Design on a Budget Part 2: Creating a Budget

Everybody deserves a home that they love and feel great in. Afterall, confidence begins at home!™ Great design, and feeling great about it, isn’t a matter of budget…it’s a matter of style! You can make your style work on any budget. My four-part Design Insider series “Design on a Budget” will help you define your style, make a budget, put the plan into action and tying it all together with the finishing touches! The goal? Create a home that you love on any budget.

 

Design on a Budget, Part 2: Creating a Budget?

Budget? What’s a Budget?
Last week’s Part 1 of Design on a Budget focused on self-reflection and the search to find your tastes and personal style.  Once that is established, it is time to move on to the technical…the budget!

Step-by-step: Creating Your Budget

  • The first question you have to answer is how much you do want to spend?  You can have a beautiful home that you love without breaking the bank, so be honest!
  • Now, draw a floor plan! You don’t have to be an artist, just make a rough sketch of the room or rooms you want to design or spruce up.

 

centex-oak-floor1

  • What do you want to change? What do you need? Write a list of everything you want!  Go room by room and leave NOTHING out!
  • Now the hard part, estimate each and every item, regardless of how small and inexpensive it may be (especially small items…they add up!).

 

Numbers And Finance
image courtesy of www.AssistedSeniorLiving.Net

 

  • As tempting as it may be, don’t try to cut corners! Make sure all of your estimates are REAL.
  • Total every item on the list and make sure that it fits your budget.
  • Take a drink and RELAX! Everything doesn’t have to be done at the same time-PRIORITIZE!

 

Design takes time. Once you get through the more technical it is time for the fun…shopping!  Next week, part three of Design on a Budget is all about how and where to start shopping to create the home of your dreams!