Creating an aura of luxury within your living room doesn't need to burn a hole in your pocket. With strategic planning and savvy design choices, you can craft a lavish living space that showcases elegance on a budget. Explore an array of budget-friendly yet high-end home décor ideas to transform your living room into a haven of sophistication.1. Elegant Color Palette: Timeless CharmBegin by selecting a sophisticated color palette featuring neutral tones such as ivory, beige, or soft grays. Th