What's the best way to furnish a house I have nothing but air mattress

[bad.credit]

New home, no furniture , what is the best way to furnish on credit

[stroked89coupe]

On a very short budget?

 

 

Ikea

Edited March 28, 2013 by stroked89coupe

[bad.credit]

On a very short budget?

Ikea

Short on credit, need to app after house closes. Like good department store 0% financing Edited March 28, 2013 by bad.credit

[saladdin69]

Craigslist.

 

This is my personal holding but financing furnitiure is a sign of poor finances and bad decisions. I don't care if it's 0%. It's a very bad sign.People are more apt to buy more expensive things thinking they are getting a deal at 0%. It's no different then a Rent-A-Center.

[bad.credit]

Craigslist.

 

This is my personal holding but financing furnitiure is a sign of poor finances and bad decisions. I don't care if it's 0%. It's a very bad sign.People are more apt to buy more expensive things thinking they are getting a deal at 0%. It's no different then a Rent-A-Center.

I make $175,000 (increased from $125,000) a year purchased a home with a $1500 mortgage, drive an old BMW paid for....

I sleep on an air mattress. If this is poor management then I like to know were I messed up... Besides defaulting on student loans 6.5 years ago while a surgical resident

Edited March 29, 2013 by bad.credit

[BRBiz]

 

Craigslist.

 

This is my personal holding but financing furnitiure is a sign of poor finances and bad decisions. I don't care if it's 0%. It's a very bad sign.People are more apt to buy more expensive things thinking they are getting a deal at 0%. It's no different then a Rent-A-Center.

I make $175,000 (increased from $125,000) a year purchased a home with a $1500 mortgage, drive an old BMW paid for....

I sleep on an air mattress. If this is poor management then I like to know were I messed up... Besides defaulting on student loans 6.5 years ago while a surgical resident

$175k a year but can't buy furnature for house?? I'm confused!

[TJ Girl]

 

Craigslist.

 

This is my personal holding but financing furnitiure is a sign of poor finances and bad decisions. I don't care if it's 0%. It's a very bad sign.People are more apt to buy more expensive things thinking they are getting a deal at 0%. It's no different then a Rent-A-Center.

I make $175,000 (increased from $125,000) a year purchased a home with a $1500 mortgage, drive an old BMW paid for....

I sleep on an air mattress. If this is poor management then I like to know were I messed up... Besides defaulting on student loans 6.5 years ago while a surgical resident

 

In that case, the best way to furnish your house is to save for a month and buy with cash.

If your income is that high and your bills that low, you should be able to get quite a lot of nice furniture on just one month of savings.

[BRBiz]

 

 

 

Craigslist.

 

This is my personal holding but financing furnitiure is a sign of poor finances and bad decisions. I don't care if it's 0%. It's a very bad sign.People are more apt to buy more expensive things thinking they are getting a deal at 0%. It's no different then a Rent-A-Center.

 

I make $175,000 (increased from $125,000) a year purchased a home with a $1500 mortgage, drive an old BMW paid for....

I sleep on an air mattress. If this is poor management then I like to know were I messed up... Besides defaulting on student loans 6.5 years ago while a surgical resident

In that case, the best way to furnish your house is to save for a month and buy with cash.

If your income is that high and your bills that low, you should be able to get quite a lot of nice furniture on just one month of savings.

That's what I'm saying! I think OP is pulling our leg on this one.

[bad.credit]

 

 

 

 

Craigslist.

 

This is my personal holding but financing furnitiure is a sign of poor finances and bad decisions. I don't care if it's 0%. It's a very bad sign.People are more apt to buy more expensive things thinking they are getting a deal at 0%. It's no different then a Rent-A-Center.

I make $175,000 (increased from $125,000) a year purchased a home with a $1500 mortgage, drive an old BMW paid for....

I sleep on an air mattress. If this is poor management then I like to know were I messed up... Besides defaulting on student loans 6.5 years ago while a surgical resident

In that case, the best way to furnish your house is to save for a month and buy with cash.

If your income is that high and your bills that low, you should be able to get quite a lot of nice furniture on just one month of savings.

