Author Topic: Things that are worth the money  (Read 24074 times)

KBecks

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Things that are worth the money
« on: March 09, 2014, 09:26:03 AM »
I started making a list of "things that are worth the money"

So far…

-- raspberry plants and seeds for the summer garden.  We will reap veggies and fruit that are worthwhile
-- I want to try an LED light bulb and change over to this kind of lighting to save electricity.

I am also hoping to buy a used ping pong table on Craigslist for the family.  Needed, used furniture at 1/2 price or better seems like a good thing.  Good warm down blankets also seem worth it for us.


SunshineGirl

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Re: Things that are worth the money
« Reply #1 on: March 09, 2014, 09:29:23 AM »
Big trees vs. small trees when you've got something ugly you want to hide. Fruit trees!

Gray Matter

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Re: Things that are worth the money
« Reply #2 on: March 09, 2014, 09:34:11 AM »
Kids and dogs.  Most days.

horsepoor

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Re: Things that are worth the money
« Reply #3 on: March 09, 2014, 09:35:38 AM »
Craigslist weight set and running shoes.  No gym membership fee required.

My homemade greenhouse.  Allows me to extend the growing season, and I should be eating greens and radishes from it weeks earlier than planting outside.

Good technical material running clothes - see above - gets me out the door in almost any weather.

Quality tools that let you DIY.

Also, quality cookware that makes scratch cooking easy and enjoyable.

mom2_3Hs

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One of my problems with ER is that I want to enjoy NOW.  We have three kids, ages 5, 9, and 11.  I want to be able to do things with them now, even if that means not retiring as early.  I will never have their childhood years back, and neither will they.  So we travel with them (including having a non-Mustachian mini-van for sanity's sake during such travel), spend money on lessons to nurture their interests and talents, and pay a little more for a house in a good school zone (which in the long run means we save, as we don't have to pay private tuition).  It also means I have said no to extra responsibilities at work because it would take away from family time, so I might not have progressed up the ladder (and pay scale) as fast as I otherwise might have.  BUT we eat at home a lot, shop at Aldi, don't buy crap or brand names, etc.

How about you?  what are your splurges or not willing to spend less on categories?

soccerluvof4

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Were very similar. We have a 15,13 10 and 8 year old all in soccer and the oldest 3 travel all over the country competing. We turn this into entertainment, family time etc..We have become (not what i ever imagined) a soccer family and would give up a lot to keep that lifestyle. We also have ridiculous housing costs to be in a school system where in but that again is something for now were not willing to trade. Sams and Aldis for us and we don t do much other stuff so those are our 2 biggest costs. Sports and housing. We have become a lot Mustachian over most of the other things but believe at least for us some give and take supports that.

newideas2013

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Re: Things that are worth the money
« Reply #6 on: March 09, 2014, 12:36:13 PM »
jack and stands you trust for working underneath your car

arebelspy

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Re: Things that are worth the money
« Reply #7 on: March 09, 2014, 12:44:49 PM »
[Mod Note: Merged duplicate topics: "Things that are worth the money" and "What are your splurges/things you're not willing to compromise on spending?" that were created the same day.]

Also, anyone interested in this topic may want read earlier discussions such as this one:
https://forum.mrmoneymustache.com/throw-down-the-gauntlet/things-you-value-more-than-money/
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tomq04

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Re: Things that are worth the money
« Reply #8 on: March 09, 2014, 09:23:17 PM »
Things that are worth the money:

Good knives, a good bed, good wife.  In no particular order, but don't tell my wife that.

warfreak2

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Re: Things that are worth the money
« Reply #9 on: March 10, 2014, 04:59:36 AM »
I don't see the purpose of the knives in your scenario.

MrCash

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Re: Things that are worth the money
« Reply #10 on: March 10, 2014, 10:27:26 AM »
I don't see the purpose of the knives in your scenario.

Yes, this seems a little foreboding.

jscott2135

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Re: Things that are worth the money
« Reply #11 on: March 10, 2014, 10:42:22 AM »
I second that good knives thing!  But I would say almost anything kitchen related is worth the money to me...not frivolous gadgets of course, but good cookware, knives, Dutch oven etc.  You get so much more longevity out of them when they are good quality!  Good bed and good clothes, by which I don't mean fashionable, but will wear for a long time.  Also good tools if you're into DIY.  And good food, organic etc.  This one is the most important to me.

