Spice Up Your Home This Fall with These Money-Saving Redecorating Tips

We get it – giving your home a complete “makeover” can seem like an expensive task, which often puts it on the backburner in place of seemingly more important items on the to-do list. However, we often fail to consider the impact of our surroundings on our day-to-day lives and mental and emotional well-being. Janet Sloan of Home Decor Wise says that a home decorated to resonate with your personality and identity can have profound psychological benefits, such as reducing stress and anxiety, promoting emotional well-being, and enhancing productivity. Thanks to DIY (“Do-It-Yourself”) enthusiasts who share their creative ideas on Pinterest, TikTok, and the like, there are plenty of sources of inspiration when it comes to redecorating – and for finding cheap alternatives, too. Whether it’s finding an affordable alternative to an otherwise expensive piece of décor, or getting your hands dirty and “DIY-ing it,” there are plenty of ways to redecorate without breaking the bank, especially if you’re redecorating every time the seasons change. Give these money-saving redecorating tips a whirl when giving your home a “refresh” this fall.

1. One Person’s “Trash” is Another Person’s Treasure: Estate sales, flea markets, and garage sales can all be a great place to start when you are in search of inspiration for your next redecoration or DIY project. Someone could be tossing a piece of furniture or a fixture that no longer serves a purpose in their home, only for you to discover that you can recycle and repurpose it into something you’ll love seeing in your home every day. When you’re roaming around, keep an open mind — you never know just how many creative spins you can put on an item you see!

2. Mount Wooden Crates: Wooden crates can easily be turned into wall-mounted shelves or displays! You can find wooden crates with a certain finish, such as those with a rustic feel, or unfinished if you’d like to paint or stain them yourself. Try using them as a makeshift bookshelf or display for your pumpkins and gourds. You can even lay some fall garland across the tops of the wooden crates to give them more of a festive fall feel!

3. New Uses for an Old Dresser: Among the many things you can find at a local sale will likely be a dresser that someone is letting go of. Dressers are a common piece of furniture that can be repurposed into supply storage. Simply swap out the drawers for fabric bins, sand and repaint the outside as needed or desired, and now you have a wealth of newly discovered storage space! If you’d rather leave the compartments open, you can display your items on the wood as opposed to putting fabric bins within.

4. Repurpose Your Pumpkin: A pumpkin is a common fall gift that keeps on giving! If you have one pumpkin too many and you’re looking to repurpose it, try hallowing it out and making a pumpkin planter or pumpkin vase. To make a pumpkin planter, simply drill or carve a hole at the bottom for drainage, fill it with soil, and plant the fall flowers of your choice. If you are going the pumpkin vase route, you can fill the hallowed-out pumpkin with fake flowers or hide a vase bearing water and real flowers. Now you have a beautiful table arrangement, and can use the insides of the pumpkin for a pumpkin dessert or bake the seeds in the oven for a snack, too.

To take your pumpkin planter to the next level, make it a hanging planter! We recommend swapping out the real pumpkin for a lightweight craft pumpkin such as this one, because they are typically too heavy to hang. Here’s some instructions on turning your faux pumpkin into a hanging planter.

5. Potpourri Can Double as a Simmer Pot: You might commonly hear people reference “pumpkin spice” during this season, and it’s not just because of the lattes! Aside from the countless decorative items fall is associated with, fall is also commonly associated with scents, such as pumpkin spice, apples, and cinnamon. Potpourri opens the door to an abundance of creativity, as there is no right or wrong way to combine natural plant materials to make a fall scent. A simple way to make a fall-inspired potpourri is by combining dried apples, cinnamon sticks, and fall leaves in a decorative bowl, and applying the same essential oils to magnify the scents. After you are done displaying this potpourri as décor, use it as a simmer pot to give your home that warm, cozy fall feel.

6. Reuse Old Throw Pillows: Whether you find throw pillows at a sale, or have a few laying around the house, reusing old throw pillows can be an inexpensive way to transform a room. There’s a couple of ways to repurpose old throw pillows that don’t require expertise in art – like trying out embroidery or fabric paint. Embroidery involves decorating fabric and other materials using a needle to stitch thread or yarn. You can order fall embroidery patterns and kits online, or find a tutorial online if you have the materials you need. If breaking out the needle and thread isn’t quite up your alley, you can use fabric paint to paint a design right onto the throw pillows. You can trace a design you find online, or use free-hand.

