Remember this post in March: BHAG?
Goal 1: Save for New Kitchen
We have $12,000 saved for this adventure which is awesome! We’ve been working on getting quotes in and playing with our numbers as our goal is to spend $20,000 on the kitchen.
It turns out that our goal figure is not looking terribly realistic as we aren’t handy and will be:
- Tearing down walls
- Adjusting electrical
- Putting in a dishwasher into a space that’s never had one
- Re-doing all flooring
- Putting in all new cabinets, counter tops and drawers
- Taking out our entire back wall and putting in a sliding door
We’ve worked diligently on opting for cabinets that are reasonably priced; I bid a bittersweet adieu to the a beautiful corner cabinet that was going to cost $3,000. I’m also taking a hard look at the appliances.
My fear is that unknown costs that people just assume you know aren’t included, such as delivery and installation fees. I’m meeting with the company again to hopefully balance out all those questions over the next week or so.
With a little luck we’ll be able to start work before the end of the year.
Goal 2: Home Improvement
So I got quotes and the driveway and it is a big job. $2,500 to rip it out and re-do. Our aim is the kitchen so we’re going to put all available money into the kitchen and keep the driveway on the back burner.
We also did a lot of updating this summer which felt great and allows me to feel like we’ve slayed our goals. I still get a thrill turning on my foyer light, seeing the paint colours and hanging out in my updated bedroom.
I’ve spent the last few months doing minimal saving to try to bring my spending back on track. It’s been a big year and I’ve had a hard time staying in the black. My overall goal is to start 2018 debt free.