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Reply to "Help me with not “keeping up with the Jones’”"
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[quote=Anonymous]OP I have almost the exact same stats as you, down to the age of kids (39/41 couple, 5 and 7 yo kids, 245hhi, 3000 PITI, 75K in cash..). I just budget the furniture, I also save ~4K a month and I make a plan for the year between the travel/extras/ renovations/ new furniture etc.. Once I have decided how much I am willing to spend on furniture during the year I pick my battles. - Kids only get IKEA (I actually really like IKEA), - I have both a west elm and an ikea couch: for a leather couch ikea was not good enough, but the ikea white linen couch was comfortable and the similar PB/RH or CB was 5 times more. Couldn’t justify it. - I did one big splurge at restoration hardware (a 900$ coffee table, a side table, a dinner table and a few other things..). I spent 5k total when I could get a 30% on furniture. I looked at a couch there but couldn’t justify the difference in price with the ikea and west elm couches. - I love the anthropology catalog but couldn’t justify the prices, the quality seems terrible TLDR: I mix and match. I always buy the expensive furniture on sale (they have so many sales it makes no sense to rush). I find that for some items it makes no sense to buy the non Ikea version that costs a fortune (the couch in the guest room or TV room, the bookshelves, the kid furniture, the cotton drapes in secondary rooms ..), and for others it does : for some accent pieces (coffee and side tables, lamps), for pieces where the material matters (real wood, real leather, real linen etc..). I have a smallish home and I’d rather buy one good piece I love and wait for more. [/quote]
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