Fiancé & I splitting reno costs 50:50. I can pay my 50 while he can’t. If I pay for the diff, both of us have $0 savings & I need to delay investment plans. Thinking of reno loan but wary of high interest rates. What should we do?

Fast way - Focus on the investments and use the revenue / margin generated for the Renovation costs. Try to take a "family loan" from parents if can, so that you can save on the interest accural with a "Renovation loan" from financial institutions (ie. banks), which can go up to avg 5% for the loan duration.

Well....either lower the budget for the reno and make do with less and what you both can afford.

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Or, delay the reno, save up more for it and then do the reno.

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If both of you cannot pay for it, then its definitely out of your affordability zone. We all want the best but sometimes we just cannot afford it, so we have to make do with whatever resources available.

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This principle goes for many other things in life. People want big houses, expensive car, rolexes, etc. But not everyone can afford. So how? Make do with what you have in life and to your own affordability.

Mm firstly have both of you already committed to the reno package? If yes there's nothing much you can do other than commit to the costs involved and see if you can get a balance transfer on your credit card or a loan from parents to make up for the difference. If both of you have not committed to the package, look around for cheaper quotes from reliable companies. Smrt feedback group on Facebook published a list of blacklisted reno companies so you may wanna take a look first and avoid them. Others here have suggested coordinating the reno project and looking for sub contractors individually. Worth a shot. Furniture wise, try looking at IKEA instead if customising. Will save some costs. Do the same for lighting and you'll save quite a bit as compared to walking down balestier with all the lighting shops. For aircon, fridge and washing machine, get the most efficient ones your budget can afford. These can be put on a credit card installment plan so it'll help stretch your cash flow. For investments. Best to set aside funds for emergencies first before starting on investing. Or perhaps allocate more funds towards savings while investing a smaller amount each month. Be careful not to overstretch yourself this way. All the best

Never ever spend more than your means