22 Apr 2020
07 Jun 2019
Tag Team Member at Kenichi Tag Team
Well....either lower the budget for the reno and make do with less and what you both can afford.
Or, delay the reno, save up more for it and then do the reno.
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.
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.
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Jonathan Chia Guangrong
08 Oct 2018
Cybersecurity Trainee at Bank in blue
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
Either go for a smaller renovation package, or u pay 1st, monitor his spending & ask him to cut back his daily expenses to make up for it =p
24 Sep 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
Do not take up a loan for renovation. Go for cheaper renovation packages from trustworthy renovation...
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