Also I ashamedly admit, good makeup and good booze...hey we all have our vices

jjquantz

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Re: Things that are worth the money
« Reply #12 on: March 10, 2014, 12:31:14 PM »
Live opera and live music in general.  There are ways to do some of this on the cheap, but world class performances are worth spending some money on.

avonlea

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Re: Things that are worth the money
« Reply #13 on: March 10, 2014, 12:48:55 PM »
Live opera and live music in general.  There are ways to do some of this on the cheap, but world class performances are worth spending some money on.

That's true.  I think that supporting the arts is important.  We are guilty of pretty much only attending free musical performances, but we happily pay to see family-friendly plays put on by the local theater company. 

fallstoclimb

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Re: Things that are worth the money
« Reply #14 on: March 10, 2014, 12:58:29 PM »
Supporting local, ethically-grown sustainable agriculture.  We just dropped $600 to sign up for a CSA and I feel so good about having spent that money.  Over the long run (24 week harvest, produce enough for 4 adults) it's not a bad deal but even if it were I think it's important to support ethically-grown food over factory farming. 

GuitarStv

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Re: Things that are worth the money
« Reply #15 on: March 10, 2014, 01:06:41 PM »
For the many people recommending a good bed . . . I slept on the floor of my room from about age 13 to my mid 20s because it was more comfortable to me.  Although the wife now requires that we sleep in a bed, and the new bed is comfortable my sleep is not better in any way.  I don't understand the 'good bed' argument at all.

Ambergris

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Re: Things that are worth the money
« Reply #16 on: March 10, 2014, 02:07:45 PM »
I actually think this is a really interesting topic, since I just finished reading Schor's "The Overspent American".  In it she discusses a variety of studies that suggest that people's judgments of quality are hopelessly bad, and most can't tell the difference between items once you switch the name brands around.  Indeed, the studies seem to support the view that people substitute name brand for quality, whereas in practice clothes, makeup, food and many other items are manufactured at the same or very similar plants using the same procedures and have no real "quality difference".  Indeed, people hide status related preferences under their claims about "quality".

I've been examining my own responses to brand names.  With food I've known for years that almost all generics are just brands with a different label slapped on the can or package.  It's something of a game with me to figure out which generic is which brand.  I've even been told, for example, that virtually all pasta in the US is manufactured at the same few facilities, regardless of brand.  But I've also been trying to see if I can detect honest quality differences between cheap and expensive store brand clothes (especially since I know something about sewing).  The answer is, for simple items like t-shirts, skirts and sweaters I can tell very little beyond fabric weight, preshrinking and seaming style (seam types; how many seams are properly finished, for example).  I couldn't tell much quality difference in construction between clothes bought at say, Kohl's and LL Bean. I've never bought genuinely high end clothes, so I'm not sure what I'd see there.  I'd be willing to bet it would be minimal in anything simple and "off the rack", except for clothes that are made of super high end fabrics, e.g. Harris Tweed, and in suits and other harder to construct items or truly bespoke pieces.

If this is the case, then it seems a Mustachian principle must be to make sure that price or brand differences really are quality differences.  The quality differences must also be relevant for our purposes (e.g. how important is cut verses longevity in clothes for a Mustachian?)

What constitutes real quality and how is it to be identified?  Does anyone here actually know why they think certain products are higher quality?  BTW, this is actually a serious question, not an accusation of non-mustachian-ness!
« Last Edit: March 10, 2014, 02:19:58 PM by Ambergris »

MrCash

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Re: Things that are worth the money
« Reply #17 on: March 10, 2014, 02:22:35 PM »

What constitutes real quality and how is it to be identified?  Does anyone here actually know why they think certain products are higher quality?  BTW, this is actually a serious question, not an accusation of non-mustachian-ness!

I would say that reviews could be a good indication of quality, but I wonder how much brand influences them.

