How to create a home decorating budget

1. Prepare a Décor and Design Wish List

To begin with, prepare a list of everything you wish to do with your home. This includes home furniture, decoration items, accessories, painting the walls, and home renovations like modifying the floors or wardrobes. As the first draft, hold nothing back. Jot down simply everything you would like to do decorating-wise as if a budget was no restriction. Later, divide the list up into two parts: Wants and Needs. For instance, if your bed is falling apart or if you don't even have one yet, then this goes under the Needs list.  Bedroom decoration items, and new flooring, however, may only be a Want if your existing décor or floors are in satisfactory condition but simply aren't your preferred choice.

3. Prioritise Labour and Other Purchases

Apart from the décor, you'll have to evaluate the price of materials and labour. Painting the walls, for instance, needs more than just the paint. You will have to consider not only how many gallons you'll need but also supplies like paint brushes, rollers, trays, and drop cloths.
 

Labour charges can also get super expensive. Decide which tasks you are willing to take on yourself (remember to do your research first to get a practical idea of what is concerned) and which ones you will be better off employing professionals to get done. Later, do some research on what those tasks generally cost.

4. Set Your Priorities Straight

It's crucial to determine your priorities. Your home decorating ideas on a budget may not allow you to get everything in one go, so reason out what you most urgently need and go from there. Bigger pieces should typically be bought first because it's more comfortable to design around them than to try to seek things like a couch or bed frame that checks the rest of your décor. Furthermore, if there is anything you need to do to make the home more functional or get it prepared for another element, such as electrical wiring for lighting, ensure that is prioritised, as well.

5. Keep a Buffer Expense

There are always unforeseen expenses that pop up when you are functioning on a budget home interior design particularly if any renovations are also in the plan. It's also common to go over budget on shopping if you see something you just have to have or end up requiring you hadn't included in your original need list. We suggest building a 10%-15% buffer into your budget to make up for anything unexpected.

6. Invest in Statement Room Décor Elements

Spend all the big money on the big 'statement' items - the elements you first notice in a space. Consider big expenses for the home décor items you'll use every day; that are challenging to change; will retain their value over time, or will add value to your house. That could be new flooring, built-ins or other permanent elements, well-made furniture with lush upholstery or investment art. Don't feel guilty about splurging on the items that will make your room. Just ensure they're worth what you're spending and will serve you well over time and years to come.

7. Economise on the Cosmetic Design Changes

After you have planned out the major part of your low budget home décor for the statement items, think up what's left for the extras: fabrics and other textiles lighting fixtures and other decorative elements- everything that's available at a broad range of price points and is easy to switch out or upgrade later on. In the place of buying expensive trendy furniture, for example, follow the latest trends in accessories and décor items. They can make a huge impact and help a room feel contemporary and modern without a lot of expenditure.