I recently stopped by a friend's new apartment and was delighted to see how she decorated her bedroom. For a small room she knew exactly what to do with color and furnishings to make it work. The playful red duvet paired with the blue walls and mirrored bedside table made me rethink my overly white bedroom. I would never dream of replicating her room as my own but that doesn't mean you and I can't use it as inspiration...
Here are some similar products to get you started:
Nightstand - Target Glass Accent Table $89.99
Bedside Lamp - West Elm Sphere Table Lamp, $99
Duvet Set - City Scene Branches (Queen) $89.99
Headboard - Ethan Allen Jensen Headboard $649
Paint - Horizon "Pools of Blue" $34.99

Sheex Bedding
Imho, that lamp is way too big/tall for that little bedside table.
i love the blue and warm red color combo! i agree with kat, though. the lamp looks HUGE, but maybe the nightstand is tiny? either way, i think a smaller lamp, or larger nightstand would work better.
i've been looking for a headboard like that for ages! thanks for the source!
imho, that is hardly 'on a budget'. wowi zowie $649 for a head board?! to me, that's nuts.
Beautiful colors!!! Tucking this one away for future change out of color. Thanks for sharing.
I'm with sarajanematazical: that is not exactly what I would consider "on a budget". I do love that headboard, though.
I got the same duvet set in green on Overstock.com for about $60...
Here's the red version.
I like the variety of scale with the table/nightstand. It's unexpected.
I got that same duvet color for like $50 at LNT.com (look for coupons on retailmenot.com and on the lnt.com site...they're doing like 20% off)
i don't like the lamp/table combo. i like them both, just not together- the lamp is bigger than the table its sitting on and i think it looks awkward.
Ditto catmama! Not feeling the oversized lamp - tiny table connection...