10 things worth paying more for
For some of the things we buy, price should take a back seat to quality. Here's why.
This post comes from Angela Colley at partner site Money Talks News.
While that expression certainly seems logical, in modern life it doesn't always -- or even often -- work out that way. For instance, you can pay for brand-name aspirin but get a generic that does the same job for half the price. You can visit an expensive restaurant and have a terrible meal.
But there are situations in life when being penny-wise can be pound-foolish. In the video below, Stacy Johnson shares his top five things worth paying a premium for. Check it out, then read on for more.
Here's the list of 10 things worth paying more for:
But you don't have to pay retail prices to get good tools. Find a brand name you trust and look for it on sale or at overstock stores. I just bought a Le Creuset Dutch oven at Tuesday Morning for 35% less than the retail price.
Look for a car highly rated for safety and reliability, with low maintenance costs. Sites such as Edmunds.com and MSN Autos have tons of information about every make and model. Then find one used. On average, the value of cars depreciate 45% in five years, according to ABC News. Let someone else pick up that tab -- and buy their car for less.
Where you live. Where you live matters. I bounced all over New Orleans for years because I rented based on price and not location. Now I've found my ideal neighborhood. I still got a deal on my rent, but I do pay more than I did to live in less-desirable neighborhoods.
Quality service. Paying more sometimes gets you better service. I switched from a higher-priced cellphone company with great customer service to save $30 a month, and the new customer service was a nightmare. Read online reviews. Once you've found a highly rated company, go to its website and look for special deals.
Electronics. While off-brand electronics may work fine at first, they often won't last as long or come with as good a warranty as many brand-name electronics. Fortunately, electronics retailers love having sales and the Internet is full of bargains.
What about you? Are there things you're willing to pay extra for, or do you always try to find the lowest price on everything you buy?
More on Money Talks News and MSN Money:
- The 10 golden rules for saving on everything
- 6 tips for buying a rental car
- 6 questions to ask before you do it yourself
- Frugal or cheap? 5 ways to tell
- 15 items worth spending more for
- Calculator: How much vehicle can you afford?
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