7. A Ladder is Not Just a Ladder: One of our favorite creative, and surprisingly functional spins on a common household item – is turning a ladder into a shelf or storage. Some of these functional spins include turning your ladder into a bookshelf, shelving space, or a clothing rack. DIY Enthusiasts details a few of these creative ways to reuse an old ladder at home, many of which include materials you likely already have. Give it a read and try to envision how one of these ladder shelf ideas can change the feel of a room in your home.

Not only are these inexpensive alternatives to traditional interior design, but they will leave you with a fun project and a great story to tell guests if you are hosting in your home this autumn.

We know that some redecorating ideas require more than just traipsing around a local garage sale until you stumble upon a piece of furniture or a fixture that inspires you. First Financial’s Home Improvement Loan is a great option for those looking to chase some of those bigger home improvement dreams, such as redesigning your kitchen. Our Home Improvement Loan features great rates, flexible terms up to 10 years, a fixed monthly payment, and more.* If you’re ready to get started, you can apply online 24/7. If you have any questions or inquiries, don’t hesitate to stop by your local branch or call our Loan Department at 732.312.1500 Option 4.

*Available on primary residence only. A First Financial membership is required to obtain a Home Improvement Loan and is open to anyone who lives, works, worships, volunteers, or attends school in Monmouth or Ocean Counties. See credit union for details. Rate will vary based off of applicant’s credit rating. Not all applicants who apply will be approved, subject to underwriting guidelines and credit approval. Visit firstffcu.com for additional information.

A Budget-Friendly Guide to Home Redecorating

Home renovations and redecorating can transform your space without breaking the bank. With strategic planning and creative solutions, you can achieve your home improvement goals while staying within budget. Keep reading to find out how!

Research and Planning

  1. Find the Right Financing: Before diving into your home renovation project, explore financing options to fund your endeavor. Consider First Financial’s Home Improvement Loan, offering great rates and flexible terms to help you realize your vision affordably.*
  2. Create a Budget: Set a realistic budget for your project, considering expenses like materials, labor, and any unforeseen costs. Stick to your budget to avoid overspending and financial strain. Utilize First Financial’s wide range of tools and resources like our Budgeting Guide and Home Budget Calculator.
  3. Develop a Detailed Plan: Outline the project scope and create a timeline for completion. Research design ideas and gather inspiration to ensure a successful outcome.
  4. Research Codes and Acquire Permits: Obtain necessary permits and familiarize yourself with local building codes to ensure compliance and avoid costly mistakes.
  5. Do Your Own Demo: Save on labor costs by tackling demolition work yourself, prioritizing safety with proper gear and precautions.
  6. Price Matching: Compare prices on multiple retailer websites prior to making a purchase. Many big box stores will price match what you find online in store, so you can snag a great deal and avoid shipping and handling costs.

Doing It Yourself (DIY)

If you plan to tackle your home renovation project all on your own, follow our budget-conscious tips below.

  1. Search for Free Materials: Acquire items for free through friends, family, or online listings to minimize costs and maximize savings.
  2. Find Duplicates: Look for budget-friendly alternatives that mimic high-end materials or furnishings to achieve your desired look without overspending.
  3. Improve Existing Furniture: Refresh old furniture with painting or refinishing. Add new hardware or upholstery for a custom look without breaking the bank.
  4. Update Smaller Fixtures: Upgrade fixtures like cabinet hardware, lighting, and doorknobs to make a big impact on a budget. Changes like these make a huge difference without necessitating a full demo.
  5. Shop Second Hand: Explore thrift stores, flea markets, and online marketplaces for unique finds at bargain prices. You may discover hidden gems that not many other people will have.
  6. Utilize Paint: Give your space a makeover with a fresh coat of paint and easily DIY this on your own. Sometimes a fresh new color is all you need to transform a space.
  7. Declutter: Clear out unnecessary items to refresh a room instantly. Donate or sell items you no longer need to create a clean, inviting space.
  8. Mix and Match: Embrace mismatched furniture and decor to add character to your space and avoid the expense of purchasing pricier pieces. Experiment with different styles, textures, and colors for a unique look.
  9. Swap Party: Host a furniture and decor swap party with friends and family to exchange items and refresh your decor for free. It’s a fun way to acquire new pieces while also decluttering your home.
  10. Do Projects in Pieces: Tackle renovation projects one at a time to manage costs effectively and plan better. Break down projects to secure better deals and complete them efficiently.

