Buying new furniture can cost upwards of hundreds, if not thousands, of dollars.

So how can the frugal-minded save money, without trawling thrift shops and Craigslist?

According to Business Insider, the first thing to do is search online for 'open box' furnishings.

That means furniture that has been returned, has been on the showroom floor, or has been slightly damaged.

Also check out your local overstock store or liquidator. Such companies buy overstock and sell at deep discounts.

Finally, once you have all the basics, be patient and wait for sales for the rest.

You can stack rewards by buying gift cards at a discount, then getting cash back through Rakuten.

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