While we may try to scrimp and save money on groceries, luxuries and impulse buys, there are certain purchases we make where spending more makes sense. Here are a few examples where going cheaper may cost you more money in the end:
Appliances (And Other Big-Ticket Items): Appliances like washers and dryers, refrigerators, and such take a big bite out of budgets, it is true. But it may make more sense to buy the quality and more expensive versions of these items than their cheaper counterparts which may break down sooner and easier, resulting in expensive repair bills or even replacement costs for a new item.
Food: I know, we all try to save at the grocery store and this is a good thing, as long as we are still making healthy food choices, This also means skipping the fast food drive-thru because it is cheaper and easier to buy dinner there than it is to go home and cook. Just remember that bad eating choices can lead to health problems later that can be very expensive! So while you may spend more cooking that turkey burger at home with some fresh veggies on the side than you would buying a fast food burger with fries and a coke, the health benefits far outweigh any savings that high sodium meal provided.
Shoes: (my favorite item on the list) Buying a god quality pair of shoes may hurt a bit at first, but remember they are much more likely to outlast any cheap pair by years. Not to mention they will also be more comfortable and lead to less sore feet, bunions, callouses, etc. When they do get a bit worn --just take them in to get re-soled!
What are some purchases you will not scrimp on?