While it’s always fun to dream about your home remodeling project, there are any number of situational and financial considerations you have to make before the visions of future bliss are fully formed. There are certain times in life when a home renovation isn’t wise. For instance, if you’re between jobs, providing full-time care for a loved one, or expecting to pay college tuition in the near future, the timing probably isn’t right to absorb the life disruption and dent in the bank account.