Advertising
Advertising

10 Unique Home Decorating Tips that are Easy on Your Wallet

10 Unique Home Decorating Tips that are Easy on Your Wallet

Home is not just a place; it is much more than that. The place where we spend our childhood, adulthood, and yes, the older years of our life. Not only to us, but our friends and relatives, it is a place with which many wonderful memories are associated. No doubt you want your home to be the best.

Decorating your home can sometimes be beyond your means. So here are 10 unique home decorating tips that are easy on your wallet.

Advertising

Beautiful Home

    1. Give your home comfort and elegance with Pillows.

    Pillows are the best supporters for your back when you want to watch a movie or have those late night conversations. Always use large, overstuffed pillows that can provide more elegance as well as comfort. You can even use throw pillows of different shapes and sizes to give your old room a new look. Remember to choose the right color pillows that complement your room.

    2. Have an awesome entry.

    The look of your home should catch the eyes of visitors as soon as they enter. The entrance wall of your home or rooms can be decorated with a bold wallpaper, which would be quite attractive. You can have a decorative key box in the foyer, or a beautiful nameplate for your house would also be charming. Try to maximize your foyer space.

    3. Accent lighting can bring change.

    You can use accent lighting to highlight your decor. For the kid’s room, which is often turned into a party hall, try some different colored lights. Good lighting will give your room more vibrant look.

    Advertising

    4. Make home decor items from everyday materials.

    Many common materials can be used to create beautiful decorations. Believe me! They have a more appealing look to the guests than those expensive items bought from the market. These days, many good art and craft-related videos are available free on the web – you could even learn how to use the waste materials to generate the best decorations. One of the ways to decorate your home using such materials is to create a lamp using balloon and old wool.

    5. Showcase your child’s achievements.

    Don’t let all those hard-earned trophies and medals go waste. Search for a suitable corner where you can showcase them and add more value to your house. This will not only decorate your home, but also boost your child’s moral.

    6. Focus on the room that is used most by guests.

    This can be helpful when you are planning a low budget makeover of your home. The maximum attention should be paid to the rooms where you entertain your guests. Try to maximize the space of this room by using appropriate furniture. You can also paint one of your walls with bold colors and then showcase all your decor on that wall.

    Advertising

    7. Keep those wonderful areas clean and attractive.

    Generally, people don’t keep their laundry place clean enough. Get out of those light shades and use bright and vibrant colors. You can get a bunch of artificial or natural flowers in the market which will add more colors to this dull corner of your house.

    8. Accessorize the bathroom.

    A bathroom is a place that catches everyone’s attention. You can make this part of your home more attractive by choosing the right accessories. Accessories matching to your bathroom shade will certainly have a significant effect. Towels, rods, mats – all these are inexpensive items that you can add according to your bathroom theme.

    9. Paintings express it all.

    In today’s modern era, having a great picture on your room’s wall can add a lot to your class. Various modern art paintings are available in market at affordable prices. Choose the right ones according to your taste and display them there.

    Advertising

    10. Housekeeping!

    All your efforts will go in vain if your home isn’t clean and doesn’t smell good. Clean your house often. Even the tiniest particle of the dust, if visible, can ruin all your efforts. Use a good room freshener that will make your home’s fragrance aromatic.

    Hope you liked these small budget tips. These tips are easy on your wallet, and will give your home a new look that your visitors will love.

    More by this author

    Ayu

    Freelancer

    7 Fun Things To Do When You’re Home Alone Revealed: Secret Ways to Win New Clients in Business Meetings Online Business 7 Wonderful Ideas to Start Your Online Business Today Home Reair Seven Tips to Save Money While Renovating Your Home Best Parents 7 Effective Tips for Your Child’s Positive Growth

    Trending in Budget Activity

    1 6 Easy Ways to Treat Yourself 2 7 Websites to Sell Used Stuff Profitably 3 Seven Tips to Save Money While Renovating Your Home 4 4 Ways to Make Every Penny Stretch in 2017 5 Getting Out of Debt in 4 Simple Steps

    Read Next

    Advertising
    Advertising
    Advertising

    Last Updated on July 10, 2020

    The Definitive Guide to Get out of Debt Fast (and Forever)

    The Definitive Guide to Get out of Debt Fast (and Forever)

    Debt can feel crushing, like a weight that is always weighing you down. Looking at those numbers, it can feel as if you’ll never get out from under it. However, if you really want to learn how to get out of debt, it is possible with a great deal of focus and self-control.

