<prompt> Human: We have a cute 1940s home in Seattle and are considering a large-ish kitchen remodel that includes removing the wall between our dining room and living room and moving some things around. Our estimate is 50k for labor, materials, etc. The tentative plan is to be in the house for another 5-10 years and I am guessing wed see probably an 8037; return on investment when we sell. I believe it would add significantly to our quality of life but I also feel a little queasy at the idea of adding debt so would love your feedback. We also really havent been living on a budget, so Id also appreciate any general feedback on numbers below or things we may be missing. Thank you for any advice! Financial InfoCurrent home value: 925kMortgage balance: 440kHELOC would be fixed at 3.9937;. Payment below assumes 30 years but, again, we plan to sell in 5-10. We are 36 and 37 and currently have 350k saved in retirement and contribute 1537;month. Monthly budget including HELOC payment:Take home: 11kmonthPITI2681HELOC238Kids TuitionChild Care1,728 we have 5 and 8 year old girls and this is parochial school tuition beforeafter careKid activities200ShoppingMisc350Personal Care200Christmas Savings150Entertainment100Medical50Groceries 900Eating Out500Student Loans265 paid off in 2021Home and Car Insurance96Life insurance125Utilities350Gas180CableInternet87House cleaner150Gym115529 Savings for Girls500CR-V300 paid off in 2021Phones197George doggie daycare food300Vacations: 350Total 10,174Remaining: 826  <response>: You have half a million in current equity, down to 450k after the remodel, and you have 10 years of market appreciation before you sell. The Seattle market is insanely overheated bubble-ish and I dont think the value of your place will rise by a consistent 20 per annum until 2028, as it has done now. But its sure not going to go down. Do the deal. If you start to feel squeezed, theres about 2,000 worth of totally discretionary, sometimes absurd line items in your budget 350 for vacations, 350 for shoppingmisc, 500 for eating out, 150 for Christmas, 150 for house cleaner, etc., etc. that you can cut back on. 900 for groceries plus 500 for restaurants each month is ridiculous; cut that in half, which you can, and youll get this kitchen paid for that much faster. 