Personal Residence #1 – Renovation Spending Update (April 11, 2019)

Prior to completing the purchase of Personal Residence #1, I really had no idea how much a full-blown renovation would cost, but in the back of my mind, I was already budgeting around ~$15,000 USD. I thought the aforementioned figure would be more than generous enough to help me get to the desired finish line, but hey, sometimes you really just don’t know for sure until you do it.

As of April 11, 2019, here’s the breakdown of spending, to date, so far:

Already, I’ve put in ~$3,000 USD to get the new place up to stuff, which I don’t think is too bad, all things considered.

In other words, I don’t think I’m splurging too excessively, all while at the same time, I feel like I’m giving myself ample freedom to kinda just let loose of the purse strings a bit, too.

So, kind of a happy medium — I know I’m not being frugal, but I’m also spending nowhere near “baller status” either.

In any case, I feel highly confident that I should be able to complete all remaining tasks and get to the finish line well below that initial spend target of ~$15,000 USD.

All in, I’m anticipating needing not much more than ~$10,000 USD.

Really, the only items on my shopping list that would really push costs up towards the ~$15,000 USD mark is if I indulge in the following:

  • 27″ iMac 5k retina
  • 4k Smart TV (higher end model or OLED)
  • Really snazzy sofa(bed)
  • Etc.

It’s probably altogether not necessary for me to pursue the above “luxury” items to complete the renovation, but just being honest, I have been wanting a 27″ iMac 5k retina for many years now, even as far back as the days when I was still employed by the fruit company who produces these machines; they are, however, very pricey, and perhaps I don’t even “deserve” one yet.

Ideally, I’ll be able to figure out a way to make money online via writing/blogging to fund that iMac purchase.

Anyway, so far, things are progressing well with the renovations and I think I’ve accomplished enough  that I can probably call it a day for now, and head back to California with relative peace of mind.

Most likely, I’ll resume course with renovation work later this year, taking care of the remaining items on my “to do list” (e.g. kitchen remodel, fridge, washer/dryer, etc.) after I arrive back to Manila.

 

Just keep on, keeping on.

 

Thanks for tuning in!

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Ross

I’ve been wanting one of those 27″ iMacs for quite some time too. I’m currently using it as motivation to hit my online business and investing goals. When I hit the goal then I will feel that I have earned it. In the mean time, they keep upgrading them so the iMacs are even nicer than the initial ones I wanted years ago!

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