Ambergris

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Re: Things that are worth the money
« Reply #18 on: March 10, 2014, 02:28:36 PM »

What constitutes real quality and how is it to be identified?  Does anyone here actually know why they think certain products are higher quality?  BTW, this is actually a serious question, not an accusation of non-mustachian-ness!

I would say that reviews could be a good indication of quality, but I wonder how much brand influences them.

Exactly: if people in general are not good at detecting quality, and get influenced by brand and so on, then why would reviews be helpful?  Plus, reviews tend to be biased in that not everyone who buys a product reviews it, and they are much more likely to write a review if they got a bad apple.  They also tend to be more useful, I would think for effectiveness rather than durability (since they tend to be written shortly after products have been purchased).

MrCash

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Re: Things that are worth the money
« Reply #19 on: March 10, 2014, 02:35:41 PM »

What constitutes real quality and how is it to be identified?  Does anyone here actually know why they think certain products are higher quality?  BTW, this is actually a serious question, not an accusation of non-mustachian-ness!

I would say that reviews could be a good indication of quality, but I wonder how much brand influences them.

And recently I heard an ad on the radio about a service that will remove bad review for small business.  This is mildly infuriating.  I felt like online reviews provided a reliable way to separate the good from the bad, but with services like these it feels like there is no longer any credibility.
Exactly: if people in general are not good at detecting quality, and get influenced by brand and so on, then why would reviews be helpful?  Plus, reviews tend to be biased in that not everyone who buys a product reviews it, and they are much more likely to write a review if they got a bad apple.  They also tend to be more useful, I would think for effectiveness rather than durability (since they tend to be written shortly after products have been purchased).

Ambergris

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Re: Things that are worth the money
« Reply #20 on: March 10, 2014, 03:20:29 PM »

What constitutes real quality and how is it to be identified?  Does anyone here actually know why they think certain products are higher quality?  BTW, this is actually a serious question, not an accusation of non-mustachian-ness!

I would say that reviews could be a good indication of quality, but I wonder how much brand influences them.

For clothing, since that's what I know:

1. Are the seams straight? Are they finished? How much allowance is there for letting out seams/hems.
2. Has the fabric been cut on grain?
3. How thick is the fabric? Does the fabric drape?
4. What is the fabric made from? Not all fabrics are created equal.
5. How will the fabric wear? Will it pill?
6. Is the garment well cut? Is the jacket lined? Did someone take the time to put bust and back darts in correctly? Is the sweater fully fashioned to narrow at the waist?
7. Is the fiber long or short staple? Is it a good quality of the fiber or a shoddy one?
8. Is the weave/knit appropriate for the thickness/thinness of the yarn?

I can tell what from quality clothing, though brand is, at best, a guideline. I have a Marc Jacobs silk dress that originally retailed for $1200, and while it's a nice dress, it's not worth that, and I paid a tiny fraction of that. On the other hand, I have a Scottish cashmere cardigan that's fairly old and was worth every penny. I got in on Ebay for a song, but it's thick and plush, and wholly unlike even the high end cashmere on the market today.

This is a brilliant list, thanks!  A couple of those didn't occur to me, like being correctly cut on the grain.  The other issue is how many of these are likely to result in durability, rather than appearance issues?  I would have thought fabric wear and pilling, long vs short staple fibers and seam finishing were most important.  You clearly have more clothes construction experience than me - what would you say?

Also, do you tend to notice a lot of differences between medium brand clothes and lower end, or is it just obvious between the Walmart and the Mike Jacob clothing?

Rural

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Re: Things that are worth the money
« Reply #21 on: March 10, 2014, 07:03:40 PM »
What constitutes real quality and how is it to be identified?  Does anyone here actually know why they think certain products are higher quality?  BTW, this is actually a serious question, not an accusation of non-mustachian-ness!

Tools and appliances: Made of good, quality metal, limited moving parts, no electronic parts. Good cast iron is thick, heavy, smooth not pitted.

Needless to say, very few of these qualities are available in new products, so most of what I buy when I have the choice is used. The "no electronic" gets me the low end of appliances, but they last.

