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Leeners
:)
Member since 5/05 4898 total posts
Name:
Eileen
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Those who are doing/did home improvements... question...
Did you have the $ to do the improvements saved or did you take out a loan? If a loan, what kind?
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Posted 11/14/05 10:47 AM  |
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BrunetteMom
LIF Adult
Member since 8/05 1480 total posts
Name:
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Re: Those who are doing/did home improvements... question...
We had the money saved to do improvements.
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| Posted 11/14/05 11:17 AM |
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mommy2Alex
3 babies for me :)
Member since 5/05 6683 total posts
Name:
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Re: Those who are doing/did home improvements... question...
We had money saved but rather than taking the money out of our savings account. We put everything on American Express to get points then transferred the balance to a 0% interest cc. Now we pay off $500 a month. We used the cc as a loan with no interest. It kept our money in the bank and if something happens we can always pay it off but for now it works as a no interest loan for us.
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| Posted 11/14/05 11:18 AM |
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usuk2004
I'm ONE!
Member since 5/05 5150 total posts
Name:
Farah
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Re: Those who are doing/did home improvements... question...
Posted by mommy2Alex
We had money saved but rather than taking the money out of our savings account. We put everything on American Express to get points then transferred the balance to a 0% interest cc. Now we pay off $500 a month. We used the cc as a loan with no interest. It kept our money in the bank and if something happens we can always pay it off but for now it works as a no interest loan for us.
We're in the beginning stages of buying, but have plans to extend the apartment we're buying. We think we're going to do the same.
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| Posted 11/14/05 11:21 AM |
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-Lisa-
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Member since 5/05 6530 total posts
Name:
Lisa
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Re: Those who are doing/did home improvements... question...
we had the money, and also saved along the way.
Message edited 11/14/2005 11:22:55 AM.
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| Posted 11/14/05 11:22 AM |
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randella
Love my little man
Member since 8/05 16290 total posts
Name:
Randi
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Re: Those who are doing/did home improvements... question...
we had the money saved..
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| Posted 11/14/05 11:29 AM |
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danielleandscott
My new 71 Super Beetle
Member since 5/05 13476 total posts
Name:
Scott
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Re: Those who are doing/did home improvements... question...
Posted by BrunetteMom
We had the money saved to do improvements.
us too
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| Posted 11/14/05 11:46 AM |
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luvsun27
Check out my cool glasses
Member since 5/05 8135 total posts
Name:
Kim
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Re: Those who are doing/did home improvements... question...
We are using a home equity line of credit.
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| Posted 11/14/05 12:24 PM |
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kaklesmay
Love my baby boy!
Member since 9/05 1151 total posts
Name:
Kim
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Re: Those who are doing/did home improvements... question...
My inlaws redid their entire kitchen with a Home Depot Loan
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| Posted 11/14/05 12:33 PM |
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Bxgell2
Perfection
Member since 5/05 16438 total posts
Name:
Beth
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Re: Those who are doing/did home improvements... question...
Posted by mommy2Alex
We had money saved but rather than taking the money out of our savings account. We put everything on American Express to get points then transferred the balance to a 0% interest cc. Now we pay off $500 a month. We used the cc as a loan with no interest. It kept our money in the bank and if something happens we can always pay it off but for now it works as a no interest loan for us.
That's EXACTLY what we did. We had the money but we wanted to keep it in savings for emergency, so we put everything on an American Express card and then transferred it to a zero interest credit card. We paid $1000 a month into the card and had it paid off within a year. We also did this when we bought my car - we used a zero interest CC and have been paying it off slowly through the year so we don't have to pay exorbitant interest rates by financing.
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| Posted 11/14/05 3:27 PM |
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CunningOne
***
Member since 5/05 26975 total posts
Name:
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Re: Those who are doing/did home improvements... question...
All our home improvements have been done with cash. We save until we have ebnnough to do that particular project. We do not have a penny in debt for anything, except our mortgage. I guess that's why its taken 5 years to get the house to where it is today!
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| Posted 11/14/05 7:27 PM |
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Tah-wee-ZAH
Kisses
Member since 5/05 15952 total posts
Name:
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Re: Those who are doing/did home improvements... question...
Posted by BrunetteMom
We had the money saved to do improvements.
us too.
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| Posted 11/14/05 7:29 PM |
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chris605
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Member since 5/05 3204 total posts
Name:
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Re: Those who are doing/did home improvements... question...
Posted by usuk2004
Posted by mommy2Alex
We had money saved but rather than taking the money out of our savings account. We put everything on American Express to get points then transferred the balance to a 0% interest cc. Now we pay off $500 a month. We used the cc as a loan with no interest. It kept our money in the bank and if something happens we can always pay it off but for now it works as a no interest loan for us.
We are in the process of doing the same thing - Except we got 1% not zero..... Its good for now and eventually we can transfer it if we get a zero % card..
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| Posted 11/14/05 11:23 PM |
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