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Posted by on Jul 24, 2015 in DIY, Home And Housing | 0 comments

5 Tips To Find Funding for Home Improvement Projects

5 Tips To Find Funding for Home Improvement Projects

Want to improve your home but don’t have the money to do it? It’s time to start brainstorming some funding ideas! The money is out there, you know it. It’s just a matter of tapping into potential resources.

If you find that you’re stuck in a cycle of trying to figure funding out on your own, follow these five tips to help expand your possibilities – think about crowdfunding as a great place to start, it doesn’t hurt to ask friends and family, potential collaborators could help cut costs, DIY enthusiasts might help you with money and experience, and local community meetings can come in handy as well.

Think About Crowdfunding

How familiar are you with places like Kickstarter or other crowdfunding sites? Thousands of people go there for help getting started with projects, and many succeed. New places have crowdfunding platforms with fewer restrictions, and they are tremendous resources for people trying to figure out how to present their ideas to the world, and get funded in the process.

Parents and Friends

Especially for home improvement projects, don’t ever hesitate to talk to friends and family. The worst they can do is say no, and the best they can do is support you with their time and money. Especially in some type of shared space, there can be a ton of support for what you’re trying to accomplish. Maybe ask them around a holiday as well, when they’re in a more giving mood!

Potential Collaborators

If you have a particularly big project, think about collaborations with people as well. You could cut your cost down by half and have another set of eyes and ears on a project simply by asking one person to come in on an idea with you. With new project management software available, it’s never been easier to get organized as well, especially with mobile devices.

DIY Enthusiasts

If you know of any DIY enthusiasts, they will probably by default be interested in helping you out. For the cost of a few lunches or dinners, they can help you get your home improvement project started and offer they advice, experience, and potentially even money into the equation, depending on how you sell the project to them as a whole.

Community Meetings

What if you’re more interested in a community project that will improve the overall look of your town or city? Especially in smaller towns, you can go to community meetings and pitch your ideas to the mayor or city council, and they can potentially fund the whole thing. Especially if you know someone on the council, they should be able to tell you the best way to present your case to interested parties.

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