Whether you have just bought your first home, or you have been living in there for a while, one thing that many homeowners all agree with is the need to save money when it comes to decorating their homes.

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It’s easy to get carried away and just pay for everything on your credit card, for example, but the problem is you have to pay all of that credit back, and sometimes along with high rates of interest!

So if you are planning on doing some home decorating, do it the right way and save money at the same time! Here’s how:

Set yourself a budget

The first thing to do is set yourself a total project budget. Many people are happy just to spend “whatever is needed”, but many of those folks end up being broke because they overspent any spare money they had that month!

So make sure that you avoid such situations by allocating a fixed amount of money to your home decorating project and sticking to that budget.

Use free resources

Free is good, because it means that you don’t have to spend any money! If you are stuck for ideas on what to do on certain elements of your home decorating projects, use free resources such as the Internet, TV programs, and even free magazines.

Start with the entrance to your home

If you are planning on redecorating your entire home, the best place to start with is the doorway and entrance in your home. This is one of the most used parts of any home and is subject to a lot of wear.

Because space is usually at a premium at these parts of a home (unless you live in a mansion!), you should maximize the space that you can work with here. Keep furniture to a minimum, and consider fitting a mirror to reflect your awesome decor!

Reuse your existing furniture

Many people chuck away their existing furniture not because they don’t appeal to their tastes and styles, but because they become worn or faulty in some way. But here’s a secret: instead of throwing your furniture out, get it fixed instead!

So if your couch is feeling a bit flat and worn, get it reupholstered. Does your dining room table look like it’s seen better days? Get it refurbished! Not only do you add a new lease of life to your existing furniture, but you could be saving up to several thousand dollars in some cases!

Selling up? Stick with neutral colors!

It’s a well-known fact that paint colors other than white can be quite expensive. Mortgage brokers in Virginia recommend painting your walls white, as this color is the cheapest to buy, and it has the added benefit of making small rooms appear big – which is an advantage when it comes to selling your home, should you wish to move elsewhere.

Use energy-saving bulbs

Although this isn’t so much a decorating tip, did you know that certain styles of light bulb are also available as energy-saving bulbs? So you could still have attractive light bulbs and save money on your electricity bills at the same time!