You’ve probably heard this word over and over again – perhaps you’ve built one and stick to it rigidly, perhaps you’ve set it loosely and try to monitor it sparingly throughout the year – but something that’s important to think about when you’re looking at home improvements: your budget. The good news here is that a new roof or a new solar system can actually add value to your home, so unlike other luxury goods, home improvements can actually pay off in the long run. Additionally, these items are typically financed through a financial lender (such Sunlight Financial or Loan Pal, for example) or through your bank (through a Home Equity Line of Credit, or HELOC), which means you don’t have to pay them all off at once, however you will still need to think about these types of projects ahead of time and plan accordingly. Having said that, there are a ton of ways you can seek out a financial planner, but for some quick tips, feel free to check out the following article, and share your favorite budget hacks in the comments below: https://www.nerdwallet.com/article/finance/how-to-budget.
