2018 Financial Goals

Family Balance Sheet

I want to go through our basement, closets, and garage to look for unused items that we can sell. What We Won’t Give Up: My motto has always been “living well on less” and now it will be “living well on (even) less”. Cash flow necessary business expenses and renovations. I’ll apply that money to the debt. DONE – 6/1/2014.