That's what I'm saying! I think OP is pulling our leg on this one.

It's called student loan debt, approaching $462,000. 6 years of undergraduate and 4 years of medical school combined with 6 years in residency will do that. Frankly I don't care what you think.

Topic is posted in money management, since I live way below my means and save all my money.... I was asking if it was wise to finance to build More credit or pay cash, which I have done for my last 5 cars.

[hegemony]

175k in some places is not rich. judging someone who is asking a real world problem is not helpful.

 

 

my advice on furniture is to not use a financial services company to finance anything. I would also avoid large box retailers like Ashley. I would buy slowly but steadily. Budget a certain amount each month and if possible use a card with cash back. West Elm, for example, has a card with 10% back to be used for future purchases. Use such a card and PIF each month. Over a year's time you will be surprised how your house fills up. This type of strategy allows you to focus on quality and not finance a purchase that is worth 50% less than you paid the say you buy it.

[bad.credit]

175k in some places is not rich. judging someone who is asking a real world problem is not helpful.

 

 

my advice on furniture is to not use a financial services company to finance anything. I would also avoid large box retailers like Ashley. I would buy slowly but steadily. Budget a certain amount each month and if possible use a card with cash back. West Elm, for example, has a card with 10% back to be used for future purchases. Use such a card and PIF each month. Over a year's time you will be surprised how your house fills up. This type of strategy allows you to focus on quality and not finance a purchase that is worth 50% less than you paid the say you buy it.

Thank you, that is the type of advise I was looking for. I have no problem doing this slow. I was shell shocked when I looked at my cart from Restoration Hardware cart and it was over $20,000. Edited March 29, 2013 by bad.credit

[glitterqueen]

I'm very frugal so here's what I'd suggest:

Estate Sales

Yard Sales

Flea Markets

Craigslist

FreeCycle.com

 

Hope that helps!

[stroked89coupe]

Lets try to answer the op's original question and not try to pick apart their financial picture. You know who you are.

Edited March 30, 2013 by stroked89coupe

[RedHairedLady]

I would be careful about buying used "soft" furnishings, however. Given the outbreak of bedbugs in many cities, if you buy something like a used couch, you can't be certain that the item is not infested with bedbugs.

Edited March 30, 2013 by RedHairedLady

[TripSix]

175k in some places is not rich. judging someone who is asking a real world problem is not helpful.

 

 

my advice on furniture is to not use a financial services company to finance anything. I would also avoid large box retailers like Ashley. I would buy slowly but steadily. Budget a certain amount each month and if possible use a card with cash back. West Elm, for example, has a card with 10% back to be used for future purchases. Use such a card and PIF each month. Over a year's time you will be surprised how your house fills up. This type of strategy allows you to focus on quality and not finance a purchase that is worth 50% less than you paid the say you buy it.

Thank you, that is the type of advise I was looking for. I have no problem doing this slow. I was shell shocked when I looked at my cart from Restoration Hardware cart and it was over $20,000.

If you're going to shop at RH, prepare yourself for the continual shell shock

 

That aside, we did the RH route as well. We saved up the cash to do one complete room (furniture and accents)at a time. It was normally 45-60 days per room, with the exception of our family room which took a bit longer. We made a list of the order we wanted the rooms done, and when we had the cash saved - we put the purchase on our best rewards card then PIF.

 

It was a long process, yes - but we did it with no debt. And...recently got back from a 5 day mini-vacation where our airfare and lodging was paid in rewards

[CTSoxFan]

I was in the same boat about 6 months ago. I try to remember Rome wasn't built in a day. Take it slow and steady. Start with the basic pieces, but get decent stuff that you can grow with (meaning good quality and stuff that is easily to match). Think about what you need and what gets the most use. I would start with a good bed. Can't emphasize enough the importance of being able to get a good nights sleep (and I am sure your patients will feel the same ) Next move to other basics like a kitchen table and a sofa.

 

I would avoid lower quality places like Ikea and Ashley, but that is just me.

 

As far as financing goes, you have a couple of options. There are usually store financing deals that give you 0% over a period of time, otherwise you can go for a card like the Chase Slate that is 15 months no interest, and no BT fee. So charge it on a rewards card, then BT to the Slate to give you time to pay it off.

