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Why I Furnished My Bedroom With Used Stuff

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I have been out of debt for about a month, my bank account is growing rapidly, and I could head out and pay cash for a brand new $2,000 bedroom set if I wanted….but I didn’t. “Why not?” you might ask, “You have the cash for it!” It’s true – it’s not like I’m heading out and financing my entire bedroom purchase. I have the cash, but with every purchase there are opportunity costs. If I spent $2,000 on my bedroom furniture, that’s means that I wouldn’t be able to spend that $2,000 on something else I might have wanted/needed. After much deliberation, here are all of my reasons for buying used furniture for my bedroom. You might agree with them and you might not, but either way, be sure to leave your comments below.

1) When I’m in This Room, My Eyes are Closed…

How many hours a day do you spend in the bedroom? 8? Maybe 9? How many of these hours are you actually awake? Maybe 30 minutes a day. If I’m going to be in the bedroom for only 1/48th of the entire day, my spending is going to be fractionally proportional. In other words, why the heck would I want to spend thousands of dollars on a room that I’m never in? Nope, I’d rather make it look decent, but not sock all of my money into it.

2) A Beautiful Bedroom Suite is Not on My Goals List

I have goals to get the exterior of my house painted, redo my landscape, and pay off the mortgage. Having a fancy bedroom didn’t make the list. If I were to overspend on the bedroom furniture, that would mean that I would have to forgo some of my other goals. Frankly, I’d really rather not do that.

3) I Might Want to Change it Someday

It’s nice to redo the design in various rooms once in a while. When you buy things new and then decide to make a change a couple of years later, that can be really expensive! That $2,000 bedroom set can only be sold for $500 (if you’re lucky) a couple of years from now. But, if you buy your furniture cheap and used from the get-go, you’ll lose much less money and you’ll ultimately feel more relaxed about the redesign.

4) It’s the Exact Color I Wanted

When I purchased this house, I had the floors refinished to look extremely dark and glossy. I absolutely love the look, but it has been a challenge to find furniture that isn’t light or medium brown. Even black has been somewhat challenging to find. Since I didn’t want to spend $500 for a brand new bed (that price doesn’t include any of the nightstands or dressers). I browsed Craigslist for over a month to find something that had just the right color. Finally, I found a set that matched it perfectly.

5) It Was the Right Price and Looks Amazing

As I’ve been saying all along, a typical bedroom set would have cost me nearly $2,000, but there are some way better things I could do with $2,000. Heck, I think I’d rather take a vacation than spend two grand on bedroom furniture.

Most people that want to save money head to IKEA. The quality isn’t the best, but it is inexpensive and it looks fashionable. If you really want to find a deal, you’ll find someone that wants to sell you their used IKEA furniture. Yep, that’s what I did. This set came with a headboard, side rails, and a footboard, as well as two nightstands that roll in and out of the headboard (depending if you want them out or not). The regular retail price of this piece was $300. Tack on tax and travel and this would have cost me about $400 (assuming that someone that owned a truck would want to drive me 2.5 hours to pick it up anyway…). Instead, the used IKEA bed was only 1 year old and really had nothing wrong with it. The price tag? $150.

While I was on a roll, I decided to look for two lamps and an area rug. I went to a Hotel Furniture Outlet (they have tons of furniture that has been retired from local hotels) and found some nice lamps with brand new shades for $20 each. Then, I drove over to Big Lots (Lol. Yes, I love these high class stores) and found myself a 6’x9′ area rug for only $50! The entire bedroom is now furnished and it only cost me $240. 🙂

My $240 purchase. Not too shabby!

Money

AUTHOR Derek

My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.

24 Comments

  1. I think the difference with this is that you choose to find more positive reasons to buy used and accept it. You also have other goals in mind that or in line with not wasting money on things you don’t think are needed. Everyone is different but I am with you especially if you find what you want and are happy with the price. Your eyes are closed any way I like that one.

