Creating A Budget For Decorating Your Home Isn’t Just About Saving Money; It’s About Making Sure You Get The Best Value As Well
As much as we would like to buy whatever we want when doing a home makeover, that just isn’t feasible for most of us. Decorating requires careful planning, making tough decisions, and creating a budget to rein in our spending.
Sticking to a budget may feel like you have your hands tied, but budgeting isn’t just about being cheap. It’s about making sure that you get the best value for your money.
Make A Wishlist
Write down all the things you would love to have, and pretend that money is no object. Search for inspiration online, and be sure to note the specifics.
Saying that you want more storage space is all fine and good, but it’s a little vague. Define how you want the additional space to show up in your home, whether it’s through installing new shelves or buying a storage bench. When you know your decorating style, it becomes much easier to make your plans for decorating.
Figure Out Your Actual Budget
After making your wishlist, it’s time to crunch the numbers. Examine your monthly income and expenses to figure out how much money you can realistically put toward decorating.
If you aren’t satisfied with the amount of money you have, take the time to save up before starting on your home improvement project. Pushing the project back is better than maxing out your credit cards and feeling guilty about how much you spent.
Shop Around
ID 200730605 – © Aleksandra Tikhonravova – Dreamstime.com – illustrative purposes only
Do some research on how much things actually cost. Compare prices at different stores while also looking at the style and quality of the items. Remember to include labor costs for work like floor installation and electrical wiring for new lights, as well as shipping and delivery fees.
The prices may add up more quickly than you expected, but don’t get discouraged! This process calls for a lot of reviewing and adjusting, so you’ll probably need to make some trade-offs to free up some funds for what you consider your decorating must-haves.
Narrow Down Your Wishlist
After shopping around, cut out the things that won’t fit in your budget. This doesn’t mean you have to get rid of those things altogether. You can swap out more expensive items for a cheaper alternative and still get the look you were aiming for.
For instance, instead of the elaborate wallpaper you had your eye on, you might have to go for a similar paint color. Or maybe you need to replace your idea of marble countertops with quartz or granite.
Part of narrowing down your wishlist includes prioritizing your purchases. Determine what you want done first and the order of decor items you want to buy. Would you rather purchase furniture pieces like a couch and dining table before accessories like rugs?
Splurge On Important Room Features
Spend the bulk of your money on the items or features you’ll use every day, such as a high-quality sofa, kitchen table, walls, and flooring.
Splurging on well-made, durable items that can withstand the wear and tear of daily use will ensure that they retain their value and serve you for many years to come.
Your house and your wallet will thank you if you follow this guide!
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