Adding an extension to your building or home can provide you with extra space, where you can relax or engage in other activities. The challenge, however, is financing the extension, as the process can be relatively expensive depending on the design and materials used.
Some of the ways you can finance an extension to your building or home are:
Get a Bank Loan
There are banks that offer specific loans to help with construction and/or refurbishment. Approach your bank to see if this is a viable option, and ask them about interest rates and payment terms.
But only take out a loan that you are sure you can service, and one that won’t adversely affect your financial situation. You should also make sure that you have a good credit score before taking out a bank loan.
Win an Online Casino Jackpot
This one might sound a little farfetched, but if you’re passionate about betting, it might just work. After all, this is the main reason people play at online casinos like https://bitstarz-online.com and others, which offer chances to win big.
But do your due diligence before you start playing online to make sure that the betting site is legit.
Organise a Garage Sale
Do you have items in your home that you no longer use? If you want to build an extension and you’re low on funds, you might consider selling them.
Having a garage sale will not only help you declutter, it will also give you some extra money to put into your extension project.
Save for It
If you don’t need the extension immediately, you can simply start saving for it. Take a little money from your salary each month and put it aside for your planned extension project.
Maybe you can also ask for a little help from your family.