People are falling in love with the idea of change, and sometimes, that starts from home.

Whether you’re trying to sell your home or you’ve been dreaming of change with all the new home remodeling, DIY projects, and house flipping shows, there’s more than meets the eye.

When planning to remodel your home, keeping your funds in order and organized plays a major role.

Most people put all of their home renovations money into one savings account and they spend from it whenever they need to make payments on a project. This could make it more difficult to keep up with your costs and stick with your remodeling budget because it’s easy to mix up funds or overspend when you don’t have a fixed account. 

But what if there was a way to organize all your home renovations project costs and also have them in one place?

This article will show you:

  • How to use money pools to separate home improvement funds.
  • How to fund your home renovation with no money.
  • How to make a renovation budget.
  • How to calculate your remodeling costs.
  • How Braid can help you save and manage your renovation funds.

How to Use Money Pools to Separate Home Improvement Funds

Home improvement and remodeling projects are very detailed processes. Your funds will be split in many ways: from supplies and materials to room-specific budgets. Here are a few things your fund is bound to be split into:

  • Lights 
  • Flooring
  • Paint
  • Kitchen 
  • Bathroom 
  • Guest bedrooms
  • Living rooms

Different rooms require different attention. The detail doesn’t just stop at what you need but where you may need it. 

Leaving all of your money for these projects in one account could do more harm than good.

You could decide to spend more money on your flooring because porcelain gives your room a more upscale look. 

Then you realize that the extra expense dipped into your money for lighting. Now, instead of buying nice LED lighting for your kitchen, you have to scale back to regular ceiling lighting.

Taking money out of areas you didn’t want to touch doesn’t have to be your reality. 

With Braid, you can create a money pool for every project.

  • You can watch how much money goes in and out of the pool.
  • You can spend money directly from the pool with the Braid debit card.
  • Your money is safe and secure.

And the best thing about it? The money is all in one place. The shared wallet takes away the stress of using multiple apps and accounts. 

You can say goodbye to overspending on certain projects and mixing up funds.

So what does it take?

  • Create a free Braid Money Pool.
  • Give your pool a customized name to help you remember.
  • Create as many pools necessary.

That’s all it takes!

Ready to start separating your home renovations funds? Click here!

How to Fund Your Home Renovation With No Money

Home renovations look beautiful when you finally get to see the finished product. But sometimes, that beauty can blind you when it comes to how expensive things can be. 

It’s normal to want the top-tier look but they come with top-tier prices.

There are plenty of options for loans and financing for home renovations—which is the route that most people go—but there are a few other ways.

Be Serious About Saving

Check your bank account statement to see if there are areas where you can cut out any unnecessary spending.

Maybe you can lay off the extreme self-care days you give yourself twice a month.

That trip you wanted to go on could wait until you’ve raised enough in your money pool to run the renovation costs.

Also, check the budget for your renovations (which will be discussed in more detail later). Is everything reasonably estimated? Did you overestimate too much and can get away with shedding some away?

Take a look at all of these factors when it comes to the money you put towards remodeling your home. 

Braid Money Pools allow you to save money easily. Watch your home renovations fund grow by contributing savings to each of your project’s money pools. 

You can contribute different amounts of money until you reach your goal.

There is no limit to the number of contributions you make. The more the better.


Create a Braid Money Pool to help you raise money for your remodeling projects.

It’s important to be open with people. This is your chance to show them why they should be moved to contribute to your fund.

This can be shared amongst family and friends, and even for more people to be reached like social media.

Either way, all people will need is a link to donate. 

They don’t have to worry about downloading the app or creating an account. Money can go directly to your pool from their account, all with just a click of a link.

Start getting contributions to your home remodeling project with Braid now!

How to Make A Renovation Budget

When it comes to spending money, budgets are necessary to keep you in check. Spending money aimlessly can only lead to overspending.

Parameters must be placed so that you are staying within your financial capabilities. 

Having a budget will keep you on track, and you can even end up saving in some areas. 

Create a renovations money pool to track, budget, and spend when and how you want.

While it is a must, creating a budget for your home renovations can be a bit difficult. There are so many things to take into consideration.

Do Your Research

Doing research helps you to avoid unexpected expenses. When you know how much you will spend between different projects, you are not surprised by a random cost.

