article thumbnail

Understanding the Deep Impact of Home Renovations

Koupon Karen

Home renovations, as old as the structures people dwell in, continue to play a pivotal role in transforming living spaces. Beyond the apparent aesthetic and functional upgrades, home renovations profoundly influence various aspects of life, from financial considerations to psychological well-being.

article thumbnail

How to Start a Business in 15 Steps

Savings Corner

And if you’re renovating a space to sell products or perform services, you may need to ask local officials for a zoning change. If your city has officials who work on economic development issues, they may be helpful too. Apply for licenses and permits In general, restaurants need health inspections and liquor licenses.

Finance 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pros And Cons Of A Home Equity Line Of Credit (HELOC)

Savings Corner

If you qualify for the best rates, a HELOC can be a less expensive way to consolidate debt or finance a home renovation. Possible tax-deductible interest Even after the Tax Cuts and Jobs Act of 2017, you can still deduct interest paid on a HELOC if you use the money for home renovations. This helps keep your payments manageable.

Credit 40
article thumbnail

What Is A Personal Loan?

Savings Corner

Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation. A personal loan is money borrowed from a lender that can be used for nearly any purpose. This makes personal loans incredibly diverse and flexible.

Debt 52