Renovation: top tips

Saving Money (And Your Sanity)

Saving Money (And Your Sanity)

Preparing Your Family For A Big Home Renovation

The topic of renovating our homes throws up so many concerns. But if we are to get through this, not just in the way that ensures your bank balance doesn’t take a major hit, but also so your emotions are intact, preparation is vital. But what if you’ve got a family and children that rely on you to do so much that you have to get the house done and completely finished under a tight timescale and also keep track of every other aspect of your family life?

Saving Money (And Your Sanity)

Getting Organised

Organisation is essential when you’ve got family anyway, but now that you’ve got to overhaul your home, it’s time to step it up a gear. As every spare moment will be spent dealing with professionals, working through the budget, and taking on a lot of the tasks yourself, you have to ensure that it doesn’t completely overwhelm you, nor take over your life. A good working relationship with professionals is essential in this instance. Whether you’re working with contemporary architects, standard builders, or on the phone endlessly to the council, developing your relationship so that when issues arise, they can be dealt with swiftly without causing much stress, can take some time to achieve. But this is where you have to get yourself organised. If you’re not a naturally organised sort of person, planning ahead, making lists, but also structuring your life, won’t just benefit the job, but the family too.

Keep An Eye On Every Outgoing

A natural offshoot of being organised is keeping track of every single financial component. Your outgoings will be stretched to the very limit. The very important parts at the outset include preparing a budget, but also understanding things can go over budget, and when you’re making financial plans, operating with a financial buffer will help. You can apply for loans to help, but you have to be aware have this could impact your credit score.

Understand The Scope Of The Renovation

We usually operate with the idea of what the house will look like, rather than think about the hardship we have to go through to get to that end product. Understanding the scope, in conjunction with the budget, you need to figure out what you would like to see completed in a short-term time scale, as well as over the next 12 to 18 months. This links directly to your goals, and if you are looking to gut your house out completely, this can result in the budget spiralling out of control. Compromise can help, and if it gets to the point where the project is going on far too long, then you will have to lower your expectations.

We have to consider the impact on our family as well as our financial situation. If our children have limited access to the kitchen and the living room over the space of a year, they can feel somewhat hemmed in. And when life is so busy as it is, adding the task of total renovation can make for a stressful environment. Preparation is vital, not just for your family, but for your own sanity.

***Collaborative post***
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