Guest Blog: Financial Tips for Saving Up for a Renovation

financial planning and budgeting for your home renovation

Photo by William Iven on Unsplash

Budgeting for Your Home Renovation

We’re very excited to have Gina Best guest blogging for us this week. Offering services such as window installation and replacement doors means we work with a lot of clients going through renovations. Renovations can be pricey, so we invited Gina to touch on financial tips for getting ready for a renovation. Gina is a Vancouver based mortgage broker and co-owner of Mortgage Alliance West. You can learn more about Gina on her website, Gina Knows Best or by following her on Twitter @GinaKnowsBest.

Getting on the road to financial success is within your reach. If you are like many people today, you are probably feeling stuck or perhaps overwhelmed with your life – like you can’t get ahead fast enough, save more money or even know where your money is going. There might be some unconscious thoughts that are holding you back and keeping you from moving forward, building wealth and saving more.

Don’t feel bad. You are not alone. All of us have some bad money habits. Recognizing them and doing something about it will change your life. Thinking about your life and your money, what do you think is holding you back? If you had to define the #1 mistake you are making with your money, what would that be? If you’re thinking about renovating your home, window installation or replacing your doors, you need to ensure your finances are in order.

Take Control of Your Money

The #1 money mistake in our opinion, is people not taking control of their money. It doesn’t matter why – there could be a thousand reasons or excuses. Every person and every situation is different. But mark my words – it is a lack of control that is holding you back from achieving your financial goals.

So how do you “get control” of your money? You make it a priority. You empower yourself by really looking at how you earn, save, spend and give away your money. Many of us are doing something with our money that we don’t like. And we have all done things with our money we regret. Old habits and feeling overwhelmed by life’s pressures may be holding you back. By gaining personal insight, I guarantee you will get better control of your money – and have the ability to make the necessary changes to your home for a more comfortable space.

Taking control over your money has never been more important. Especially if you want to renovate your home, invest in quality window installation with Vinyltek windows or replacement doors. Ensure your family’s financial future, and that you’ll have enough money to lead a long and comfortable life. So how do you get control over your money?

3 Easy Steps to Get Control

#1 – Get informed

The more you know about your money, the better decisions you will make. There’s no need to become a financial expert, but you do need to understand the basics about how you earn, spend, share and save your money. Becoming more aware of your habits will help you reach your goal of renovating your home.

#2 – Stop living day-to-day and set goals

If you want to achieve more, setting goals is the way to do it. It doesn’t matter how much money you have or make, whether you are just starting out or have a successful career, setting goals will give you clarity. It’ll help you to stop squandering money and save more. It’ll inspire you to open yourself up to new possibilities. It’ll make you feel better too!

#3 – Organize every aspect of your life

From your mind and money, to your home, office, and kids,  it’s important to engage your family in your quest for organization, and to learn how to stay organized even when the unexpected throws you off your routine.

You can read the rest of Gina’s tips on her blog, click HERE.

Home renovation financial planning tips

Photo by Nolan Issac on Unsplash