Financial Blog

Consumer IQ

Home Upgrades and Improvements That Will Actually Improve Your Quality of Life

COVID-19 is having an unprecedented impact on people’s lives. The world’s been flipped upside down and the rug pulled from beneath our feet. It’s a time of uncertainty, stress, and widespread anxiety.

While this pandemic may prove to be a real challenge, it can also bring new opportunities and force you to find ways to cope with anxiety and other negative thoughts and feelings. That’s why having all the essentials around is a big deal when you’re stuck at home. When upgrading, consider your budget and the functionality and quality of the item. Here are a few items you should consider replacing down the line that will help you improve your quality of life overall.

Household Necessities:

Air conditioner

Air conditioning can provide us with safety and better quality of life in our own homes. Not only does air conditioning get us through the hellish summer months in the Philippines, it can also improve general air quality as well. Some air conditioners also have built-in technology that lets you save on electricity.

*Photo courtesy by LG

Washing Machine

To save you a trip to the washer (both for convenience and health reasons), it might be practical to get your own washing machine. Automatic washing machines have reduced our workload allowing us to spend our time more productively and on things we enjoy.

*Photo courtesy by LG


The most important kitchen appliance when it comes to keeping food fresh and safe. When choosing a refrigerator, always take into account how much storage you actually need. This will help you decide what type and size of refrigerator to get. Investing in the right refrigerator can mean monthly savings for years.

*Photo courtesy by Samsung


Good sleep lets you start your day right and, more importantly, it can also contribute to a more healthy mind and body. Since most of us are staying at home during the pandemic, we might be spending more than half our day on our mattresses. Having a comfortable mattress can increase both your work productivity and general comfort when trying to relax.

*Photo courtesy by Comfort Living PH


An oven just plain makes life easier. Since we’re cutting down on outside trips, it’s both practical and safer to cook at home. Getting a good oven can incentivize you to cook more, and in the process, save more.

*Photo courtesy by American Heritage

Financing your upgrades

Financing home upgrades is a big step that you should only take if it’s the right choice for you. Wondering how to pay for home upgrades? Fortunately, there are ways to finance it. Here are a few examples:


Keep your overall debt to a minimum. Cash is the best way to pay for your upgrade. If you intend to pay in cash, you may need to be patient while saving. Paying out of pocket can help eliminate extra costs, allowing you to stay within your budget.

Credit Card

If you only need a small amount, a credit card could be a great way to fund your upgrade. Certain credit cards offer rewards for every spending, this could help you take advantage of those benefits. Make sure you pay off your balance over a short period of time. 

No credit card yet? You can apply for a credit card here.

Personal Loan

Quick payout? This could be a good alternative for financing. A Personal loan is an unsecured loan which means it does not require any type of collateral for you to borrow money.

Apply for a Personal Loan here.

Home Equity Loan

A home equity loan, also known as a second mortgage, could be the perfect financing option since you’ll receive all funds upfront. Our Home Equity Loan lets you use your home’s current value as security for the cash you need. Perfect for financing your home upgrades.

Apply for a Home Equity Loan here.

Final Thoughts

Think about any run-of-the-mill activity or item in your home and figure out if there’s a way you can better tailor it to your individual lifestyle. Over time, you’ll be able to better set up your home in a way that reflects the life you want to live. At best, you can increase your work productivity and improve your mental health. At the bare minimum, you can give yourself a lot more time to focus on things that really matter that can (and will) help weather the storm.



Share This