By following these tips and leveraging resources like First Financial’s Home Improvement Loan and budgeting tools, you can redecorate your home for less without sacrificing style or quality. Happy decorating!

For more personalized advice and solutions – call us at 732.312.1500, visit a branch, or explore our services on our website at firstffcu.com. Don’t forget to subscribe to our First Scoop blog for more financially savvy insights and tips.

*Available on primary residence only. A First Financial membership is required to obtain a Home Improvement Loan and is open to anyone who lives, works, worships, volunteers, or attends school in Monmouth of Ocean Counties. See credit union for details. 1 Rate will vary based off of applicant’s credit rating. Not all applicants who apply will be approved, subject to underwriting guidelines and credit approval. 2 Lien position and appraisal valuation may affect the maximum loan amount. 3 Not all applicants will qualify for maximum Loan to Value (LTV) ratio. It will be based off of creditworthiness, property type, occupancy, lien position, and loan amount. Rates will be affected by LTV or combined LTV if there is another lien on the property. 4 Loan amounts over $7,500.00 will be required to give First Financial FCU a security interest in their property. Rates will vary based off of lien position and whether the loan is mortgage secured or unsecured. 5 For mortgage secured Home Improvement loans First Financial FCU (FFFCU) will waive closing costs at inception of loan. If loan is terminated within the first 2 years of opening, closing cost waiver is revoked and are required to be paid back by member to FFFCU.

Financial Tips for Your Backyard Makeover

Summer is just around the corner, and now is the perfect time to spruce up your backyard. However, before you dive into your backyard makeover project – it’s essential to consider your budget and financial goals. With that in mind, here are some financial tips for your backyard makeover.

Set a budget

The first step to any home renovation project is setting a budget. Determine how much money you can realistically afford to spend on your backyard makeover, and stick to it. It’s easy to get carried away with all the different options available, but keeping your budget in mind will help you make more informed decisions about which projects to prioritize.

Prioritize your projects

Once you’ve set your budget, it’s time to prioritize your backyard makeover projects. Start by making a list of all the improvements you’d like to make and then rank them based on importance. Consider factors such as the condition of your backyard, what the project would be used for, and what would add the most value to your home. This will help you focus on the most important projects and ensure you don’t overspend on unnecessary ones.

Consider DIY projects

Another way to save money on your backyard makeover is by tackling some of the projects yourself. Not only will this save you money, but it can also be a fun and rewarding way to spruce up your backyard. If you’re handy with tools and have some experience with home improvement projects – consider taking on tasks such as painting, constructing garden beds, building a fire pit, and more.

Shop around for deals

Before you start buying materials for your backyard makeover, do some research to find the best deals. Look for sales at local home improvement stores or search online for deals on materials such as pavers, plants, and outdoor furniture. You can also consider buying gently used items from local buy-and-sell groups or garage sales.

Consider financing options

If your backyard makeover project is more extensive than you initially thought, you may need to consider financing. At First Financial, we offer a variety of loan options to assist you in financing the backyard of your dreams.

  1. Home improvement loans are unsecured and don’t need to use your home as collateral to qualify. Lenders will use your credit score to determine your interest rate and qualifications.*
  2. Home equity loans are similar to home improvement loans in that they are paid out in a lump sum that you can repay over time in regular fixed monthly payments.**
  3. A home equity line of credit (HELOC) is a secured loan backed by your home, allowing you to qualify for lower interest rates. Our HELOCs have a maximum borrow amount of $75,000 and an LTV of up to 70%, and allow you to advance from your approved credit line as you need it. ++
  4. Credit cards with a lower interest rate may be good for smaller home improvements, especially if you can find a card with added perks. We offer four credit card options with benefits like a 10-day grace period and no annual fees.+ Our Visa Cash Plus cards, for example – offer UChoose Rewards on all purchases that are redeemable for travel, merchandise, gift cards, and cash back.

