Many people have been staying home more than they’re used to over the past year and a half due to the ongoing spread of COVID-19. It’s therefore no surprise that many homeowners are wondering what they can do to improve their property. One area of focus is creating more space for activities and recreation, especially outdoors. Features like pools, fire pits, and gardens are more popular than ever. Expanding or reimagining your garden can be the perfect pandemic project to take on for anyone with a green thumb. If you’re considering redesigning your garden, keep reading to learn how you can financially prepare for it.
How can you prepare financially for a garden redesign?
Redesigning your lawn or garden can be expensive, which is why it’s a good idea to make a plan for how to pay for your home upgrades before you begin the process. It’s good to start by having a professional provide an estimate for the total cost of your landscaping project. It’s important to know what your financial goals are if you want to begin making a plan to achieve them.
You should take some time to research personal finance tips and look at some of the resources that are designed for individuals who need a little help with money management. One great website for anyone looking to improve their financial situation is wealthrocket.com. Wealth Rocket is designed to help younger people and those less experienced with finance learn how to invest, save money, and eliminate debt. It’s more than worth checking out their budgeting tools, including their budget app, to see how they might be able to help you.
Reducing your debt is always smart, but you should especially consider at least paying down high-interest credit card debt before you take on a new home project. Even if you can’t pay off your entire credit card bill, reducing your monthly payment will make a noticeable difference when it comes time to handle the maintenance costs of your new garden. While it can be tempting to pay the minimum, you’ll need to start making a dent in the principal balance if you want to get out of debt.
What services can help bring your vision to life?
If you have a large yard or specific needs for your landscaping project, you may want to work with a professional landscape designer to bring your vision to life. Businesses like this Denver landscape design company can help with the entire process including design, construction, and even property care and maintenance. Whether you want a built-in pool, an outdoor kitchen, or a fire pit to relax around with your family, a landscape designer can help find the best way to make it happen.
In addition to improving the aesthetic of your property and providing you with more recreational space, lawn design also holds its value better than many other common home improvements. Making the front of your yard more attractive will also boost your home’s curb appeal. While you may not be thinking about selling now, you’ll be grateful that you made upgrades that added to your home’s value if you do decide to put your home on the market one day.
There’s no shortcut to creating a healthier financial situation. Lowering your debt, building up your savings account, and increasing your net worth all take time. Fortunately, redesigning a garden won’t require the amount of liquidity as many of the more significant home improvement projects do. Spending even just a few months increasing your credit card bill payments and cutting out overspending can make a huge difference for your personal finances. You can use your newfound savings to help manage the expenses associated with your garden redesign.