• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Wrenne Financial

Schedule an introductory call For clients

  • YOUR EXPERIENCE
    • Our Services
    • Our Process
  • Fees
  • Case studies
    • Meet the Vamadevans – In Practice
    • Meet the Maxwells
      – In Training
    • Meet the Schmitts
      – In Transition
  • Our Team
  • FAQs
  • Blog
Featured Image How To Finance Big Home Projects

January 27, 2022 by Finance for Physicians

How To Finance Big Home Projects

You deserve what you want right now, especially when it comes to building or buying your dream home. Immediate gratification – that’s the American way. How do you decide if that makes sense and how do you make it happen financially?

In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about how to finance big or small home projects. There’s always something to do. How do you fund your home projects, renovations, additions, and improvements?

Topics Discussed:

  • Typical Thought Process: Be aware to avoid cultural pulls and temptations
  • Reasons for Financing: Low interest rates, good investment, emotional drivers
  • Catalyst: When a reasonable small home project turns into an illogical big one
  • Solution: Create/consult financial plan, priorities, values, goals to be objective
  • Financing Factors:
    • What’s your cash flow situation?
    • How much equity is in your house?
    • What is your debt-to-income ratio?
  • Ways to Finance Home Projects:
    • Hardest: Save up or invest cash
    • Easier: Home equity line of credit or construction loan
    • Easiest: Home equity loan, cash out refinance, personal loan, credit cards

Links:

DIY Planning Guide

Contact Finance for Physicians

Finance for Physicians

Share this post:
  • Facebook
  • Pinterest
  • Twitter
  • Linkedin

Reach out to us

admin@wrennefinancial.com

859-538-6044

Follow us dashicons-facebook-alt dashicons-linkedin

996 E New Circle Rd, Unit #270
Lexington, KY 40505

Doctors, do you know your financial vitals?

Enroll in our vitals check series to begin uncovering what yours are today.

Privacy Policy  |  Web Accessibility  |  Site Map  |  Form CRS  |  Disclosures

Copyright © 2025 Wrenne Financial. All rights reserved. Designed by Tinyfrog Technologies.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Wrenne Financial Planning LLC (“WFP”) is a registered investment adviser with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. All written content on this site is for information purposes only. Opinions expressed herein are solely those of WFP, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.