Set the Budget: When you begin planning your kitchen makeovers, get realistic about the price. Major renovation projects typically require long and can cost more time with a larger budget than you have planned for. Therefore, always set an amount lower than the budget you have selected to get the funds you need if your project requires it. It is always advisable to have a backup plan for your finances. In the later stages of your project, you should not be scrambling for another loan or a kitchen that isn't finished because you ran out of money.