I was thinking the other day about how old some of my furniture and other belongings are. One of the consequences of being frugal is you tend to avoid purchasing new items and learn to make do with what you already have. In my case, it’s more like making do with what’s been given to me.
Walk around my house and approximately 75% has been given to us by family. Granted, you wouldn’t know that most of it is 18+ years old. The hand-me-downs were well cared for allowing us the luxury of quality furniture at no cost.
The first big purchase Derrick and I made was a new mattress. I remember sleeping on my in-laws old mattress for years and how long we saved to purchase a BRAND NEW king size bed.
That was a big deal!
Years later we have purchased new master bedroom furniture, a couch, Monkey a big boy bed (his dresser was Derricks growing up) & LuLu’s bedroom set. That’s all the new furniture in my entire house after 12 years!
Do I want a house full of new, matching furniture? Yes. Do I want to spend our hard-earned money on it? No!
When you save and sacrifice to make a large purchase, it’s more difficult to actually spend the money. We started saving for a dining room table about 2 years ago. Even though we have saved up the cash, I still haven’t purchased a table. I just couldn’t find a table that was worth me shelling out the money.
About 6 months ago, my in-laws moved and we took their dining set. It’s not new (they purchased it used about 25 years ago) and I actually hate the style but it’s a table that cost me nothing. A nice white table cloth (from my mom) and you can’t even see all the old stains on the top
One day I plan to take a room at a time and redecorate. For now, I’m happy with my hand-me-down furniture.
For us, spending time as a family and splurging on the occasional adventure is more important than new stuff.
What are your splurges or what do you do without in an effort to save money?