There’s a belief that in order to keep your home stylish and modern, you need to have a lot of money. This is far from the truth. There are many ways you can update your home without spending a fortune. Here are a few handy tips.

 

1. Repurpose the furniture you already own

Are you bored of that dresser set that you inherited from your mom? Has that entertainment center you got in the ‘90s seen better days? Believe it or not, you can transform your worn out furniture so that they look (practically) new! Consider re-upholstering old furniture or use slip covers to update its look each season. For wood furniture, you can always refinish the wood and paint it a different color; you won’t even recognize your old hand-me-down décor.
Repurpose the furniture you already own

2. Redesign your furniture layout

Here’s a free option that won’t affect your budget at all. Your space can look dramatically different just by moving your furniture around. Find a new focal point—like a fire place, accent wall or large window and rearrange your furniture to complement it.
Redesign your furniture layout

3. Give your room an accent wall

Paint is one of the most affordable ways to decorate. Find a bold color that works well with your furniture and then go ahead and make a statement!
Give your room an accent wall

4. Search online classifieds and go garage sale hunting

You don’t have to buy brand new to have a gorgeous home. You’ll notice that Craigslist and Kijiji can contain a treasure-trove of great home décor items for a lot less than retail.
Search online classifieds and go garage sale hunting

5. Install new cabinet pulls and handles

Don’t have the money to install new cabinetry in your kitchen or bathroom? Installing new fixtures is a low-cost way to give your space a new look. If you want a more pulled together aesthetic, you can match all your plumbing fixtures, lighting fixtures and door pulls with the same metal. This will nicely tie all the elements of your room together to create a designer look.
Install new cabinet pulls and handles

6. Brush up on your DIY skills

You can save a lot of money by doing home improvement projects yourself. Even if you’re not the handiest of individuals, you can get a lot of great advice from the experts at your local hardware store. Most home improvement retailers offer free workshops that provide lessons on a variety of home décor projects. YouTube is also a valuable resource to give you a free step-by-step guide through your DIY adventures.
Brush up on your DIY skills

7. Show off your family’s artwork

Shadow boxes are a great way to display your kid’s artwork, academic achievements, and sports medals/awards. Instead of throwing them in a draw, choose ones with lots of color and display them on a contrasting color wall. Showing off these memories may be a cheap decorating option, but they will hold priceless value to your family.Show off your family’s artwork

 

8. Install laminate flooring instead of wood

Today’s laminate flooring is nothing like the kind your parents used. Laminate is now being manufactured in a more realistic look, so if hardwood is too much for your budget to handle, you should strongly consider an adhesive alternative. Visit a flooring or home improvement store to learn about the different varieties of laminate and learn how you can get a warm, rustic look at a fraction of the cost.
Install laminate flooring instead of wood

9. Update your lighting

Lamps and other types of lighting can be a defining part of any room. By installing a new lampshade, you can easily give a boring old lamp a new look. You can even make your own lampshade by purchasing DIY lampshade kits online or at a craft and hobby store, which will allow you to customize your shade to match your room’s color palette.
Update your lighting

10. Prioritize your home décor needs

When saving money for home renovations, the idea of budgeting can be intimidating because every room seems like it needs something changed. One of the best strategies is to separate your home decorating needs from your wants. This will help you to focus on the areas you actually use first and will prevent you from renovating underutilized areas that you don’t really need to spend money on.Prioritize your home décor needs