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How To Decorate Your Home Without Spending a Fortune

How To Decorate Your Home Without Spending a Fortune

Decorating a new home is exciting, fun, and of course, expensive. If you just bought a house, you probably spent a considerable amount of money on closing costs. If you just rented a new space, you’ll have deposits to make on top of moving costs. Of course, when you have all of these expenses that come with a new place, the last thing you want to do is spend thousands of dollars furnishing it. Luckily, there are several ways that you can decorate and furnish a house on a budget. These include adapting a “DIY” spirit, which means refinishing furniture or sewing your own pillows. It also means scouring deals or perhaps being more creative with the items you already have in your home. Essentially, all it takes is a little bit of planning to stick to a budget when decorating your home. Once you know what you want and how much of it you’re going to buy, you can then go on to find the best deals. Below you’ll find more details on the top ways to save on decorating costs.

How to Decorate Home Without Breaking the Bank

1. Learn How To Sew

If you’re savvy at following YouTube videos and reading a manual, you can teach yourself how to sew. It’s really not a difficult skill to learn, and it just takes a little bit of practice. By learning how to sew, you can make pillows, sheets, curtains, and a variety of other household items in just a few hours. Why spend $30 on a decorative pillow when you can spend $5 on a yard of fabric and make two? Plus, you’ll get to customize your accessories exactly how you want them to look.

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2. Be Active On Craigslist

Many people know about Craigslist.com and how beneficial it can be when you are looking for second hand furniture. However, I also hear a lot of complaints about how some cities have better pieces of furniture than others. The way to really score big on Craigslist is to be vigilant. You have to know exactly what you are looking for and check multiple times a day for that item. It also helps if you are the first person to respond about an item, and you offer to go see it as soon as possible. Avoid overpaying for an item if it has damages or is not exactly as it was pictured in the ad. Bring cash and try to get the price for slightly less when you go to pick up the item.

3. Refinish Old Pieces

Many of us have older pieces of furniture from our parents or grandparents that don’t go with our décor. I often see pieces like this on the curb, only to be replaced by newer, more contemporary models. Spending the money on new furniture can be avoided if you refinish or paint old pieces of furniture. It will take about a weekend to refinish an old piece due to drying times, but once you do, you’ll have a “new” piece that actually fits in well with your overall design.

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4. Visit Thrift Stores

It’s amazing what people will throw out. I’ve found huge bookshelves, great pieces of art, and designer clothes at all thrift stores. Additionally, many thrift stores have 50% off days where they liquidate items before new ones come in. Some things I wouldn’t purchase from thrift stores include cloth sofas and sheets. However, inexpensive wood headboards, side tables, and art are definitely worth a trip to the thrift store from time to time.

5. Buy Floor Samples

When you go to buy furniture at a big box store, you often order pieces that you see on the show room floor. One way to keep costs down is to ask them when they will have a floor model sale. This is where the store sells the furniture that they used to showcase different collections. They might have a little more wear and tear on them from people trying them out. Otherwise, most of them should be in near perfect condition.

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6. Re-use and Re-cycle

Many people purchase accessories for their home like vases, picture frames, and other items. However, there are many household items that you use every single day that can be recycled into home décor. A glass bottle can become a vase. A tin can become a place to keep your pens and pencils. The possibilities are truly endless.

7. Embrace Minimalist Design

One easy way to save money on decorating is to simply buy less. Having a minimalist design means having a zen-like space. When you have less papers less clutter, and less mess, you feel much more at peace in your home. You’ll also feel much more at peace with your finances because you aren’t splurging on accessories that clutter your space.

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Hopefully, these tips will help you to decorate your new home with incredible style, great design, and without breaking the bank.

Featured photo credit:  modern interior design via Shutterstock

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Catherine Alford

Catherine is the go to personal finance expert for educated, aspirational moms who want to recapture their life passions.

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Last Updated on January 21, 2020

How to Develop a Millionaire Mindset in 6 Simple Steps

How to Develop a Millionaire Mindset in 6 Simple Steps

We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?

It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.

How do you go about developing that millionaire mindset? By following these simple steps:

1. Focus On What You Want – And Take It!

So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.

Millionaires play to win, not to avoid defeat.

This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!

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2. Become Goal-Orientated

It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.

Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.

Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.

Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.

You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.

If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?

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If you are to become a millionaire, you need to start accumulating money.

Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life

3. Don’t Spend Your Money – Invest It

The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.

Stop working for your money and make your money work for you.

Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.

There’s not just the stock market — there’s also property, and your own education.

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4. Never Stop Learning

The best thing you can invest in is yourself.

Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.

Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?

Learn everything you can about how economics works, how the stocks markets work, how they trend.

Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.

Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You

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5. Think Big

While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.

There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.

Aim for the stars, if you fail you’ll still be over the moon.

6. Enjoy the Attention

To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.

Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.

If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.

Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.

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Featured photo credit: Austin Distel via unsplash.com

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