Frugal Family

The Beauty Of Coming In Under Budget

Everyone shares the same dream. Everyone. Right at the back of all our brains, dancing a little jig so light you can’t feel the pitter patter is the dream of – one day – building your own home. That’s the dream. It’s being able to make your mark on the world in the most long-lasting fashion, to take what you’ve learned about you and your lifestyle and build the perfect home around it and create that nest you’ll never fall out of love with.


Of course, to do this, you need to have a piece of land. You need a plot upon which to build up and out. But as crucial as this piece of the puzzle is, it’s not the most important. Nope. That title goes to the budget.


Without a budget, your giving disaster the opportunity to slip in. Of course, it’s not just about having a budget. It’s knowing how to stick to your budget so you don’t find yourself looking at your phone every other hour and rereading the debt relief advice on To put it simply: if you let costs run ahead of budget, you’ll be making the occupation of your new home that much more difficult.


That’s why we’ve put together this list of tips and tricks to make sure you stick to the plan:


  1. Budget Comes First

It doesn’t matter what you have put on your wishlist and presented to the architect and contractor, at the very top, in a bright red pen, you need spell out exactly what your build budget is. You need to be absolutely clear that everything needs to fit inside that budget, or at least be capable of fitting.


  1. Pick Your Architect Wisely

There are a million architects out there, all with different styles, skill sets and levels of experience. The priority for you should be picking one who can demonstrate a thorough understanding of costs. It will be even better if they can show you examples of any work they’ve done where they came in under budget.


  1. Keep The Budget Rolling

A budget is not a one-off thing you do at the start of a project. No way. It’s not a fixed thing. Instead, your budget needs to be a constantly evolving thing, something you keep tweaking and changing as you go along.


  1. Create A Kitty

When you make a saving somewhere, don’t rush out and spend it on just anything. It’s a much better idea to pop these pennies in a kitty and keep hold of them for as long as possible, and then think about spending it on things you will notice, like better fittings, a nicer bathtub, flooring or furnishings.


  1. Contingency Is A Must

No project has even gone 100% to plan in the history of construction. Not one. There are always hiccups and problems that will demand a big chunk of your budget is used up. That’s where a 10-12% contingency comes in. It’s to help you ride out the unexpected expenses.

Hazel Newhouse

Hazel is a mum to 3 daughters and a son, she lives in Bedfordshire with her husband, kids and pets. Hazel has written for various publications, and regularly works alongside popular parenting and gardening brands.

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