Furnishing a bare unit can be one of the most exciting things to do for new condominium owners. However, there can also be some challenges along the way if the kind of furniture you initially wanted does not match your budget or space.
As in anything, flexibility and patience are key virtues for your condo-furnishing process to go as smoothly as possible.
Here are a few tips to start turning your condo into a home without putting too much strain on your financial situation.
1. Stick to a budget
The first thing you have to accomplish is to determine the amount of money you’re willing to spend to furnish your room. Get estimates online or visit different shops to see the price range of the items that you need. Setting a budget is important because spending too much on furniture without planning might be too much to bear especially now that you have monthly payments to take care of.
2. Mix it up
After you prepare a budget, it’s also a good idea to decide how much you can pay for in cash or in installments through your credit card. Some people make the mistake of charging everything on their credit cards, without realizing that these different installments can add up and hurt your pocket in the months to come.
Pick and choose what you can pay for in cash. Some stores offer really good discounts for cash payments so take advantage of that. Also, call your bank and ask if they have special partnerships with certain stores because a 36-month term on big appliances can definitely help you have enough cash to go around in the short term.
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It’s important to accept the fact that you won’t get everything done quickly. Furnishing your condo is a process and you need to condition yourself to enjoy adding pieces to your unit. After you’ve decided on how much cash you can spend now and how much of your monthly salary you can set aside for your furniture, you have to pin down which items you cannot live without.
Some people are okay without a refrigerator as they don’t prepare food at home. Some are okay without having a TV because they mostly watch on their laptops.
A bed and an electric fan should be considered as the bare minimum, but you can list down appliances and furniture then decide if you need it now or if you’re okay without it first.
4. Measure! Measure! Measure!
Living in a condo means that you’ll have to deal with limitations in space and that is why you cannot make mistakes with the size of your furniture. You may really want to have a sectional sofa in your living room but you need to see first if you have enough space for it. And when it comes to space, you need to measure it before you even start buying. Shop with the measurements in mind so you won’t have to return or worse, discard items that you bought already.
5. Think long term
It’s okay to look for less expensive options when furnishing your condo, but you also need to consider that you want to get your money’s worth if you end up using these items for years.
It’s okay to buy second-hand items such as cabinets, tables, or chairs but try to avoid used TVs, and definitely say no to used couches and beds because these items are much harder to clean. Also, stay away from seasonal items such as big Christmas or holiday decorations, because storing them would be troublesome in a condo.
6. Put your walking shoes on
The best way to find deals is to travel far and wide for the inexpensive options. If you go to a mall, chances are you’ll be paying a lot more compared to a furniture warehouse. You might get at least 20% less for items that are just a little older than what’s still on display at the mall. After you get your essentials, it’s also a good idea to wait for warehouse sales for even better deals.
HOMEPOSSIBLE is where Pursuit of Passion all started. Originally a series of events by Avida, it encourages and educates the target market to take steps toward an independent life and gives them the tools for an easy home purchase. Through the HOMEPOSSIBLE series, Avida has helped Filipinos to be better informed on how they can maximize life opportunities; inspiring and empowering them to reach their life goals, which includes owning and investing in a home.