When it comes to saving and splurging, many people aren’t sure which items are worth the full price and which they can be cheap on. Knowing which items to save on will help you spend less money without sacrificing quality. Read on to discover three items to save on and three items to splurge on.
1. Cars. Buying a used car will save you thousands of dollars. Make sure the car was well taken care of and buy it from a reputable source to minimize any hang-ups you may encounter.
2. Clothing. Buying used clothing or off-brand clothing is a great way to save money. Often, you can find barely used or new items at thrift stores for a fraction of the retail cost. Just be sure to thoroughly inspect the items before purchasing and wash them before wearing.
3. Food. There’s nothing wrong with buying store brands. Store brand foods are less expensive than name brands when you don’t have a coupon, and they can sometimes be made at the same facilities as their name brand counterparts. Saving 10 cents per item on a 100 item trip is $10. Saving $10 every week over the course of a year is $520!
1. Safety equipment. You should always buy your safety equipment new to ensure that it hasn’t been in any accidents. Buying above the base model for carseats, protective gear and other safety equipment can make a big difference, so feel free to splurge on safety related items.
2. Under garments. You never buy used underwear and with good reason. Undergarments are very personal items that are designed to add support. You should always splurge on well-fitting, high-quality undergarments to maximize your comfort and help create the most flattering figure.
3. Printers. Printers are the one piece of electronics that it’s okay to splurge on. This is especially true if you use your printer for photos or coupon printing, as a very sharp image is necessary for both uses.
Knowing what to spend on and what to splurge on can help save you thousands of dollars throughout the year. Often, buying a gently used item will give you just as much use and satisfaction as a new item, but buying used saves money. If you’re not sure whether you should buy something new or used, ask yourself if it’s a need or a want. If it’s a need, like a safety item, you should buy it new. If it’s a want, like a new shirt, go for used.