When shopping for furniture and décor for your home, it's natural to feel overwhelmed with the vast range of pricing. For instance, you may come across an area rug that costs $300, and then you may find an area rug of the same size for $10,000. This vast difference in pricing can make it difficult to decide how much to spend. You may wonder when it's worth splurging on an item or if you should save. Here are five essential questions to ask yourself before you make your decision.
How long do you need it to last?
If you want your sofa to last long, it's best to invest in a well-made one. A high-quality sofa can handle heavy use and last many years (or even a lifetime). If you have kids, the fabric may wear out eventually. But instead of buying a new sofa, you can have it reupholstered for less money.
On the other hand, an armchair in your guest room would be an excellent place to save. Unless you host overnight guests frequently, guests won't sit on the chair very often. And let's face it. Bedroom chairs are just a place to toss your clothes at the end of the day.
How often will you use it?
A picture frame on a console table won't be handled much and will likely remain pristine for years to come. So unless you're head over heels for the frame and it truly resonates with you, it's probably not worth splurging on a $125 marble frame. Spend your money elsewhere. For instance, throw pillows for your sofa will get tons of use and are worth investing in high-quality materials that can withstand daily wear and tear.
Will you get tired of it in a few years?
Before you buy trendy furniture or décor, consider if you'll still like it in a few years. If you're willing to splurge on an item, make sure you'll still love it in the future. If you'll still love that $5,000 area rug in 5 or 10 years, it's worth buying. But if there's a chance you could fall out of love with it in a few years, it's best to skip it.
Is it truly special?
You know those one-of-a-kind pieces you come across that take your breath away? Those are the things you should splurge on, like an original painting you can't get out of your head. It's unlikely you'll find a cheaper version that gives you the same feeling. And if you decide to settle on something else, you'll always compare it to the one that got away. So, if it makes your heart flutter and you have the funds, go ahead and treat yourself.
Where will it live in your home?
A mirror in your basement bathroom is an excellent place to save. I wouldn't go all out on tile either in a basement bath. If it's something that will live in a room that won't be seen as often, it makes sense to save and splurge on something else. Splurge on the tile and décor in your primary bathroom. You'll be looking at it a lot and will be able to appreciate its beauty regularly.
Asking yourself these questions will help you make the best decision for your home and ensure you feel confident about your purchases. Happy shopping!
