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Stop bleeding money: How to take control of your home project budget.

Written by Sandra Fadayel

“I’m haemorrhaging cash”

If that’s how you feel when it comes to your home design project, you’re probably overwhelmed, short on time, and just hoping that throwing money at the problem will make it go away with as little pain as possible.

Let’s take a more strategic approach.

One of the biggest mistakes people make is underestimating how much things cost - and how quickly they add up. That’s just the basics, never mind any original artwork or those chunky textured cushions that would make your sofa look straight out of Architectural Digest. Another issue is misallocating the budget - underinvesting in the areas that truly matter while overspending on things that don’t.

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Where to invest, where to save

The key is understanding the strategic investments that provide long-term benefits are those that align with your values and lifestyle. Saving on smaller, easily replaceable items gives you flexibility to update your space over time.

So, ask yourself: Are you a kitchen aficionado? Do you want a bed fit for royalty with luxurious linens? Do you dream of a wow-factor living space for entertaining friends? High-ticket items like fixed materials, major furniture pieces, and artwork are worth investing in because they’ll be around for years.

It’s essential to connect your design vision with financial planning - looking at your home holistically instead of making scattered, impulse-driven decisions.

When we designed this beachfront home, our client had three clear priorities: the master bed, the rooftop lounge, and their toddlers’ room. So, we allocated their budget accordingly, ensuring they got the best quality where it mattered most.

The secret to a well-executed project isn’t just about how much you spend - it’s about knowing how to mix, match, and layer within your budget. Think of it like curating a wardrobe: invest in key pieces that elevate more budget-friendly finds.

But I don’t need a budget - I’ll just buy what I like!

You might think budgeting is restrictive, but the truth is, it gives you more control. Without a plan, it’s easy to splurge on impulse buys that don’t work together, leaving you frustrated and overspending on things that don’t add value. Like a good health and fitness plan, a well-planned budget actually frees you to make confident, intentional choices.

Plan to spend smart

Nothing feels worse than watching money disappear without knowing where it’s going. Here’s how to get clarity and control over your budget:

  1. Identify your core values - what matters most in how you live and use your space.
  2. Pin down furniture brands you like. Add items for a sample room to a shopping cart to get a rough estimate of costs. Don’t forget things like curtains, linens, and installation fees - they add up fast!

The Bottom Line

Strategic spending lets you create a home you love - without the financial headaches.

Need some help with your home design project? Give us a call - use the link to book it in.

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