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Millennial Money: Furnish your new place on a budget

If you’re settling into a new home, you might be looking to fill it with furniture

By DALIA RAMIREZ of NerdWallet
Published - Sep 20, 2022, 07:04 AM ET
Last Updated - Jun 24, 2023, 08:57 AM EDT

Moving season is almost over. But if you’re one of the many people settling into a new home right now, you might feel like the furniture-buying season is just getting started. And that can get expensive.

After paying rent, a security deposit or mortgage down payment — plus all the costs associated with moving — furniture can come as an afterthought, leaving a less-than-ideal budget for the items that make your new place feel like home.

Even with lower-cost items from budget-friendly retailers like Amazon and Target, furnishing an entire space gets costly. And if you want higher-end items, a premium couch or bedroom set alone can run you several thousand dollars.

To save on furniture, try turning to your community and peer-to-peer resale platforms to find quality secondhand pieces, and also spacing out your purchases strategically.

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