We all have delusions of grandeur when it comes to decorating our homes. Of course, we would love a Manhattan duplex à la Nate Berkus, with 18th-century antiques mixed with carefully selected modern collectibles and a sprawling dressing room. In reality, we're decorating our rental studio on a budget that no self-respecting decorator would get out of bed for. But what we do have is one trick that never fails us, season after season, as we slowly build our homes to reflect our current tastes and our latest trend crushes, and we borrowed it from fashion stylists.
Just like a good wardrobe, a home should never be decorated with a one and done approach. We truly believe that a good design is never finished—and the best homes are decorated over time. So just as you would set a budget for your fall wardrobe, we recommend setting a budget seasonally that will go toward refreshing your home. Most importantly, there is one foolproof rule we follow without fail: the 80/20 rule. Once you set a budget every season, 80% of it should go toward timeless, long-lasting pieces that will fill gaps in your home, while the remaining 20% should be spent on fun, trendy pieces that will make your home feel fresh and new.
This way, whether you have a $500 or $5000 budget, you know that you are making smart purchases but still refreshing for the season. Ready to take your home to a whole new level? This is how we would decorate on a $5000 budget.
80% on Timeless, Long-Lasting Pieces
When looking for long-lasting pieces, think of larger furniture, gaps in your décor, and items you might want to keep for a long time. This could include anything from a sofa to additional storage, a quality rug, or luxe bedding.
When picking a sofa, pick a shape and color you'll love for years, and don't forget to measure thrice!
For a coffee table, you'll want to make sure it's proportionate to your sofa and that it can hold all of your essentials—coffee table books, remotes, and such.
Need to fill an awkward corner? Try a statement lounge chair paired with a side table and floor lamp, and carve yourself a relaxing reading nook.
We spend one-third of our lives in bed, so investing in quality bedding is a little luxury that shouldn't be skimped on.
Is your stuff spilling out everywhere? Consider a storage piece like a bedside table, bookcase, or credenza.
Well-made rugs last a lifetime, while their budget alternatives often pill and disintegrate quickly. Buy a vintage rug that has been around for decades, and you'll know it will last another few.
Total spent on your 80%: $4002
20% on Fun, Trendy Accents
With trendy pieces, take risks. Get those mustard-colored salt and pepper shakers you've been eyeing, treat yourself to indulgent hand soap, buy a bold side table you love, or refresh with pillows and throws. Buying smaller pieces you truly love will infuse your house with personality and help it grow into a home that reflects your taste.
Kitchen essentials—especially ones that are often displayed—are a fun way to update your décor. Treat yourself to new salt and pepper shakers, fresh dish towels, or a kettle you can leave out on the stove.
Everyone needs vases—you never know when you can expect flowers! And if you buy one that stands pretty on its own, you won't even need flowers.
Side tables are another fun way to refresh your home—and it doesn't have to cost much! This $30 table is pretty and practical.
It's hard to imagine the joy of washing your hands every day with the best-smelling soap out there. But once you have, you'll never go back.
Get your hands on the latest best-selling décor book, and you'll get a ton of inspiration to keep editing your home—and you get a pretty coffee table accent on top of it.
Pick up a new scent every season and you'll always associate the scent with a particular memory from that time in your life.
Nothing feels more indulgent than buying a luxe throw to wrap yourself in when temperatures drop.
Sometimes, all you need is a basket or two to tackle clutter once and for all. Identify your storage needs and get organized.
Swap a lamp or add a lamp. Your home could never be too illuminated—just remember to use dimmers!
A pillow refresh can make a huge difference in making your home feel new again. Get a quality piece; you can easily move it around, store it away, or sell it the following season.
Total spent on your 20%: $991