Hap­pi­ness is a Pin­ter­est-wor­thy home, says sur­vey

Wangaratta Chronicle - North East Regional Extra - - Your Finance | Garden Hints -

DRESS­ING our homes is more im­por­tant to our self-worth than dress­ing our­selves, ac­cord­ing to new re­search from home loan lender, ME.

Ac­cord­ing to ME’s House Proud Sur­vey:

• 76 per cent said the style of their home was im­por­tant to their hap­pi­ness and in­di­vid­u­al­ity com­pared to only 46 per cent who said the same about their per­sonal dress style

• 62 per cent said they put time ef­fort and money into styling their home com­pared to 40 per cent who made the same in­vest­ment in their per­sonal dress style.

The only group less ob­sessed was renters, with 59 per cent of that group re­port­ing they put less ef­fort into styling their homes be­cause they rent while 54 per cent of renters said they don’t spend money on styling be­cause that money could be put to­ward buy­ing a home of their own.

Not be­ing able to af­ford the home of your dreams may be con­tribut­ing to the ob­ses­sion, with 44 per cent of all re­spon­dents stat­ing they spent more on styling their home to com­pen­sate for liv­ing in a home be­low their expectations.

Also, ac­cord­ing to ME’s sur­vey, when it comes to styling:

• 83 per cent style cheaply at low-cost re­tail­ers to keep costs down

• 37 per cent have re­gret­ted spend­ing too much money on fur­nish­ings in the past

• 36 per cent are reg­u­larly buy­ing new fur­nish­ings to im­prove the style of their home’s liv­ing spa­ces

• 26 per cent felt pres­sure to style their home, and of those 69 per cent said it was be­cause their home is an ex­ten­sion of their per­son­al­ity

Small fur­ni­ture was the pri­or­ity, fol­lowed by 2) big fur­ni­ture, 3) din­ner­ware and kitchen­ware, 4) manch­ester, 5) plants, 6) light­ing, 7) car­pets and rugs, 8) out­door en­ter­tain­ing items, 9) win­dow dress­ings. Art was given the low­est pri­or­ity.

ME money ex­pert, Matthew Read, said based on these re­sults, what Aus­tralians are see­ing in the mir­ror is less im­por­tant than the mir­ror it­self.

“Whether you think it’s mis­placed or not, the find­ing is a sure sign of the im­por­tance of ‘prop­erty sta­tus’ among many Aus­tralians.

“While there’s noth­ing wrong with styling your home, it can in­volve emo­tional pur­chases and with a third of re­spon­dents re­gret­ting spend­ing too much it’s im­por­tant to stay ob­jec­tive.

“Fur­nish­ings can be ex­pen­sive so a good strat­egy can be to get it right the first time.

“Con­sult­ing with an in­te­rior de­signer and set­ting up a master plan can avoid costly styling mis­takes.”

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