Nords

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Re: Things that are worth the money
« Reply #22 on: March 10, 2014, 10:53:22 PM »
I did this poll among my readers a couple years ago, and got the following:
Home gyms.
Pressure cookers.
High-efficiency washers & dryers, which pay off in electricity & water savings.
FoodSaver vacuum sealers.
Yard sales.
Black Friday fabric sales, stocking up on supplies for the entire year.
Farmer’s markets.
Habitat ReStore.
Canning supplies: the jars, a canner, a jar lifter.

My favorite reader response was "My own home."

My personal list is:
Craigslist (we’ll never set foot in a retail furniture store ever again).
Goodwill (our daughter was raised on its clothes, toys, and even shoes).
Garage sales (she was raised here too).
Do-it-yourself skills in the yard, the home, the kitchen, and for car maintenance.
A home gym, for the convenience and its selection of loud classic rock music.
Finally, here’s one that I’ve grown to appreciate over the last decade or so of military retirement: surfboard repair kits.

http://the-military-guide.com/2012/03/12/completely-worth-the-money/

Of course that post was preceded by its bookend topic:
http://the-military-guide.com/2012/02/22/a-complete-waste-of-money/

Bookworm

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Re: Things that are worth the money
« Reply #23 on: March 10, 2014, 11:11:11 PM »
Good knives.  Socks that don't stretch out or fall down.  A good mattress.  LASIK.

EscapeVelocity2020

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Re: Things that are worth the money
« Reply #24 on: March 10, 2014, 11:36:32 PM »
I'll throw out LASIK as #1 (since I love sports and jogging) and a safari (in Tanzania) as #2.  The rest of my life can be ho-hum, but listening to a herd of elephants crushing trees in the night, yeah, I really don't know how to put a value on these two things.

Lorin

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Re: Things that are worth the money
« Reply #25 on: March 11, 2014, 01:01:56 AM »
Organic milk & organic versions of the "dirty dozen" produce.  I'll save my money and buy conventional most of the time, but those are two places I splurge.

innerscorecard

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Re: Things that are worth the money
« Reply #26 on: March 11, 2014, 03:24:48 AM »
(For me only), Apple products. I know I am paying a premium for good design, but I use my iOS products so much that it is money well worth spent. I have tried using Android phones and tablets before, and the frustration was overwhelming.

kittenstache

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Re: Things that are worth the money
« Reply #27 on: March 11, 2014, 04:10:15 AM »
Quality mattresses
Well-made shoes, with good arch support

Fastfwd

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Re: Things that are worth the money
« Reply #28 on: March 11, 2014, 04:55:27 AM »
Anything that makes you money: stocks, real estate
Anything that saves you money: tools, maybe some kitchen stuff

But for me it's mostly about what makes you happy. I spend a LOT of time on my laptop and phone so to me it is completely worth it to spend a lot on those. I could do my work with the company provided laptop and a really basic phone with email; I would not enjoy it.

Gray Matter

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Re: Things that are worth the money
« Reply #29 on: March 11, 2014, 04:59:53 AM »
Quality workbag/briefcase.  I have a bad habit of buying cheap ones, and then the fake-leather straps fray and they look like crap after only a few months, so I buy another.  I am sure I have spent WAY more money over the past 12 years of my corporate life replacing cheap bags.

KBecks

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Re: Things that are worth the money
« Reply #30 on: March 11, 2014, 06:24:16 AM »
Things that are worth the money:

Good knives, a good bed, good wife.  In no particular order, but don't tell my wife that.

This must be because cooking dinner for the wife is good foreplay.

mr. T

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Re: Things that are worth the money
« Reply #31 on: March 11, 2014, 06:40:57 AM »
- Wife and daughter. They're not high-mainenance, but definitely worth spluging on.
- The home. We could live cheaper (also a lot more expensive), but we love our home.
- The car. Technically we probably don't really need it. But last weekend we helped our daughter and her boyfriend move and it is great to be able to help them out moving heavy boxes on short notice (with them, it's always short notice).
- A good matress. A chiropractor is a lot more expensive. And a good matress lasts at least 10 years, so per year it's not that expensive.
- Good food and good drink. It makes you last longer, and it's one of these things that makes life worth living.