[jv01]

Get a pickup truck or van (rent one, borrow a friend's, whatever) and hang around large apartment complexes at the end of the month. You can usually find abandoned furniture just laying there, or ask people you see moving. Offer to help move or pose as a neighbor if necessary. This works especially well near colleges around commencement.

 

With the exception of true antiques, the value of used furniture is effectively zero, with the major "cost" being that of getting it into your house.

[calichick]

I'm very frugal so here's what I'd suggest:

Estate Sales

Yard Sales

Flea Markets

Craigslist

FreeCycle.com

 

Hope that helps!

 

+ 1

 

Cheaper that way

[BRBiz]

 

 

 

 

 

Craigslist.

 

This is my personal holding but financing furnitiure is a sign of poor finances and bad decisions. I don't care if it's 0%. It's a very bad sign.People are more apt to buy more expensive things thinking they are getting a deal at 0%. It's no different then a Rent-A-Center.

I make $175,000 (increased from $125,000) a year purchased a home with a $1500 mortgage, drive an old BMW paid for....

I sleep on an air mattress. If this is poor management then I like to know were I messed up... Besides defaulting on student loans 6.5 years ago while a surgical resident

In that case, the best way to furnish your house is to save for a month and buy with cash.

If your income is that high and your bills that low, you should be able to get quite a lot of nice furniture on just one month of savings.

That's what I'm saying! I think OP is pulling our leg on this one.

It's called student loan debt, approaching $462,000. 6 years of undergraduate and 4 years of medical school combined with 6 years in residency will do that. Frankly I don't care what you think.

Topic is posted in money management, since I live way below my means and save all my money.... I was asking if it was wise to finance to build More credit or pay cash, which I have done for my last 5 cars.

Just saying I was little confused with your income and you saying you live below your means. Often that means you have a pile of cash under your mattress since your not wasting. That's all no offense intended..

 

As other have said take it slow do a room at a time. Or put some things on layaway and pay it off over time. Not sure where you live but in the Northeast here we have 3 good discount furniture stores with pretty good quality items. But it depends what test are going from nothing to Restoration Hardware type items is a big jump considering those are luxury items.

[biast]

I'm in this same situation as well. My student loan debt is only 20k and I am debt free otherwise. My income is also in the six figures. What I have been doing is making my own furniture. It's fun, less expensive, you have pride in ownership of something youve created and so far 8 times out of 10 it looks better then what you would pay for.

 

Google DIY Dining Room Tables, DIY Nightstands, DIY Coffee Table etc.

[BRBiz]

I'm in this same situation as well. My student loan debt is only 20k and I am debt free otherwise. My income is also in the six figures. What I have been doing is making my own furniture. It's fun, less expensive, you have pride in ownership of something youve created and so far 8 times out of 10 it looks better then what you would pay for.

 

Google DIY Dining Room Tables, DIY Nightstands, DIY Coffee Table etc.

Maybe you can get a side business going!

[mamamic]

If you are a DIY'er, check out ana-white.com - lots of great plans and resources.

[catsoc]

I spent around 30k furnishing a 2 bedroom apartment from Ethan Allen and Room and Board. From that experience, I would strongly advise craigslist outside of things like mattresses. This is assuming you are in a major market like L.A. or Orange County. There is some beautiful furniture that people have to sell for like 15% of the cost such as I had to do when I moved out. Frankly I don't think it's worth building credit by buying furniture with credit. Mattresses, sofa sets, and electronics are the things to buy on credit either through store 0% financing or as was stated earlier taking advantage of credit card rewards. If you don't want used and still want pretty good quality while living under your means, I'd suggest looking at Costco and use an Amex cause you can fill out a house reasonably well through their online catalogue/coupons/cash back. WIsh that I had just done that instead.

[baysail2]

I second craigslist, it's amazing what you can get on there for next to nothing.. certain things like Furniture don't hold value very well at all, unless you are talking antiques.

[Jnavarro]

I would suggest buying a bed NEW and everything else off of craigslist.