What Budget Should I Have?
Establishing a Budget is perhaps the most important decision one can make in
purchasing a rug. Two factors are critical – how much can one afford, and how much should one have to spend? The first issue depends on the buyer's
finances. The second issue depends on the type of rug that one requires,
which in turn involves its size, age, quality, rarity, condition, and market
demand. While deciding how much to spend is ultimately based on the buyer's
resources, it also involves a certain degree of learning or education on the
buyer's part – discovering the market cost of the qualities that one is
seeking, and gradually adjusting to realities of cost. One can then decide
to spend more or to settle for less, and to strike a balance among the
various trade-offs. The more realistically one approaches budget, the more
effective or efficient the search for a rug becomes.