When budgeting for home improvement projects, it's important to consider the true cost of DIY ventures. While DIY projects can save money on labor costs, it's essential to account for the expenses of materials, tools, and potential mistakes that may require professional intervention.

For example, a DIY kitchen renovation may seem cost-effective at first, but unexpected issues such as plumbing or electrical problems can quickly escalate expenses. Additionally, the time and effort required for DIY projects should also be factored into the overall cost.

References:

• HGTV: The True Cost of DIY Home Improvement Projects
• The Spruce: The True Cost of DIY Home Improvement Projects