You have finally bought an amazing house; now what? For many new homeowners in Weston and South Florida, the obvious answer is to shop around for interior design ideas, new furniture and furnishings to make their new residence look great. Yet, this new phase often causes one to forget all of their careful budgeting and go far beyond what they can afford. To ensure that this will not be you, here are five great tips to prevent overspending.
1. Organize and Plan
An easy but often overlooked way to blow a budget is to fail to create a solid plan. Start by listing the bigger costs, than make smaller categories to real nail down an estimate- using a spreadsheet may help. Forming a definite, organized plan will help you identify costs that you may have forgotten or overlooked, and also gives you a comprehensive overview of your total cost. Another benefit is a clearer look at your primary furnishing costs, helping you be more decisive on what you really need.
2. Be Patient
A lot of new homeowners get so excited about purchasing furnishings that they start shopping before they can really grasp what the best way to use their space is going to be. Every piece of furniture you buy should have a clear spot and function in your new home- through this, money will not be wasted, and you will not be stuck with extra furniture you have no use for. Patience when looking for furnishings also helps prevent impulse buys and overspending.
3. Wait for Sales
Patience also serves in the wait for more affordable furniture. Many home furnishing stores have periodic sales, especially before and after large holidays. Leading up to a holiday the stores may be packed, but it may be worth it to tolerate the crowds in order to hunt down some great discounts. Plus, after a holiday, the far less-crowded stores may be looking to offload their extra stock by slashing their prices.
4. Save Money Through Online Outlet Stores
There are many different places to buy furniture these days, and there is no need to go to a traditional, often expensive brick-and-mortar furniture store. Online sites will often be cheaper, especially if you’re good at working with a tape measure and willing to change your vision a little. Another great advantage of using an online outlet store is the easy comparison of furniture you will have across a wide range of sites, and the ability to see a far larger number of styles and colors than in any brick-and-mortar store.
5. Try Upscale Resellers
One sometimes forgotten way to save money is by looking to see what resellers have in stock. Thrift stores such as the Salvation Army or Habitat for Humanity’s ReStore can be a great alternative to traditional retailers or online stores. Although a resellers’s quality and quantity of product can change dramatically week-to-week, if you are building your furniture collection over time, going through resellers can be a great way to save a lot of money- even while often benefitting a charity as well.