    • Hahaha. It’s true though isn’t it? When you head into your bedroom, it’s not because you’re going to go enjoy your furniture, it’s because you want to close your eyes! The furniture all looks the same in the dark.

  2. I would be wary about used furniture with the increase of bed bugs especially bedroom furniture.
    I do have pieces when I was renting that I got for cheap off of craigslist or free. However, after buying my own place, I have upgraded.

    • I have never once heard of anyone having problems with bedbugs here in Michigan. I’m sure it’s possible, but the only thing I bought was the frame and nightstands, not the mattress.

  3. Used furniture is great, especially if you can get it cheap and put a little love into refinishing it and making it look new again. Your low cost bedroom suite looks fantastic!

    Just stay away from those used mattresses online……shudder!!!

    • Lol. Yeah…. I think someone would have to pay me to “buy” a used mattress. That’s pretty gross.

  4. As long as you have a comfirtable bed , it doesnt really matters how does it look.
    After all, you are going to spend 1/3rd of your life in bedroom 🙂

    • As long as it’s comfortable, I’m good with it. Thanks for the comment Abhay!

  5. your room looks warm and cozy, and that’s all that matter since you’re just going to spend your sleeping hours in it. Just be a little cautious when buying used stuff.

    • Have you had bad experiences with used stuff? I’ve only had one, and that was with a PS3. I was able to get my money back on that, bought another used one and it’s still working perfectly!

  6. Wood furniture I would certainly buy used. Anything that might hold bedbugs or cooties, I would not unless I knew the person selling it really well!

    • I guess I never knew there could be such a problem with bedbugs. Well, I’m happy to report: no bites so far! 🙂

  7. I like your logic, why make the one bedroom you don’t spend a lot of awake time in the one you spend a lot of money on? It looks like quite a decent set anyway!

    • Exactly. It would have looked nice to buy brand new solid wood furniture, but the cost just wasn’t worth it for me. Now I hardly put a dent in my savings account and I’m to fix up the outside of my house. So happy with the decision I made! 🙂

  8. There’s one thing I don’t think I’d ever buy used, and that’s a mattress/boxspring. Unless of course it came from a close family member, or someone who kept their house spotless. My distaste for bedbugs or roaches and such would get to me.
    And after having moved several folks when I was younger, I definitely saw my share of that.

    My wife bought our current bedroom furniture for me when I lived in a single bedroom apartment by myself, for about $2,200. It’s all solid wood furniture: Dresser, Armoire (sp?), bed, and 2 end tables. But then again that was about 18 years ago, so it was definitely worth it in the long run. Especially since it’s been paid off for 16 years! 🙂

    Congrats Derek, looks like you got some decent furniture!

    • Haha. I don’t think I could buy a used mattress either. That’s crossing the line.

  9. Great work Derek! I was just helping my youngest brother on his first move after graduating and steered him towards going used on virtually all of his stuff. The mattress was new, but almost everything else used. It just is not worth the money in many cases and can allow you to use that savings on other things…or save it. 🙂

    • You are a good older brother with wise counsel. For basically everything besides technology, I go for the used products.

  10. It took me some time to buy used. But, when I started selling my apartment furniture in preparation of my world tour. I realized there are quality stuff out there that people do sell. Definitely at the fraction of the cost.

    • Yep. If you look long enough you can typically find barely used furniture for less than half the cost of new!

  11. Wow, 90+% off, that’s pretty good! Imagine if you could apply this to most durable goods you plan on purchasing!

    • I think that most retail purchases are for suckers. If you know of anyone that pays retail prices consistently, you might want to clue them in on what they’re giving up. Thanks for the comment Derek!

  12. Well, I must say you did a great job, Derek. It’s not bad if you furnish your bedroom with used stuff especially if the outcome looks exactly like that!

    • Thanks Marissa! I needed that positive comment after all the slightly negative ones about bed bugs. 😉 I’m actually in bed right now as a write this, and I am very pleased with the outcome. 🙂


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