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Basic Budget Questions
There are several basic budget questions you need to ask yourself before making any decisions on the budget.
- Do you own or rent your home?
If you rent you will probably not want to spend enormous amounts of your hard earned money on someone else’s home. You can certainly splash out on any items that you will be able to move with you when you move. These are far wiser investments.
- What is the value of your home?
You will most likely recover at least two-thirds the cost of any upgrades on your home when you sell it. Items like thermal windows, new doors, kitchen cabinets and appliances add value and style to your home.
- Will the improvements on your home price it out of the neighborhood?
Your home should compare favorably with other items in the neighborhood. You can always ask your local realtor whether any improvements you are considering on your home are advisable and good investments.
- Will you decorate your self or will you get some professionals to do the job?
Don’t plan on decorating yourself unless you have either done it before or are trained in decorating. You may spend considerably more if you have to get the pros in to clean up something that went wrong. Decorators can help you make decisions on the best choices for a room however they should not be making the final decision, you and your family should. After all it’s your home.
- Are you decorating for resale?
If you are decorating your home so you can sell it stick to neutral colors and don’t be so intent on trying to stamp your personal style on the home.
The Next Step is To Write Everything Down
Give the project a name.
Write down the budget amount.
List all the work of jobs that need to be done.
Prioritize the tasks that need to be completed
Review the priorities that need to be completed
Put some timing around each task. You can even put start and finish dates beside the tasks.
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