By setting a budget, prioritizing your projects, considering DIY options, shopping around for deals, and exploring financing options – you can make your backyard makeover dreams a reality without breaking the bank. If you need help determining the best financing path for your home improvement project, feel free to ask our financial experts for advice. Call us at 732.312.1500 or stop into your local branch to get started.

Happy renovating!

*Available on primary residence only. A First Financial membership is required to obtain a Home Improvement Loan and is open to anyone who lives, works, worships, volunteers, or attends school in Monmouth of Ocean Counties. See credit union for details. Rate will vary based off of applicant’s credit rating. Not all applicants who apply will be approved, subject to underwriting guidelines and credit approval. Lien position and appraisal valuation may affect the maximum loan amount. Not all applicants will qualify for maximum Loan to Value (LTV) ratio. It will be based off of creditworthiness, property type, occupancy, lien position, and loan amount. Rates will be affected by LTV or combined LTV if there is another lien on the property. Loan amounts over $7,500.00 will be required to give First Financial FCU a security interest in their property. Rates will vary based off of lien position and whether the loan is mortgage secured or unsecured. For mortgage secured Home Improvement loans First Financial FCU (FFFCU) will waive closing costs at inception of loan. If loan is terminated within the first 2 years of opening, closing cost waiver is revoked and are required to be paid back by member to FFFCU.

**First Financial FCU (FFFCU) will waive closing costs at inception of loan. If loan is terminated within the first 2 years of opening, closing cost waiver is revoked and the borrower(s) will be required to pay back closing costs in full to FFFCU. A First Financial membership is required to obtain a Home Equity Loan, and is open to anyone who lives, works, worships, volunteers or attends school in Monmouth or Ocean Counties. See FFFCU for details or visit firstffcu.com for all current rates. Rates for financing up to 80% of Appraised Value less other Mortgages.

+APR varies up to 18% when you open your account based on your credit worthiness. This APR is for purchases and will vary with the market based on the Prime Rate. Subject to credit approval. Rates quoted assume excellent borrower credit history. Your actual APR may vary based on your state of residence, approved loan amount, applicable discounts and your credit history. No Annual Fees. Other fees that apply: Balance Transfer and Cash Advance Fees of 3% or $10, whichever is greater; Late Payment Fee of $29, $10 Card Replacement Fee, and Returned Payment Fee of $29. A First Financial membership is required to obtain a Visa Credit Card and is available to anyone who lives, works, worships, volunteers, or attends school in Monmouth or Ocean Counties.

++ LTV= Loan to Value Ratio. Rates will vary with the market based on Prime Rate and may change quarterly. Subject to credit approval. Available on primary or secondary homes only. A First Financial membership is required to obtain a home equity line of credit, and is open to anyone who lives, works, worships, volunteers or attends school in Monmouth or Ocean Counties. Subject to underwriting guidelines. See credit union for details.

Ways to Save on Home Improvements this Fall

If you own a home, you know renovations and improvements will eventually be on the horizon. Whether it’s remodeling your home with newer appliances or prioritizing bigger fixes ahead of the colder months, all those repairs will add up – especially if you’re hiring a professional. Some home improvements are necessary for function and some help build equity down the line. No matter what’s on your to-do list, you can look to these tips for managing a home project on a budget.

Focus on building home equity

Don’t just think about saving money in the short term, consider projects that will increase your home’s value and help you avoid unexpected expenses later on. According to Remodeling Magazine’s 2022 Cost vs.Value Report, home improvement projects like garage door replacements, stone veneers, window and siding replacements, and minor kitchen remodels will get you the fastest return on your investment. In New Jersey, there may also be tax benefits and incentives which certain home improvements could qualify for. Of course, there are upgrades you can make throughout your home to save money on utility bills as well.

Don’t put repairs off

We’ve all done it. Putting off an annoying repair is too easy to do – until the issue becomes a major (and expensive) problem. Even more importantly, ignoring repairs can eventually become a safety hazard. Home repairs that involve water, electricity, pests, peeling paint, cracks, and HVAC could end up costing a lot more than if you just took care of the problem initially.

