HOW TO SAVE ON PURCHASES FOR THE HOME
This page is all about tips and tricks on saving money on everything for the home, from small decor' items to large appliances.
THE BASICS OF SAVING MONEY WHEN BUYING FOR YOUR HOME
NEVER PAY RETAIL
Understanding how retail works will help you decide what to pay more for and what you can spend less on. Outside of living in a small, barter community, if you live in the US, your buying and selling is ruled by capitalism. What things are worth is subjective, and if you don't understand how the system works, you can spend a lot of money unnecessarily due to lack of knowledge.
When companies buy their inventory, they are buying them at wholesale prices. When operating in the wholesale world, the more you spend, the bigger discount you'll get. If you're a large corporation, you can afford to spend more on inventory and therefore, you're spending less on the items you're selling.
Every item has a MSRP (Manufacturer Suggested Retail Price). This is the value that the manufacturer has placed on the item. Sometimes this price is based on the quality and cost of materials for the item. Other times, this figure is pulled out of the air, with no real reference to the quality of the item.
Retailers mark-up items as much as 400% or more. For best savings, only buy things once they're on sale or clearance. Or be objective and evaluate the true value of the item, to decide if you want to buy another brand in entirety.
MIX & MATCH
One way to be affordably chic is to mix and match by incorporating garage sale and thrift store finds.
It all boils down to your color theme and how uniform you want your room to be. There is a range to the eclectic style and you may be surprised to discover that your home can still look modern and anchored with finds from various sources.
TO THE RIGHT | Here's a picture that shows a lot of colorful expression. It displays a more eclectic look. but still incorporates anchor colors to pull everything together. The anchor color for this room is pink. Though there are main pieces with various colors, the accents (like table ornaments and artwork) reinforce the anchor.
BELOW | 3 Examples of varying eclectic styles
UNEXPECTED FINDS ONLINE
You'll be surprised to find the great deals out there when you know where to look.
Using auction sites are also a good way to find a deal on items for your home. A site like Goodwill Online not only sells used items, but sells New with Tag items for the home as well. Most items are in very good condition and can be used for resale.
When Shopping on a site like Goodwill
Pay attention to descriptions when bidding in Goodwill auctions. Items are sold as-is and there are no returns.
Most items have very good descriptions and you can gauge the condition (for the most part) by descriptions and pictures.
Be sure to read the description thoroughly to ensure the facility will deliver to you.
You can also filter to only pull items in a location near you for pick-up.
Try to order from the same facility and bundle your purchase. You'll save a lot on shipping and handling.
Here are some examples of the jewels found on Goodwill. Start bidding at ShopGoodwill.com
SET OF SILVER LAMPS
Bidding starts at $9.99
TIFFANY STYLE LIGHT FIXTURE
Bidding starts at $7.99
WINDOW VALANCE LOT
Bidding starts at $9.99
SCRATCH & DENT
You may be surprised to learn that you can find new scratch & dent furniture and appliances. These are furniture and appliance items that cannot be sold at full retail price because they are technically damaged, even though they are only "scratched or dented".
When shopping for furniture, ask about the scratch and dent department, stores don't advertise this section and you'd be surprised to find how much money you'll save.
Was $487 | Now $76
Was $1,899 | Now $664
TIMING IS KEY
According to "thespruce.com", furniture stores re-stock twice a year. The best times to buy furniture is January or July, right before the re-stock months (February and August).
Other sites also state that September is the best month to buy large appliances for your home.
MAKE IT OVER
Turn the old into the new. You can use paint, fabric and re-purposing to redesign your home without having to spend a lot on your custom look.
A change of upholstery or updating door handles are also good ways to change the look of your decor. Re-upholstering takes time and a lot of detail, so this may not be an option for you, but there may be businesses in your area that can do the job for you.
The art of re-purposing for your home is not just about upholstery and screwing things together, it's also about taking and old shirt and turning it into a pillow cover. Or, turning an armoire into an entertainment center. If you can imagine it, there's a way to create it. Click here to get more reinvented inspiration.
Price comparisons are essential when searching for items you need for the home. This process requires a lot of online research or footwork, this takes time and can even make the decision making process a difficult one.
"Furniture.com" is a site that does the footwork for you. They offer direct links to over 10K Products from various retailers in many styles.
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