How to Save Money on Everything You Need for a New Home (2024)

Moving into a new house and buying everything you’ll need to fill it can be overwhelming, especially if you are soon-to-be-newlyweds like my fiancé and me. Today I’m sharing some of the ways I’ve been saving money on stuff for our new house.

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Andrew and I are so excited to be first-time homeowners! We closed on our house the end of August and he moved in first. Since then, we have beenslowly buying furniture, stocking the kitchen and pantry and decorating.

Weare both getting rid of the few pieces of furniture we have, and we were lacking in stuff for the rest of the house. Not to mention cleaning supplies and food for the pantry. There was a lot to buy!Since we are also wedding planning and paying a mortgage now, I wanted to do what I could to save on everything we would need.

If you know ahead of time that you’ll be moving and have the space, stockpiling as you find deals can be a great way to save. Before we closed on the house, my bedroom was packed wall-to-wall with stuff for the house and for the wedding.

Since I knew well in advance that I’d be moving in November, I had been buying items for our house whenever I found them on sale (or clearance!) or had some great coupons. Buying over time meant I didn’t have to shell out as much at once.

There are a few ways you can save extra money while stockpiling. You could watch the sales or take advantage of days like Black Friday or Cyber Monday. You could also check sale groups on Facebook, visit thrift stores or go to garage sales.

Couponing is something that I don’t do regularly, but I know I need to! Once I move into my house and have more free time, I plan to spend more time on it. But since I knew I would be doing a few big shopping trips to buy cleaning supplies, paper products and items for the pantry, I decided to take some time to sit down and find coupons.

Coupon Closet has an awesome Coupon Database that was so helpful for me! I just typed in the product I wanted and got tons of results. Since I shop at Winn-Dixie, I also opened their coupon app on my phone and searched for the same products on there.

I printed out the manufacturer’s coupons from the database and saved the Winn-Dixie store coupons to my phone. When I did my shopping, I simply handed them the coupons and let them scan the app on my phone.If you add these two coupons onto store sales, you can save even more!

While I don’t often take the time to cut coupons, I do use coupon apps on my phone! Apps like Cartwheel or Ibotta have deals on items you may need for your home.

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Before you shop, think about the places you are a rewards member of. You can also think about which of your credit cards you could get the most points on. We do most of our grocery shopping atWinn-Dixie because of their FuelPerks program. I bought a lot of the cleaning and paper products we needed there so that I could rack up FuelPerks.

We also have a credit card that we use solely for groceries because we get the highest number of points when we use it at grocery stores. For the home decor and organization supplies for the kitchen, I mostly shopped at Target. I have their debit Redcard, so I save 5% whenever I use it. I paired that with the Cartwheel app coupons, so I was able to save even more.

For anything I bought online, I first went to Ebatesand checked to see if the site I was planning to buy from was on there. I was able to get cash back on a lot of the items I bought online!

Update: Another rebate program I’ve recently discovered is Ibotta. I use it all the time to save on groceries, but they also have rebates for lots of other products. This is a great way to save when stocking the pantry or buying other essentials like toilet paper, batteries, cleaning supplies and more.

I shared an in progress picture of our DIY table a couple days ago, and here is the final product! Our house is coming together!

A photo posted by Jenna @ A Savory Feast (@asavoryfeast) on

You can save so much money by repurposing what you already have or buying used items from thrift stores or Craigslist and fixing them up.

When it came to the furniture, we first thought about our priorities and what pieces were important to us. We decided not to skimp on the couch since it was the first thing people saw when they walked in.We alsospend a lot of time there so we wanted it to be comfortable!

One of Andrew’s friends came over and helped us build a dining room table.It saved us so much money, and we were able to get exactly what we wanted. It’s also more meaningfulto know we built it ourselves.

What are some of the ways you save money on items you need for a new house?

How to Save Money on Everything You Need for a New Home (2024)

FAQs

How to Save Money on Everything You Need for a New Home? ›

It's likely difficult, if not impossible, to spend less money on housing, transportation and food, but you may want to think about spending less when it comes to each of those categories — consider downsizing your apartment to save on housing, carpooling to save on transportation or shopping at a cheaper grocery store ...

How to save enough money for a house? ›

6 ways to save money for a house
  1. Build your budget. Creating a budget is one of the most important steps when setting a financial goal. ...
  2. Downsize your expenses. ...
  3. Pay off debt. ...
  4. Increase the income from your main job. ...
  5. Look for other ways to earn. ...
  6. Plan for the extras.

How to save money on a new home build? ›

Value Engineering
  1. Reducing Square Footage. One way to dramatically reduce costs is to just reduce the square footage of the entire home. ...
  2. Choosing a Stock Design. ...
  3. Reducing Lineal Feet of Logs. ...
  4. Opt for a Simple Roof System. ...
  5. Use Drywall on Interior. ...
  6. More Modest Kitchen. ...
  7. Don't Take a Bath on Your Bath. ...
  8. Avoid Change Orders.