MPAVictoria

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Re: Things that are worth the money
« Reply #32 on: March 11, 2014, 08:10:09 AM »
Well made American/British shoes like Allen Edmond or Alden. Will last you a lifetime and look good doing it.

ace1224

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Re: Things that are worth the money
« Reply #33 on: March 11, 2014, 08:59:25 AM »
booze.  it may be franzia but booze makes me happy.  i would never cut it from my budget to save money. 

MrCash

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Re: Things that are worth the money
« Reply #34 on: March 11, 2014, 09:12:56 AM »
A smartphone.  I recently switched to the talk and text only plan with Republic Wireless, but I love still having the smartphone.  I recently tried to text using T9 on someone else's dumbphone and immediately started having flashbacks.  I quickly decided it wasn't worth it and just called the person instead.

Heather

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Re: Things that are worth the money
« Reply #35 on: March 11, 2014, 09:19:52 AM »
When it comes to bread knives, the super cheap grocery store one we just got works great.  So, maybe for a carving knife it's worth going good quality, but cheap serrated knives work fine for us. 

Super worth-it: The razor scooter I got my son from kijiji for $15.  Even at full price it would have been a great deal for the amount of play value.   (Your kid may vary)



HappierAtHome

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Re: Things that are worth the money
« Reply #36 on: March 11, 2014, 06:12:56 PM »
Quality workbag/briefcase.  I have a bad habit of buying cheap ones, and then the fake-leather straps fray and they look like crap after only a few months, so I buy another.  I am sure I have spent WAY more money over the past 12 years of my corporate life replacing cheap bags.

+1

Buying the most expensive handbag I've over owned has turned out to be a real money saver for me. Turns out leather lasts pretty well and holds up to constant use :-)

Breaker

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Re: Things that are worth the money
« Reply #37 on: March 11, 2014, 07:37:14 PM »


What constitutes real quality and how is it to be identified?  Does anyone here actually know why they think certain products are higher quality?  BTW, this is actually a serious question, not an accusation of non-mustachian-ness!

Hi,

I can say that with plastic wrap and the little plastic sandwich bags, I think that there is definitely a difference.  The cheap plastic wrap is hard to handle and often I get it so tangled that I ended up throwing pieces away because of this.  OTOH, while it is really good at clinging to itself, it was very bad at clinging to Tupperware.  As for the sandwich bags the cheap ones are thinner and harder to get a good seal.  Another item is aluminum foil.  The cheap store brands are NOT worth the savings of a few pennies every few months. 

I now buy all of these items at Costco.  They are easier to use and I believe worth the cost.

Jan 

Breaker

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Re: Things that are worth the money
« Reply #38 on: March 11, 2014, 08:04:53 PM »
One thing that is worth the money is Roku.  I have already cut my cable bill in half and once I get used to the Roku am planning on cutting it out completely.  The  cost was about $80.00 and with that I received 6 months of Acorn and since I watch a lot of PBS shows it is great.  I have since discovered that PBS if free on Roku and so are most of the other channels that I watch so I expect that next month I will cut out Dish all together. 

My house is definitely worth it.  I saw someone mention Lasik and that too was worth it.  Most travel is worth the money spent.

Jan

SAHD

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Re: Things that are worth the money
« Reply #39 on: March 11, 2014, 09:47:10 PM »
condoms

MrCash

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Re: Things that are worth the money
« Reply #40 on: March 11, 2014, 10:24:18 PM »
One thing that is worth the money is Roku.  I have already cut my cable bill in half and once I get used to the Roku am planning on cutting it out completely.  The  cost was about $80.00 and with that I received 6 months of Acorn and since I watch a lot of PBS shows it is great.  I have since discovered that PBS if free on Roku and so are most of the other channels that I watch so I expect that next month I will cut out Dish all together. 

My house is definitely worth it.  I saw someone mention Lasik and that too was worth it.  Most travel is worth the money spent.

Jan

How does Roku compare with Chromecast?