    Getting out of debt isn’t impossible. Like any big goal, all that it takes is an action plan to identify where you are and creating a plan to zero out your debt.

    Identifying All of Your Debts

    The first part of paying off your debt is getting a complete picture of what you owe. When you have everything written out in front of you, it makes it much easier to create an action plan. Depending on how much you owe, it might also help you realize it’s not as bad you might have originally thought.

    Here’s how you can get started identifying your debts:

    1. Own Your Debt

    Before you start identifying all of your debts, take a moment to process that you have debt but want to get out of it.

    Forgive yourself for any past mistakes, missed payments, or overspending. It might be painful to accept how much debt you have at first, but you must own it.

    2. Make a Debt Tracker

    It’s astonishing how few people ever created a tracker to understand their total debts. Most likely, it comes from not wanting to accept the guilt of having debt, but, if avoided, it can make it nearly impossible to get out of debt.

    Open up a new Google or Microsoft Excel sheet and list out all of your debts. Start with the name of the creditor, interest rates, total balance, loan term length (if any), and the minimum amount due each payment. This will include student loans, credit cards, and any other type of debt owed.

    3. Get Your Debt Number

    Once you’ve made your debt tracker and taken the other steps, identify your total payoff number. This is crucial, as you will have a starting point and a clear goal that you are trying to achieve.

    Prioritizing Your Debts

    All debt is not created equal. It’s imperative to understand that there are different types of debt.

    Advertising

    1. Understand Bad and Good Debts

    Bad debts are usually paying for things you want instead of always need. While there might be some emergencies that max out your credit cards, often times it’s excessive spending[1].

    There are three main types of bad debt:

    • Credit Card Debt: The average American household owes over $16,000 in credit card debt!
    • Auto Loan Debt: According to CNBC , the average auto loan in the US is $30,032!
    • Consumer Loan Debt: Consumer loan debt isn’t as common as credit card and auto loan debt, but it’s still considered bad as interest rates are usually between 10-28%.

    Good debt is identified as investments in your future. Here are three common types of good debt:

    • Student Loan Debt
    • Mortgage Loan
    • Business Loans

    2. Decide Which Debt to Pay off First

    Once you know each type of debt and their interest rates, you can begin to pay off debt quickly.

    Focus on paying off bad debt first, regardless of if it is a credit card or auto loan. Start by paying off the loan with the highest interest rate first.

    If you have several credit cards with different interest rates, you want to focus on the one with a higher APR. You will actually save more money by eliminating the card with the highest interest rate.

    3. Don’t Pay the Minimum Amount

    Paying the minimum amount digs you into a hole as interest rates will offset your payment. Even a small amount more than the minimum can help you pay off debt much faster.

    Removing Obstacles to Pay off Debt Quickly

    Creating a debt tracker and prioritizing a plan is simple, but avoiding temptation can be difficult.

    1. Set a Reminder to Track Your Debt

    “If you can’t measure it you can’t manage it.” -Peter Drucker

    It’s so important to track your debt to ensure that you get it paid off quickly. Similar to working out and measuring your results, you need to track your debt constantly. Start with a weekly reminder, where you sign on and log your updated number. Did you increase, decrease, or stay the same?

    Advertising

    Regularly tracking your student loan balance can be incredibly motivating, as well. You will get a huge confidence boost each time you see your total debt amount decreases.

    Set weekly and monthly goals so you can have short term wins and keep the momentum going.

    2. Hide Your Credit Cards

    If your biggest debt is credit cards, you need to eliminate temptation and remove them from your wallet.

    Some people have gone to extreme measures by freezing their credit cards. Why? This would create an ice block around your card, which would require you to chip away at it slowly. This will give you time to think if it’s the best idea to buy that thing you’re about to buy.

    3. Automate Everything

    Willpower can be a huge downfall to paying off your debt. By automating your bills each month, you will ensure that willpower isn’t involved.

    4. Plan Ahead

    Getting out of debt will require some sacrifices, but with enough planning, you can make it work.