Prioritize routine maintenance

Doing routine maintenance on your home is another way to save on big expenses in the long run. Preventative measures ahead of the cooler months is necessary for the safety and longevity of your home. Ahead of winter, we recommend removing leaves from your gutters, getting your chimney cleaned, installing monitoring devices on your water pipes, and clearing your dryer vents. This helps prevent damages and even house fires.

Look for home improvement loans

There are many strategies when it comes to funding your home project, like building a savings account over time. Sometimes though, there’s an emergency or unexpected expense that you might not have the savings for. That’s when a home improvement loan becomes a good option. At First Financial, we offer home improvement loans with great rates and a fixed monthly payment.*

Regardless of what your goals are or what projects you need to accomplish, the team at First Financial is here to help with financial advice, savings account options, and loan decisions. Contact us to get started, or stop into your local branch to speak with a representative today.

Want to see more articles like this? Subscribe to First Financial’s monthly newsletter for financial resources and advice.

*Available on primary residence only. A First Financial membership is required to obtain a Home Improvement Loan and is open to anyone who lives, works, worships, volunteers, or attends school in Monmouth of Ocean Counties. See credit union for details. Rate will vary based off of applicant’s credit rating. Not all applicants who apply will be approved, subject to underwriting guidelines and credit approval. Lien position and appraisal valuation may affect the maximum loan amount. Not all applicants will qualify for maximum Loan to Value (LTV) ratio. It will be based off of creditworthiness, property type, occupancy, lien position, and loan amount. Rates will be affected by LTV or combined LTV if there is another lien on the property. Loan amounts over $7,500.00 will be required to give First Financial FCU a security interest in their property. Rates will vary based off of lien position and whether the loan is mortgage secured or unsecured. For mortgage secured Home Improvement loans First Financial FCU (FFFCU) will waive closing costs at inception of loan. If loan is terminated within the first 2 years of opening, closing cost waiver is revoked and are required to be paid back by member to FFFCU.

The 3 Best Categories for Boosting Your Home’s Value Without Going Broke

Everyone makes home improvements for different reasons, but most of the time they’re either a necessity like a roof repair, something for personal enjoyment, or intended to increase a home’s market value. Whether you’re getting ready to move or just sprucing things up, it’s wise to be mindful of how the improvements you’re making will affect your home’s value when it comes time to sell your home.

Based on what real estate experts say, the top home improvement categories that deliver the biggest bang for your buck are:

1. Practical Appeal

When we think of home renovation, our minds jump to fun projects like updating a kitchen or adding a deck, but standard projects like routine maintenance and repairs go a long way in creating a baseline appeal and value to your home.

  • Maintenance & Repairs

Home hunters want to know the place they’re considering is in good condition. No matter how great a renovated bathroom looks, it won’t persuade a buyer to overlook a major repair they’ll have to deal with right away. Performing routine maintenance on furnaces and septic systems, fixing problems like plumbing leaks or rusty gutters, and making practical improvements, are all investments that will raise and maintain your home’s value in the long run.

  • Energy Efficiency

Home buyers are looking more carefully at utilities – one of those controllable expenses that can be drastically improved with energy-efficient appliances and heating/cooling systems. Besides the personal savings on your utility bills and taxes, making your home greener may also improve the value of your home by up to 20 times the annual energy savings.

2. Curb Appeal

Potential buyers decide within the first few moments of walking up to a house whether or not they’re interested in seeing more. First, there’s landscaping. Overhanging trees and unruly bushes can obscure your home’s best features, darken the interior, encourage mold, and can even cause expensive damage.

Then there’s the entryway. Is it neat, well lit, and protected from weather? Is your front door in good shape and does it look secure?

Finally, fix other exterior issues like missing siding or chipped paint. These small fixes can make a pretty big difference when it comes to shaping the first impressions of anyone who sees your home.

3. Modern Appeal

It’s now time to give your home some modern appeal after the basics are taken care of. Real estate professionals say home buyers are looking for open floor plans, natural light, updated flooring, and bathroom and kitchen upgrades. A few of the most value driven ways to make your home look more modern, are to knock out a non-structural wall or kitchen island, and to improve light by replacing broken panes, or installing less expensive tubular skylights. You also want to fix squeaks in your floors, patch and repair boards and tile, and maybe even rip out some wall-to-wall carpeting and replace it with engineered hardwood. Updating a bathroom on a tight budget could mean cleaning grout, removing any rust stains, re-caulking, updating door knobs, or replacing faucets.

