When people decide to buy timeless kitchen cabinets, it’s not a spur of the moment decision. You may talk about it for months or even years, but eventually you understand that those old cabinets have to go. Many people are living from paycheck to paycheck, so they don’t have the money to just buy a whole new set. They need to save money and there are many ways to go about doing it, and there is one payment method they should avoid.
Saving for Budget RTA Cabinets Over Time
A popular way of saving is to do it slowly over time. You can set up a savings account and have money placed into it every pay period or go the old-fashioned route with a jar for “the kitchen fund.” How much you save each month is up to you, but keep in mind a timeframe for getting cabinets.
If the existing cabinets are in disrepair, then you may want to fast-track the savings. If it’s down the line or part of a multi-year plan, then you can save little by little, over a year or more. Once you start, it’s important to maintain it and not dip into the account. It’s tempting to just grab some quick cash for a car repair bill or pizza night, but it will never grow that way. When it’s time to get cabinets, you won’t have enough for the one you want.
The Lump Sum Method of Paying for Dark Kitchen Cabinets
There are a few times a year when there is a potential for a large sum of money to fall into your lap. These are tax time and end of year or Christmas bonuses. These are lump sum payments that you can do whatever you want with.
If you need kitchen cabinets, then make one of these lump sums the primary way to pay. What’s great about this is there is no scrimping and saving through the year. The most important aspect of this is having a rough idea of how much you’re going to get. It won’t help you if your tax return was $50 and your Christmas bonus was a “Jelly of the Month Club” certificate.
Avoid Paying for Elegant Kitchen Cabinets with a Credit Card
There is no denying that there is an abuse of credit cards today as people face thousands of dollars in debt. It’s not a good idea to use credit cards to buy kitchen cabinets because of the high interest rates associated with them. If you’re using a credit card, then you likely don’t have the money to pay off the entire balance, and you’ll be charged interest every month. If you want, get financing through a bank or the cabinet supplier, but don’t use your high-interest credit card.
If you’d like to see what a new kitchen would look like in your home, then check out our home design tool today.