Whether you are close to buying your first home, or you are ‘leaving home’ and moving into an unfurnished rental property, how you furnish your home is crucial. After all, buying your first property or leaving home are both exciting things to do, but if you don’t ensure where you live is ‘homely’ you could end up hating it.
Here are some tips that will help you furnish your first home, also considering that you might already have paid out significant sums of cash on mortgage or rental deposits.
Buy New or Buy Used?
If you’ve put your savings towards your mortgage deposit, early rental fees, and into the process of moving your existing belongings – and yourself! – to your new home, then buying second hand furniture might seem like a no-brainer. There is nothing wrong with this line of thinking, but try to think long term instead of short term. That second hand sofa may seem to be in good condition now, but does it look like it will last for the next 10, 15, or even 20 years? Second hand appliances can be picked up for very little money, but you’re missing out on the manufacturers guarantee that it’ll work for the next few years.
Buying new means you can benefit from protection from the seller as well as the manufacturer, and though it may cost you more now it could save you money in the long-term, particularly if you’re careful with how you use your furniture, which takes us to our next point.
Do you have pets, children, or a plan to have either pets or children in the near future? Do you enjoy a glass of red wine but also tend to be clumsy and spill your drink from time to time?
We don’t need to know your lifestyle habits or future plans, but we do think you should be thinking about how your furniture fits in with your lifestyle. A cream leather sofa or beautiful suede cushions might look great in a furniture showroom, but are they really suitable for you?
If there’s furniture you want rather than what you need, there’s nothing wrong with buying this, either, but make sure it’s functional based on how you live.
Whatever you do, don’t forget to measure your rooms! It is amazing how often people move house and don’t consider how they’ll fit a bed, wardrobe, dresser, and anything else they need into their bedroom, or fall into a similar trap for other rooms around the house.
How Will You Decorate?
If you haven’t already done so, think about your decorating plans before buying furniture where possible. The last thing you want to do is spend a small fortune on furniture only to realise it doesn’t sit well with the colours you have chosen to decorate with three months down the line.
Should you find yourself buying furniture before you can decide on decorating options, you have a couple of choices:
Buy neutral colours that are likely to fit in no matter how you choose to decorate, keeping in mind what we said about cream and suede earlier.
Buy whatever you want, then cover your furniture using throws, cushions, and other accessories that fit in with how you choose to decorate.
Buy Essentials First
This sounds like an obvious tip, but in the excitement of moving it’s easy to get caught up in buying everything you think you need at once. Not only can this lead to you spending more money than you need to, you could end up with a long-term case of buyer’s regret when you end up with a piece of furniture you hate or end up selling it for a lot less than you bought it for.
Take your time when buying furniture and not only will you ensure you fill your home with things you’ll cherish for many years to come, but you’ll be able to save money both on the purchase price and may avoid buying what you need with revolving credit accounts.
For Those Things You Want, Now
A NOW FINANCE household furnishings loan can help you get those things you want for your new home, now. If you have used your savings moving, or simply wish to keep hold of your money and cover the cost of your furniture over a period of up to [repay_range_max], discover how a NOW FINANCE personal loan can help you achieve the welcome, homely feeling we all aspire to.
Check your Credit Score here to find out what your interest rate will be prior to applying for a NOW FINANCE household furnishings loan.
Disclaimer: This article contains general comments and recommendations only. This article has been prepared without taking account of your objectives, financial situation or needs. Before taking any action you should consider the appropriateness of the comments made in the article, having regard to your objectives, financial situation and needs. If this article relates to the acquisition, or possible acquisition, of a particular credit product you should obtain and consider the relevant disclosure documents before applying for the product.