Posted in kitchen ideas

Kitchen cabinets are costly. Don’t make them trendy

The latest colors and trends are tempting, but a kitchen should be timeless, says Barbara Miller, design director for the Neil Kelly design and remodeling company.

It’s expensive to remodel a kitchen, and cabinets can make up 30% of the costs, so make sure you or an owner five to 10 years in the future won’t think the look has gone out of style, she says.

A sure-fire solution: White cabinets.

Since Neil Kelly started remodeling homes in Portland in 1947, “we have never stopped selling white cabinets,” says Miller, referencing a statement made by owner Tom Kelly, whose father founded the company.

She says styles and hardware have changed, but white remains popular in the Pacific Northwest, as does wood-grain cabinets.

The easiest way to ensure a kitchen has a timeless feel is to match key elements with the architecture and era of the house: A Colonial Revival house

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Posted in home

Keeping Money at Home Can Be Costly for Investors

The tendency for investors to allocate too much of their capital in their home markets is called domestic bias and is a well-known phenomenon. For U.K. investors who’ve stuck with indigenous equities in recent years, this proclivity has cost them dearly.

The U.K. investment industry manages about 8.5 trillion pounds ($11 trillion), more than three-quarters of which is on behalf of local customers, according to figures compiled by the Investment Association, a trade body. For the past five years, the geographical asset allocation of the group has barely budged, and domestic holdings have remained stuck at about 30%, compared with 23% in Europe and 22% or less in North America.  

That ignores a significant shift in how important — or unimportant — U.K. stocks are to the global equity market. While British equities have remained the third-biggest geographical component of the MSCI World Index, their share has decreased dramatically, to

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Posted in home

‘Take home’ lawsuits over COVID infections could be costly for U.S. employers

By Tom Hals



a group of people in a field: FILE PHOTO: American flags representing 200,000 lives lost due to coronavirus are placed on National Mall in Washington


© Reuters/JOSHUA ROBERTS
FILE PHOTO: American flags representing 200,000 lives lost due to coronavirus are placed on National Mall in Washington

(Reuters) – U.S. businesses with COVID-19 outbreaks are facing an emerging legal threat from claims that workers brought coronavirus home and infected relatives, which one risk analysis firm said could cost employers billions of dollars.

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The daughter of Esperanza Ugalde of Illinois filed in August what lawyers believe is the first wrongful death “take home” lawsuit, alleging her mother died of COVID-19 that her father contracted at Aurora Packing Co’s meat processing plant.

    The cases borrow elements from “take home” asbestos litigation and avoid caps on liability for workplace injuries, exposing business to costly pain and suffering damages, even though the plaintiff never set foot on their premises.

“Businesses should be very concerned about these cases,” said labor and employment attorney Tom Gies of

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Posted in kitchen remodel cost

How to Avoid Common and Costly Renovation Mistakes

By Elizabeth Renter

Many of us are spending more time at home in 2020, which could mean having more time to take on home improvement projects. But home renovations aren’t just a way to fill time; you want the results to be worth the hard work. The key to any successful project lies in careful planning — including financial strategizing — long before the power tools come out.

Roughly 3 in 5 American homeowners (61%) have taken on home improvement projects since March 1, 2020, spending $6,438, on average, according to an August 18-20 NerdWallet survey conducted online by The Harris Poll among 1,414 homeowners.

Whether you’re outfitting your home with a new office or classroom, or taking on long-intended improvements such as painting or installing new flooring, here are five tips to help you make sure you’re heading into the right project, the right way.

1. Consider Return on

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Posted in renovation

How to avoid common and costly home renovation mistakes

Many of us are spending more time at home in 2020, which could mean having more time to take on home improvement projects. But home renovations aren’t just a way to fill time; you want the results to be worth the hard work. The key to any successful project lies in careful planning — including financial strategizing — long before the power tools come out.

Roughly 3 in 5 American homeowners (61%) have taken on home improvement projects since March 1, 2020, spending $6,438, on average, according to an August 18-20 NerdWallet survey conducted online by The Harris Poll among 1,414 homeowners.

Whether you’re outfitting your home with a new office or classroom, or taking on long-intended improvements such as painting or installing new flooring, here are five tips to help you make sure you’re heading into the right project, the right way.

1. Consider return on investment

Any project

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Posted in home improvement

6 Ways to Avoid Costly Home Renovation Mistakes

Many of us are spending more time at home in 2020, which could mean having more time to take on home improvement projects. But home renovations aren’t just a way to fill time; you want the results to be worth the hard work. The key to any successful project lies in careful planning — including financial strategizing — long before the power tools come out.



a man standing in front of a window: Make sure you're heading into home improvement projects the right way.


© Getty Images
Make sure you’re heading into home improvement projects the right way.

Roughly 3 in 5 American homeowners (61%) have taken on home improvement projects since March 1, 2020, spending $6,438, on average, according to an August 18-20 NerdWallet survey conducted online by The Harris Poll among 1,414 homeowners.

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Whether you’re outfitting your home with a new office or classroom, or taking on long-intended improvements such as painting or installing new flooring, here are five tips to help you make sure

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Posted in home improvement loans

4 Costly Home Insurance Mistakes

By Doug Sibor

For homeowners in coastal states, the 2020 hurricane season could mean financial disaster. Named storms are rolling in at a record pace, with as many as 25 expected in the Atlantic this season — twice the average number. After battering the Louisiana coast in late August, Hurricane Laura alone may account for as much as $12 billion in insured losses.

Even if you think you’re prepared, you may discover that your homeowners insurance doesn’t fully cover damage from a hurricane. To make sure you’re protected, avoid these four costly pitfalls.

Skipping Flood Insurance

Flood insurance is optional, and only 15% of American households buy it, says Mark Friedlander, spokesperson for the Insurance Information Institute.

But when a hurricane or storm hits, flooding causes more residential losses than high winds, according to a 2019 report from the U.S. Congressional Budget Office. That means most homeowners, even those with

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