Welcome back to the Home & Outdoor Living podcast. One of the questions we’ve been frequently asked recently is how to finance a home improvement project. So we dedicated today’s episode to answering this question.

Throughout the episode, Michael talks about the four main methods of financing you can use for your upcoming home improvement project. Michael gets into in-depth details about each financing option, their pros & cons, and how to decide if a particular option suits you. Stay tuned until the end of the episode, where Michael talks about managing financial matters for large projects.

[01:25] Cash is King – What you should keep in mind when you use your savings for a home improvement project.

[03:07] Credit Cards – Pros & cons of using a credit card to fund a home improvement project and risks you have to consider.

[05:10] Unsecured Loans – What an unsecured loan is, interest rates, and limitations of unsecured loans.

[07:40] Secured Loans -  How secured loans work and how to determine whether it is a good option for you.

[09:51] Large Projects – Tips for financing large home improvement projects.

Resources:

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