How to set your budget for a big home improvement project

No matter what we’re shopping for, home remodelingfew of us like sticking to a budget. But when you’re doing a major home remodeling project, knowing precisely how much money you have to spend and staying within that budget is crucial.

“As contractors, we design our projects to our clients’ budgets,” says J.P. Ward, architect and vice president of business development at Anthony Wilder Design/Build in Cabin John, Md. “Homeowners need to know what their budget is upfront and be realistic about what they can afford.”

Considering a big home renovation? Here’s how to set your priorities, establish a spending limit and stick to your budget.

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Winter drafts can drive up your energy bill. Here’s how to keep the cold out.

On frigid winter days, sometimes you winter draftsjust want to hunker down at home and stay warm. Sounds cozy, right? Well, good luck doing that in a house full of drafts.

Drafts, or air leaks, can be a homeowner’s worst nightmare. In addition to making your space uncomfortable, drafts can drive up your energy bills — as your heating system goes into overdrive to keep your home warm — and even create health risks.

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7 questions to ask yourself before taking on a DIY home project

Think you’re ready to tackle DIY homesa home-improvement project yourself? Deciding whether you’re up to the challenge or whether you should hire a professional can be tricky.

On one hand, choosing to DIY a home renovation can help you save money, as home improvement spending increases nationwide. From February 2016 to February 2017, U.S. homeowners shelled out an average of $5,157 on home projects — an increase of $1,869 over the previous 12 months, HomeAdvisor’s 2017 True Cost Survey found.

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5 Ways to Save on Home Renovation Costs So You Don’t Go Broke

Is your kitchen hopelessly outdated, Home-remodeling-–-how-to-obtain-financingand your bathroom a blast from the past? Then it sounds like you’re overdue for some home improvements. There’s just one problem: Remodeling can be a huge undertaking—and a costly one at that. The average kitchen remodel will set you back $60,000; a bathroom overhaul, $17,908. Ouch! But hey, that’s just the average price homeowners pay. Plenty of home renovations can fall way under that wire if you know some tricks to keep your home improvement budget in check. Check out these smart ways to save on home renovation costs to achieve the home of your dreams without blowing wads of cash.

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10 Life Hacks That Will Make You Richer

Picking up new skills as an adult 150302_HO_LifeHackscan be tricky, especially when your energy and free time is precious. But prowess in different areas is not all created equal. Investing in certain abilities can get you big rewards for relatively little effort. MONEY interviewed dozens of experts in different fields to find out which skills, tricks, and workarounds are most financially worthwhile.

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