Can You Save Money by Spending More?

Recently, on a hot and muggy day, my wife and I were letting our kids run through the sprinkler. I disconnected the spray nozzle from the hose, hooked up our sprinkler, and turned it on. Everything was fine at first. Our oscillating sprinkler made it from one side to the other, but something wasn’t quite right. Normally, after a pause, it’ll make its way back to the other side; but not this time. The sprinkler turned upside down and stayed there, soaking the grass underneath. I was more than frustrated. After all, this is our second oscillating sprinkler that has broken within the last year. We bought these sprinklers last summer after we found a great sale and figured we’d save money by buying the cheap kind. One didn’t make it through last summer – the other just quit on us! You Get What You Pay For Here’s the point, if you continually buy the cheapest items possible, more than likely you’ll have to regularly replace them. This can actually end up racking up more money than if you would’ve just sprung for a little more expensive, yet more reliable version of what you’re looking for. It’s too bad that we often think we’ll become a millionaire if we skimp on items and save every penny possible. But, the old adage, “You get what you pay for” rings true. I’m all for getting good deals and saving money, but I need to realize that sometimes it costs less over the long run to just upgrade a product. Whether you are looking for a car, clothes, a house, furniture, appliances, or even an oscillating sprinkler, it is far better to buy something good in quality and make it last for a long time. How Do You Know if You’re Buying Quality? Here’s a few things to help you know if you’re getting good quality items: Product Reviews. I love the reviews on Amazon and other sites. I always check the worst-rated reviews first to see if there is any validity to them. Those have steered me away from products a time or two. Consumer Reports. This is a great subscriber magazine and worth ponying up a little cash to receive. Every year, they list the best and worst of any product you can imagine. You can really get an inside view of products, especially vehicles with their in-depth reviews! Word of Mouth. Ask around and talk to friends and family who have the products you are looking into. They are typically the best source to hear honest opinions about what you’re looking for. Social Media. Social networking has become a great tool to find out (in real time) what the thoughts of products are from people you know (and many you don’t). Talking to people who have spent time with a particular product, used it time and again, and have personal experience with it is a great way to learn what to avoid. You can get an inside view of what to watch out for, items to simply steer clear of, or ones that definitely require some upgrading. What Items Should You Upgrade? Purchasing good products that are a little more expensive is a tough thing to do, especially if budgets are tight. Although I spent time at the beginning of the article harping on cheap sprinklers, items I really think you should not skimp on are things that get used often or require expensive maintenance. For example, it’s best to spend a little extra on: Appliances Mattresses – this is the best investment one can make, in my opinion. Vehicles Lawn mowers Electronics Cameras What items do you think are essential to upgrading from the very beginning? Related Articles: The Differences Between Cheapest vs. Best Value Get paid from ePinions.com 8 Tips To Save Money On Your Christmas Shopping The Online Shopper’s Toolkit 8 ways to save money on babies and toddlers Save money on your Wardrobe Save money on car depreciation Jason writes at Redeeming Riches where he helps others Restore Their Money and Renew Their Minds . If you want to learn how to save money be sure to subscribe to to catch more of Jason’s posts! The articles on this site are for entertainment purposes and should not be taken as financial advice. Please contact a financial professional for specific advice regarding your situation. Also, many of the CPF articles help us pay the bills by using affiliate relationships with Amazon, Google, eBay and others. Find out more here .

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Can You Save Money by Spending More?

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