You know you have
the passion and creativity to achieve success in the interior design business.
But you are wondering where and how to start. You ask yourself whether you need
a formal certificate or degree to start practicing interior design. Of course a
degree can really help you in finding your dream job if you are considering
working for people. However, if you live in the US or Europe right now; people
will tell you that they are having tough time finding employment; some were
even unemployed for years! The point is there are many people out there in the
market looking for the same thing as you. So if you have decided to get a
formal education, then go as high as you can afford, you need to get a Bachelor
Degree at the very least considering the competition you are up against; don’t
just settle for a Diploma or Certificate.
What if you don’t
have the money and you don’t wish to apply for a student loan to further your
study. Can you still make your dream comes through as an Interior Designer one
day? The answer is YES! It is not always necessary to register to a
professional body in order to practice interior design. You can always partner
with a contractor to carry out renovation projects. In fact, this is the best
way to give you higher profit margin. When a client ask you for interior design
service, you will come out with the design sketches and ask a contractor to
give you a rough estimation of the construction cost for the design. You then
mark up the cost (depending on how much profit you wish to make from this
project) and present it to the client. Most clients would want to have this
Start saving a percentage of your earnings. Get into the habit of always putting aside ten percent of your earnings before you do anything.
Sit down and work out a budget. Work out what you need to spend. Pay all the vital expenses first. Once your living expenses are covered, the rest is yours to spend. If you are wise, you may choose to save some of this money, or invest it in your education.
3. Invest your savings.
Money must work for you. It is no good accumulating a fortune if you hide it under your mattress. Your money needs to work for you.
4. Get expert advice on investment.
Make sure you get expert advice when investing your money. Do not go for high-risk investments unless the person advising you knows all about the business. A good rule of thumb is that if it sounds too good to be true, it probably is. It is better to invest in a sound venture than to risk losing everything.
5. Buy your home.
Your home can be one of the best investments you will ever make. There are many advantages in owning your own home. If you follow expert advice and buy in the right area, at the right time your investment could pay for itself many times over.
6. Insurance and superannuation.
You should protect your investments. Insurance is essential once you begin to have assets. You do not want to risks everything for the sake of a few dollars. Get expert advice on the types of insurance available and get insurance tailored to your needs. Always make sure your policies are updated every time they come up for renewal. Superannuation is important for your retirement. You do not want to work forever so you …