RMD

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Re: Things that are worth the money
« Reply #41 on: March 12, 2014, 06:20:02 AM »

Milspecstache

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Re: Things that are worth the money
« Reply #42 on: March 12, 2014, 06:07:56 PM »
Reliable car   (for people that have jobs where you can't be late or for people that shouldn't be stranded)

seanc0x0

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Re: Things that are worth the money
« Reply #43 on: March 12, 2014, 07:35:23 PM »
I second that good knives thing!  But I would say almost anything kitchen related is worth the money to me...not frivolous gadgets of course, but good cookware, knives, Dutch oven etc.  You get so much more longevity out of them when they are good quality!  Good bed and good clothes, by which I don't mean fashionable, but will wear for a long time.  Also good tools if you're into DIY.  And good food, organic etc.  This one is the most important to me.

Also I ashamedly admit, good makeup and good booze...hey we all have our vices

I do 99% of the cooking in our house. Works out well for the DW, and since I consider cooking a sort of hobby, all the better!

One thing I cannot stand is a single-purpose kitchen gadget.  If I can't use it for more than one thing, or I don't do that one thing weekly, it is OUT of my kitchen!

Also for this kind of thing, I find the buy-it-for-life sub-Reddit quite useful. 

MissPeach

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Re: Things that are worth the money
« Reply #44 on: March 13, 2014, 12:52:24 PM »

What constitutes real quality and how is it to be identified?  Does anyone here actually know why they think certain products are higher quality?  BTW, this is actually a serious question, not an accusation of non-mustachian-ness!

I would say that reviews could be a good indication of quality, but I wonder how much brand influences them.

I believe in buying well means buying once. I try to limit the amount of crap and impulse buys I bring into the house and really trying to think things through - even ordering some replacement toiletries. Honestly this is what has bumped my savings more than anything.

I think there are some worth to reviews but they are often influenced by the brand and price too so you need to read between the lines. I see expensive things that are not worth it and I see low end brands deliver some great quality. Overall though I feel quality is getting tougher to find. I am a bit of a nerd so I have no problem reading up how to identify quality in most of my purchases.

I have certain products were I paid a lot more for the quality. For example I bought a top of the line Wustoff knife. I found one knife that could be a chef's knife, break knife, etc. I received as a present some cheaper Wustoff steak knives (which I also use as a paring knife) and scissors - the kind you find in Target and Bed Bath and Beyond. 4 years later my top of the line knife looks brand new and is still sharp. My cheap knives and scissors are dull (even freshly sharpened) and are rusting (even with only hand washing their entire lives).

I have tried to apply similar to most things I own except when I had a good reason to like kids clothing.

MrCash

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Re: Things that are worth the money
« Reply #45 on: March 13, 2014, 12:56:50 PM »
Here's a good post from another PF blogger that I follow which talks about how to find quality items:  Day 13: How to Identify Quality in the Products You Buy

Nancy

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Re: Things that are worth the money
« Reply #46 on: March 13, 2014, 01:07:45 PM »
Ethically/sustainably produced organic local food.

lifejoy

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Re: Things that are worth the money
« Reply #47 on: March 13, 2014, 01:37:42 PM »
Time.

And leather shoes.

MrCash

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Re: Things that are worth the money
« Reply #48 on: March 13, 2014, 01:39:57 PM »
Time.


This one is HUGE, but so often overlooked.

Random

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Re: Things that are worth the money
« Reply #49 on: March 13, 2014, 01:47:39 PM »
I second that good knives thing!  But I would say almost anything kitchen related is worth the money to me...not frivolous gadgets of course, but good cookware, knives, Dutch oven etc.  You get so much more longevity out of them when they are good quality!  Good bed and good clothes, by which I don't mean fashionable, but will wear for a long time.  Also good tools if you're into DIY.  And good food, organic etc.  This one is the most important to me.

Also I ashamedly admit, good makeup and good booze...hey we all have our vices

I do 99% of the cooking in our house. Works out well for the DW, and since I consider cooking a sort of hobby, all the better!

One thing I cannot stand is a single-purpose kitchen gadget.  If I can't use it for more than one thing, or I don't do that one thing weekly, it is OUT of my kitchen!

Also for this kind of thing, I find the buy-it-for-life sub-Reddit quite useful.

So tell us what you have in your kitchen and what you have jettisoned over time as not meeting your criteria.

I keep getting tempted by one of this hand blender things.  A lot of people seem to swear by them.  They always seem gadgety to me (thou I confess I have never used one), and I have managed to get along without one for lots of years.