I believe that every room should have a statement piece. For me that was the West Elm Hamilton Couch in my living room. But how could I have this $2500 and remain debt free. See! I’m okay with debt only if you have a plan. So I made a plan and made it work. First things first:
- I SAVED!!! I had an envelope put aside just for extra cash I made from selling my kids used clothes, and any other goodies around the house.
- I SOLD! I was able to sell my old couch for $400, which helped offset the cost of this couch.
- I BARGAIN SHOPPED! I waited until West Elm was having a sale, and then I was able to bargain for an additional percentage off, by opening up a West Elm credit card.
- I USED CREDIT WISELY! So after doing all of the above I had saved a total of $1000. I knew I wanted this couch and since their sales aren’t frequent I jumped on the sale and financed the rest at 0% interest. I believe I paid just under $2000 for the couch. I paid $1000 cash and financed around another $1000. I then planned for 10 payments of $100, and had the couch paid off before I got all the accrued interest. (Thanks to living a debt free life that payment didn’t hurt too much).
Now, as far as the rest of the living room….Well, that’s Ikea mixed with a little flea market and Amazon shopping. I must also say that if I had found this couch on craigslist at any time, I would’ve jumped at the chance to buy it used. So although I have a beautiful quality statement piece, I also bargain shopped around it to create a beautiful room.