    For example, if you know that you have a friend’s birthday or family dinner coming up, plan ahead for the costs. Whether you need to cut back on spending the week before, pick up a side job, or meet them after dinner, do what is needed.

    5. Live Cheaply

    The only way to get out of debt is to make some sacrifices on your spending habits. Find ways to save money each month so you can apply that amount to your outstanding debts. Here are some ways to save money each month:

    • Live with roommates
    • Cook dinners and prepare lunches for work instead of eating out
    • Cut cable and choose Netflix or Amazon Prime
    • Take public transit or bike to work

    Finding the Lowest Interest Rates

    The higher your interest rates, the harder (and longer) it will take you to pay off any debt.

    If possible, you want to find ways to lower your interest rates to help get out of debt quickly. Here’s how you can get started:

    Advertising

    1. Maintain a High Credit Score

    Your credit score will have a large impact on your ability to refinance your loans and receive a lower interest rate. If you have a low credit score, it’s unlikely you will be able to refinance your loans. Use these credit tips to increase and maintain an excellent score:

    • Never miss a payment
    • Don’t exceed 30% of your credit limit
    • Don’t sign up for more than one card at once
    • Limit hard inquires, like auto-loans and new credit cards
    • Monitor frequently with free credit-tracking software

    2. Find Balance Transfer Offers

    Start by opening a free account on credit.com. Credit.com offers you the chance to open a free account and see what type of balance transfer offers you can receive. Some of your existing credit cards might already have 0% or lower APR balance transfer offers available.

    Contact each of your credit card providers to ask about lowering your rate for a one-time balance transfer offer[2].

    If you do take advantage of this option, make sure that you use a balance transfer and not a cash advance. Cash advances have a ton of high interest fees (15-25%, depending on your credit card) and will only compound your debt problem.

    How to Get Rid of Debt Forever

    Setting up a plan, removing temptations, and getting the lowest interest rates is the first step to get out of debt.

    1. Keep Monitoring and Adjusting

    Once you have a plan, don’t get comfortable. Track your debt payoff plan and make the necessary adjustments when needed.

    Monitor your credit scores with a free site like CreditKarma. The higher your credit score climbs, the more likely you will be to secure a new, lower-interest loan.

    2. Earn More Money

    There are only so many ways to save money. Instead of clipping another coupon or making sacrifices for your morning coffee, find ways to earn more money!

    Think about it…it is much easier to find ways to earn an extra $1,000 per month than find $1,000 to cut from your budget.

    Here are some examples of ways to earn more money:

    Advertising

    Talk to Your Boss

    Have a conversation with your boss about current salary and/or commission rates. If you’re not satisfied or want a change, don’t be afraid to look around at other positions. Some of them might even have a student loan debt reimbursement plan!

    Start a Side Hustle

    This could be coaching students on the weekends, driving for Uber, or taking paid online surveys. There are tons of ways to make money outside your 9-5. Now that you have a clear plan to pay off your debts, you’ll be more motivated than ever to figure out creative new ways to earn money.

    Build an Online Business

    There are so many websites and blogs that earn money from ads, affiliates, and other online products. Find your niche and get started.

    3. Celebrate Your Wins

    As you progress in your debt payoff journey, don’t forget to celebrate your wins. You need to always reward yourself for the hard work and discipline that is required to get out of debt.

    While you shouldn’t celebrate so big that it increases debt, make sure to factor in little rewards to keep you motivated.

    4. Set New Financial Goals

    Eventually, with a plan and these steps, you can rid yourself of your debt. Once you do, make sure to celebrate your monumental achievement, but don’t stop there.

    Now, you can focus on acquiring wealth and increasing your net worth. Set new financial goals so you have a new target to aim toward. Here’s how to set financial goals and actually meet them.

    These could be anything now that you are debt free! Think about where you want to travel, buying your first home, or saving for your future retirement. Just like before, make sure that your goals are specific, measurable, and achievable.

    Conclusion

    Congrats, you can now set a plan in motion to finally pay off your debt quickly (and hopefully forever)!

    Remember, if you want to get out of debt quickly, it’s not always easy. Just like any big goal, there will be sacrifices, challenges, and problems to overcome.

    More Tips on Getting out of Debt

    Featured photo credit: Pepi Stojanovski via unsplash.com

    Reference

    Read Next