It can be hard to know when it's better to spend a bit more money on a piece of furniture and when you need to be extremely frugal about a piece. Here are some items you may want to save or splurge on!
Lighting - When it comes to lighting, you can spend up to thousands of dollars on chandeliers and other lighting in a home. However, it can be generally easily changed over time, so if you get a fixture you don't like, you can always upgrade when you wish to. It may be good to save on these items and then when you see that chandelier of your dreams, you can save up for it and add it at a later date. Also, some of the most inexpensive lights can be made to look expensive with paint or other modifications.
Rugs - There are some truly beautiful rugs you can spend a lot on or some just as pretty that will cost a lot less. If you have pets or children, an expensive rug might be way more costly in just upkeep and care, whereas a less expensive rug might be able to be replaced with less cost. Think of where it will go and if it's worth spending the extra money.
Bed - You will sleep 1/3 of your life, so spending the money on a good mattress is a must, however, the frame or headboard maybe not so much. You don't want a frame that will break, however, good, sturdy frames are not that expensive and you can spend a lot on a four poster bed or have a simple headboard and still have a beautiful bed. So, splurge on the mattress and all other accessories aren't as necessary to spend a lot on.
Sofa - If the sofa is going to be used all the time by lots of people, having a well made, durable sofa will be well worth the extra money, however, if it is a sofa that will be in a room that isn't used very much, you can spend a bit less. Pets and children can be hard on furniture, so use your judgment on where you want to spend the money and where you don't. An out of sight playroom sofa may not need to be the most expensive sofa you have!
Storage - This can be either splurge or save. If you are buying an ottoman to store a few throws or pillows, you may not need to spend a lot of money, but, if you want storage that will last a lifetime, like a dresser, china cabinet or buffet, spending a bit more may be well worth the money.
Chairs - This can be a save or splurge as well. A chair that will be used often needs to be both comfortable, durable and easy to clean. So spending a bit more is a good plan. However, if you need dining room chairs, you may be able to get some second hand and spruce them up for an eclectic look around your dining table. Again, depending on where/how it is used should determine whether you splurge or save on a chair or group of chairs!
Dining Table - A dining table can be an item that is used for important family gatherings as well as everyday use. It will be something you see all the time and you will want it to hold up for as long as possible. Does that mean you need to splurge on it? Not necessarily! This too depends on your needs. If it's a table that all of your family will be around on a daily basis, you want something that will withstand the constant wiping, dishes and clanking table service, maybe man made or synthetic type of table top might be better for wear and tear, whereas a beautifully finished wooden table might be better suited for a formal dining room. With each of these choices they can be a splurge or save depending on what style you like as well. I spent more on my dining table to get a really large one for family gatherings that will be used minimally and have an older family table in my kitchen for everyday use.
With each item of furniture, a lot of it depends so much on your needs more than what an item may cost. Determine how long you would like a piece to last and what pleases you to see all the time, too. At different times in our lives, investing in a good piece of furniture is the way to go and other times, waiting a bit for that cost may be a better plan in the long run!