It all began almost two years ago when my husband and I became first time homeowners. Before that we had always rented. Our last rental included everything except for electricity so our monthly living expenses were low. We had plenty of discretionary income to enjoy life’s little luxuries. However, we grew tired of renting and we decided the time was right for us to buy.
We bought a fixer upper that needed some work and we were fine with that. As you may know, once you start breaking down walls you never know what you will find. Well, we quickly went over budget on our renovations. I’ll admit some of it was our choice because we decided to just get all of the interior renovations finished while the construction crew was here. Renovations are messy and we just didn’t want to deal with more construction down the line. After all was said and done, we ended up with an additional $18k of debt from our home renovations.
Check out the rest of my post at CNAFinance.com
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