Congratulations on recently getting married! This is such an exciting time for you and your significant other. It’s the time when you’ll be starting your new life with new opportunities, new goals, and maybe even a new bedroom! According to a Houzz survey, 60% of people said they are planning on remodeling their master bathroom, and a new newlywed master suite is at the top of many home improvement to-do lists.

Have you always wanted to remodel your bedroom? Now is the perfect time to do so! You may be thinking that you can’t afford to do anything since you just got married, and that’s completely understandable. However, there are actually things you can do to save money while achieving your dream bedroom.

Here are some simple ways to get your dream master bedroom without blowing up your finances in the process.

Do It Yourself

One of the easiest things you can do to save money? Doing all of the home projects yourself. For small-scale bedroom remodels, creating your own wall art or headboard can help you save a lot of money. You can add vases, DIY throw pillows, and you can even create your own throw blanket. Plus, by making your own decor and furniture, you’re able to fully customize it however you want.

Use Wall-Mounted Lighting Options

Before putting a hole in your wall or ceiling to install lighting, consider just attaching the lights to your wall with the help of a wall mount. Wall-mounted lights tend to deliver more wattage, ultimately giving you more light. With this extra light, you’re eliminating the need for extra lighting throughout the room. This, in turn, will save you a lot of money and allow you to have a more modern look in your room.

Do the Cleaning Yourself

If you’re working with a contractor to do any of the work for your bedroom, you may notice that they charge you for labor in terms of cleaning up after they’re done. Instead, see if you can handle the cleanup yourself, whether that be sweeping, mopping, vacuuming, or removing paint tape from the wall. By doing this, you’re saving your contractor time for doing other projects and you’re saving yourself a few extra dollars. Of course, just make sure you know how to dispose of any construction debris without breaking any local regulations.

Figure Out What You Want From the Start

In order to avoid any future headaches, make sure you have a solid plan from the very beginning. If you don’t go into this process with a solid plan, it’s easy for a small project to turn into something much larger. Don’t simply rely on a contractor’s estimate; tell them exactly what you want and how much you have to spend. When the estimate does exceed your budget, this clear plan will allow you to prioritize the changes that are most important to you.

By taking the steps to do your own work, clean up after the work is completed, and by using wall-mounted lighting, you will be able to save some money while creating your dream space. Take a look at your budget and see how much you want to spend. A little planning will go a long way with a project like this.

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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