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I’m intrigued by the magazine articles that specify how to get a designer look on a budget. But there is a fallacy with these articles and I’ll tell you why.
Main topic; HI versus LOW
The premise is that a designer spent $40,000.00 designing this room, and you can get an approximate look for $9,000.00. Think about it for a moment. Do you think $9,000.00 on furnishings and decoration for one room is an affordable price? Who are they writing for? The budget room is usually HIGH priced too.
The article continues by explaining that the couch in the HI priced designer room cost $20,000.00 and the low priced copy is only $4,5000.00.
$4,500.00 is a lot of money for a couch!
Is that really the lowest price for a comparable sofa? No way! There are high quality sofas for $1,000.00 or less.
Yet, if you believe the Hi versus Low, then you will get on the bandwagon that trumpets $4,500.00 as a bargain couch and $9,000.00 as a low priced room.
This is a lie!
$9,000.00 is a lot of money for most folks to spend decorating one room!
The Takeaway; What is Your Perception?
There is a psychological premise called “anchoring“. Your mind latches on to the first price as an anchor, then the subsequent price is compared with the initial one, and if it’s lower, it seems like a bargain.
Perception is everything.
What if I came up to you and said I could redo your room for $9,000.00. Would you immediately think, “Wow, what a bargain?” I don’t think so. You’d probably think it’s a bit pricey, especially if you’ve ever shopped at Ikea!
In fact, I doubt if you would hire a decorator for that price quote!
Here’s what I would spend decorating that room from scratch (and I am no professional decorator);
2 Stools: $100.00
Window treatment: $100.00 (I’d skip the valence, because I don’t like it)
Art: $200.00 (buy the frames on sale with precut mats included and blow up some photographs)
Coffee table (acrylic tables): $150.00
$40,000.00 versus $2,350.00 now that’s more like a true HI versus LOW room. And if I reallly tried, I’m sure I could get the price down even lower.
DO NOT LET ADVERTISERS, MARKETERS or, MERCHANDISERS SET YOUR PRIORITIES
Don’t kill yourself trying to have the latest and greatest.
You can look awesome in a sale outfit for under $50.00. You can decorate a room beautifully with thrift store finds and bargains from TJMaxx.
You can live an awesome life without spending a fortune.
Drive an old car and put the money you save on payments in an investment account.
Be aware of your income, your savings and your spending. You can live great on your own terms! Don’t let others dictate what you “need or want.”
image credit; bluestvenus