Home Upgrades on Tight Budget: Funding, Organization, DIY

There are a number of areas that become a bit more difficult when you’re on a tight budget, and upgrading your home is one of them. However, with the right basic approaches and a little financial assistance, this is a process you can carry out without much trouble at all.

At 1st Choice Money Center, we’re happy to provide clients with forms of immediate funding that can be ideal for needs like these, from personal loans to title loans and more — and we’re proud to offer helpful alternatives to predatory payday loans, which we refuse to traffic in. In this multi-part blog series, we’ll go over how to upgrade or remodel your home while on a tight budget.

Get Quick Funding

First and foremost, you should be aware of your options when it comes to securing the necessary funds for your home upgrade. If you don’t have the cash on hand, you may want to consider a personal loan or line of credit. These can be obtained relatively quickly and easily, and are often a more affordable option than a high-interest credit card.

We also offer things like title loans for those who need a little more time to pay back their loan. And unlike payday loans, our products come with no prepayment penalties, so you can get your home upgrade done without breaking the bank.

Cleaning and Organizing

One free approach that should be taken before starting any home upgrade project is cleaning and organizing the space. This will help you get a better idea of what work needs to be done, as well as making it easier to move around in the space.

It’s also a good opportunity to discard any items you no longer want or need, which can free up some extra cash for your project. Host a garage sale, or donate any items you can’t sell.

Consider Largest Impact First

Naturally, you’ll want to consider the most important changes or upgrades that your home requires. If you’re short on funds, it’s best to start with the projects that will have the largest impact.

For instance, fixing up the roof or windows can be a major undertaking, but they’ll also provide the most return on investment. Updating the plumbing or electrical system may not seem as important, but these projects are necessary for safety and can also save you money in the long run.

DIY or Hire a Pro?

When it comes to home upgrades, there’s always the option of doing the work yourself or hiring a professional. If you’re on a tight budget, it’s often best to hire a pro, as this will ensure the work is done correctly and to your satisfaction.

That said, there are some projects that can be DIYed relatively easily and cheaply, such as painting or basic repairs. Doing a bit of research online can help you decide which projects are best for a DIY approach.

In part two of our series, we’ll go over some more themes to consider here. For more on this, or to learn about any of our quality short-term loan products, speak to the team at 1st Choice Money Center today.