This is your time to ask plenty of questions. Asking different professionals for their opinion on things can help you in the long run. 

Get multiple estimates from different vendors, professionals, and contractors.

Some remodeling projects require you to have a permit. Be sure to check and make sure you avoid any future halts in your project.

Lastly, factor in the time it will take you to finish all of your projects. 

Map Out How Much You Have to Spend

You’ve reached your home renovations savings goal and you are surprised at what you were able to do with your money pool. 

It’s time for you to get the final total and determine how much money you can spend and on which projects.

During this stage, you should still focus on getting estimates from different sources. Never just stick to one estimate because that could throw you completely out of your budget.

Prepare yourself with a proper financial plan.

Don’t Forget to Factor in Labor

Buying the materials you need for your home remodeling projects is just a small portion of the spending you’ll do.

Unless you are a DIY person who is great with remodeling and building, you’re going to have to pay for contractors. 

That new sink is not going to put itself up and make sure it’s hooked to the waterline. 

The kitchen lights are not going to magically light up.

With renovations, contractors and labor make up the biggest portion of the money you will spend. 

This is why getting estimates from different professionals in the research stage is a huge step.

There are plenty of websites that you can use to find contractors in your area. is a free source that allows you to search for remodeling contractors based on location, project type, style, and budget.

Their website also has reviews so you can see the past work they’ve done from clients.

Set Up Your Priorities

It’s the part that everyone hates—separating the wants from the needs.

When it comes to home renovations, sometimes things have to get cut out.

Setting priorities for what is at the top of your list will help you if that decision ever has to be made.

Do you need the shower that falls 8 ways or could you get a bigger chef-style sink?

Highlight what your must-haves are so you can easily get rid of the extra. This is especially important for people who are already on a tight budget.


Yes, you were just told to get estimates for spending, but there’s more to it. You should always make sure to overestimate how much your remodeling project will cost.

It’s better to be safe than sorry.

Price changes happen all the time. Supply and demand still exist. 

Overestimation can help you save money in the long run. It’s like giving yourself a nice, big cushion before falling.

Besides that, there’s nothing like having some unexpected money left over after spending.

To overestimate properly, consider the value of your home. You should avoid spending 10-15% of that on a single room.

How to Calculate Remodeling Costs

You have been killing it with research. You’re a research machine.

All that work and it’s still overwhelming.

The cost of labor, materials, and contractors in your area is a lot to take in. The difficulty of it all is now settling.

You need an extra hand in setting the budget up for your home renovations project. 

There are different calculators to help you calculate your remodeling project costs.

The Remodeling Calculator is easy to use. All you have to do is plug in your information. Their system gives you the numbers you need with no problem.

  • Select the room you want to remodel (i.e. bathroom, living, or bed). This will also include the size of the room by square ft.
  • Choose the quality of materials you want to use on the project.
  • Select the project type. Is it new construction or are you remodeling?
  • Select the region for the best estimates.

How Braid Helps You Save and Manage Renovation Money

Easily Track Your Expenses

When you get carried away with the beauty of things, it’s easy to crossover into different categories of your project.

You spend money on your bedroom in your living and things are becoming a mess.

With Braid Pools, you can avoid this from happening by creating a pool for every project. You can separate your pools by the materials you’ll have to buy or room. It’s completely up to you!

Set up as many money pools as you need.

Braid also makes it easy to see all of your transactions, so you never have to question the amount available.

All Your Money Is in One Place

You’re switching back and forth between debit cards. You’re downloading multiple apps from different banks and money payment services.

Scattered money is a disaster waiting to happen.

Worrying about having your money in various accounts isn’t your problem with Braid.

Braid puts all your money in one shared wallet. 

Braid also makes it easy to switch between different pools to spend money directly from the app. No matter the number of pools you have created, Braid works effortlessly to help you access your funds.

Spend Money Directly From the Pool

Have you ever had to worry about transferring money to different accounts before you could spend it? It’s a huge pain!

With Braid, you can spend the money directly from your money pool.

The free digital Braid debit card allows you to spend anywhere Mastercard is accepted.

If digital money is too much for you, you can also order a physical Braid debit card. 

Start Using Braid for Home Renovations Today

Now you understand why putting all of your money in one account just won’t cut it.

Home renovations must have an organized process, down to the funds. 

You can’t get more organized than with Braid Pools.