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To distress your furniture, gather together some hardware and tools. Here are some example of what to use: Hex bolts tied on a wire, a wire brush, chains, nails, screws, hammer and chisel. Practice distressing on scrap wood before distressing your furniture piece.
Mix one squeeze of universal tint into the wood stain, and use a brush to apply it to the entire piece. Let dry thoroughly. This latex stain mixture dries fast and isn't as toxic as oil. It also seals the wood so it can be painted later.
Mix eight parts of black paint with one part water and sparingly brush the mixture on with the grain of the wood where desired. The brush should be practically dry, which will mean less sanding for an antiqued look later. Let dry.
Mix one part of your first latex paint with one part glaze and one part water. In another container, mix one part of your other latex paint with one part glaze and one part water. Lightly brush the colors onto the same areas as desired.
Once dry, use sandpaper (or a wire brush in hard-to-reach areas) to remove portions of the paint and stain in areas you'd expect wear and tear to be.
Use steel wool and wax to shine/scuff the entire piece, which will add instant age.