The bottom line is that you don’t have to spend a lot of money on improvements to increase your home’s value. Just choose your improvements wisely and you can easily recoup that investment back. The more you value your home by taking care of it, the more others will value it, as well.

In need of some home improvements but could use a little help? First Financial’s Home Improvement Loan is designed to help you create the home you’ve been imagining. It’s time to move your “wants” to the top of your to-do list.*

*Available on primary residence only. A First Financial membership is required to obtain a Home Improvement Loan and is open to anyone who lives, works, worships, volunteers, or attends school in Monmouth or Ocean Counties. See credit union for details. Rate will vary based off of applicant’s credit rating. Not all applicants who apply will be approved, subject to underwriting guidelines and credit approval. Visit firstffcu.com for additional information.

Article source: Jessica Sommerfield for Moneyning.com

4 Tips for Saving Money on Spring Painting Projects

Painting is a popular spring do-it-yourself project, especially since it’s one of the easiest ways to refresh the appearance of your home. If you’re trying to sell, new paint can also improve your home’s appeal to potential buyers. Depending on the size of your project, primer, paint, and supplies can get expensive fast. To help you stay on budget, here are a few tips to help you choose paint, find good deals, and ultimately get the greatest return on the time and money you invest in your spring painting projects.

1. When choosing paint brands, compare key qualities.

There are scores of paint brands to choose from these days, ranging in price from $8 per gallon to more than $30. The price of some brands corresponds with their quality, but that’s not always the case. To choose the best paint for your project, you need to look at more than just the price tag. Here are five key qualities to look for:

  • Coverage: Many higher-end paints have built-in primers and get the job done in fewer coats than economy brands.
  • Stain resistance: Depending on what you’re painting, you may want to choose a paint with better stain resistance (for instance, high-traffic living areas).
  • Scrub resistance: Some paints dull when you scrub them, so if you’ll be using extra elbow grease on the walls, prioritize this quality.
  • Paint pros say acrylic latex paints are more resistant to the effects of temperature and moisture over time than oil-based alternatives.
  • Volatile organic compounds (VOCs) are the solvents paint releases into the air as it dries. A typical paint has about 150 grams of VOCs per liter; low-VOC paint has 50 g/l or less. If you’re concerned about paint fumes, this is something to pay attention to.

A great place to find all this information in one place is Consumer Reports, but you’ll also find useful reviews on non-biased handyman and do-it-yourself sites.

2. Consider what you’re painting.

Deciding which of these qualities to prioritize is easier when you keep in mind what you’re painting. Areas that won’t be seen or trafficked don’t require top-of-the-line paint, but if you want the paint job to look professional and last longer, you may want to spend a little more.

Also, consider the color change you’re making. If you’re painting over a very dark color, it could mean the difference between two coats of a high-quality paint versus three to four coats of an economy paint.

3. Use expert tips to make inexpensive paint look spectacular.

Even though the quality of paint you use matters, how well you paint can also make a huge difference. Failing to prep your surfaces properly and follow good painting techniques, can make even the most expensive paint look bad. On the other hand, using expert tips with mid-range paint can result in a professional looking job. If you’re an amateur painter, look for expert tips or — better yet, get a seasoned pro to help you.

4. Find deals on paint.

Investing in quality paint won’t be cheap. Stretch your budget a little further by looking for coupons (DIY retailers like Home Depot run regular sales). The best time to shop for paint is in the months of May, July, and September, right before the major summer holidays.

If you’re not picky about the shade of your paint, check out the miss-tint section at retail stores, where you’ll often find $35 gallons discounted as low as $15. There’s nothing wrong with this paint – it just didn’t turn out the way a customer expected.

You might be surprised to learn that you can get even get paint for free from recycling centers, where businesses tend to drop off excess paint from their renovation projects. Even if the paint is a few months old, the shelf life of paint is much longer – up to 8 years!

Like many things in life, what you put into painting is what you get out of it. Even if you’re just trying to spruce things up for your own benefit, it doesn’t hurt to use these tips to get the best possible results and save a little money in the process.

Article Source: Jessica Sommerfield for moneyning.com