Question by boots : Should we wipe out savings or go with home equity line of credit to finance home improvements
My husband and I are debating how to finance some home improvement projects. He says use savings, I say use a line of credit (within two years repay hopefully) I am afraid if we use savings we will never replace it. He does not want debt. Any opinions? Best answer:
Answer by Joe C
Neither. Never use all of your savings or borrow money for a luxury expense.Save up the extra money and pay cash.
What do you think? Answer below!
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