How do you save money when everything is going up? ›

It's likely difficult, if not impossible, to spend less money on housing, transportation and food, but you may want to think about spending less when it comes to each of those categories — consider downsizing your apartment to save on housing, carpooling to save on transportation or shopping at a cheaper grocery store ...

What is a good amount to have saved for a house? ›

A good number to shoot for when saving for a house is 25% of the sale price to cover your down payment, closing costs and moving expenses. (This amount is separate from saving up 3–6 months of your typical living expenses in a fully-funded emergency fund—which I recommend you do first, before saving up for a home.)

How can I save money when my house is poor? ›

What to do if you're house poor
  1. Increase your income. A side hustle, a second job, a raise or passive income can help if you're struggling to afford your mortgage. ...
  2. Cut back on spending. ...
  3. Consolidate debt. ...
  4. Cancel your private mortgage insurance. ...
  5. Mortgage forbearance. ...
  6. Refinance your mortgage. ...
  7. Sell and downsize.
Dec 6, 2022

How much to save a month for a house? ›

Short-Term Savings

If you begin saving 20% of your income each month, you could be in a good position to not only qualify for a loan with a reasonable interest rate, but also to be able to have a sufficient down payment ready. You should be paying close attention to your gross income (vs.

How to build a house on a tight budget? ›

Cheapest Ways To Build A House: 10 Tips For Affordable Home Building
  1. Simplify Your Home's Design. ...
  2. Try A Tiny Home. ...
  3. Hire An Experienced Home Builder. ...
  4. Save Costs By Becoming A General Contractor. ...
  5. Get Your Design Plans Approved. ...
  6. Budget, Plan And Price Out All Items. ...
  7. Choose Building Materials Wisely. ...
  8. Buy Materials At A Discount.

Is it financially smart to build a house? ›

In a seller's market, it's reasonable to consider building your own house rather than fighting it out for an existing home. That said, if time is a factor, you may be better off buying an existing house. Another major factor to consider is the cost of building a house versus buying a house.

What happens if you run out of money while building a house? ›

The most obvious solution is to look for additional funding options. For a reliable property owner with good credit, it may be as simple as applying for additional financing. In some cases, like a lost grant, it may be much more difficult. The right option depends heavily on the type of project and its scope.

How to aggressively save money? ›

How to Save Money: 23 Tips
  1. Make a budget.
  2. Say goodbye to debt.
  3. Set a savings goal.
  4. Save money automatically.
  5. Buy generic.
  6. Meal plan.
  7. Cancel some subscriptions and memberships.
  8. Adjust your tax withholdings.
Apr 5, 2024

How to fight inflation at home? ›

Look for savings
  1. Eliminate any fees you pay for credit cards or bank accounts (late fees, monthly or annual service fees, ATM fees, etc.). ...
  2. Renegotiate bills like cable, streaming or cell phone for any possible savings. ...
  3. Reduce the number of subscriptions you have, even if by just one.
Aug 10, 2023

Is $50,000 a year enough for a house? ›

The rule of 2.5 times your income stipulates that you shouldn't purchase a house that costs more than two and a half times your annual income. So, if you have a $50,000 annual salary, you should be able to afford a $125,000 home.

How long does it take to save money for a house? ›

If you put aside $400 a month to save for a down payment, it will only take 15 months to save for the 3% down payment, while the 20% down payment would take 100 months—that's a difference of more than 8 years.

How to save for a house down payment in 6 months? ›

How to save for a down payment: 8 ways
  1. Park the savings somewhere you can earn more money. ...
  2. Automate your savings. ...
  3. Explore additional sources of income. ...
  4. Look for down payment assistance programs. ...
  5. Reduce your expenses. ...
  6. Request a raise. ...
  7. Ask for a gift. ...
  8. Reprioritize your savings goals.
Feb 8, 2024

How much should I save for a $300 K house? ›

Down payment options for a $300K house

While some lenders may require no down payment at all, most will need at least 3% of the purchase price ($9,000) or 3.5% ($10,500). However, if you have a down payment of 20% ($60,000), you could save quite a bit on mortgage insurance and interest charges.

How much should I save for a $200 K house? ›

To purchase a $200,000 house, you need a down payment of at least $40,000 (20% of the home price) to avoid PMI on a conventional mortgage. If you're a first-time home buyer, you could save a smaller down payment of $10,000–20,000 (5–10%). But remember, that will drive up your monthly payment with PMI fees.

How to save 10k in a year? ›

6 steps to save $10,000 in a year
  1. Evaluate income and expenses. To make room for saving, you'll need a meticulous budget that outlines all your sources of income and all your expenditures. ...
  2. Make an actionable savings plan. ...
  3. Cut unnecessary expenses. ...
  4. Increase your income. ...
  5. Avoid new debt. ...
  6. Invest wisely.
Apr 2, 2024

How much to save for a $500,000 house? ›

A 20% down payment option is a common benchmark for homebuyers. A 20% down payment option gets recommended often because it avoids the need for private mortgage insurance (PMI). For a $500,000 home, a 20% down payment would be $100,000.

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