No matter the economy, you don't need a lot of cash to live well. Here are five must-haves that won't break the bank for a luxurious decor:

1. The Perfect Desk Light

No matter what the season a good book is great company, but to enjoy it you need a great desk lamp. Pick something that has style and flexibility. You'll want to adjust the angle for every mood and time of day. 

2. Soft Throw Blankets

A beautiful throw blanket is one of life's essentials for warmth and beauty -- and it doesn't have to cost a fortune. Look for something soft that will feel equally comfortable draped over your shoulders or thrown across your lap. 

3. Oversized Seating

Everyone needs furniture that's beautiful and functional, and nothing quite embodies both those qualites like an oversized chair. Combined with that great lamp and throw, it becomes an island of personal luxury. Pet optional!

4. Fresh-Cut Flowers

Whether cut from your garden or bought at the farmer's market,  fresh flowers in a vase perk up your spirt as much as they do a room.

5. Candleholders & Candles

Whether flickering on the dining table, creating pools of light around a sitting room or illuminating a bathroom, candles are an affordable part of a good and gracious life. They offer instant ambiance with just the right hint of romantic nostalgia.

What are your top five affordable picks for a luxurious home decor?

Photo credits:  Alvehem,  Greige Design, Inspirations Deco, Armas Design, Melenami.