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Have you ever purchased something cheap for the sake of saving money, only to have it come back to bite you?

It’s easy to fall into the trap of spending the least amount possible, especially if you’re still living like a broke college student, but it’s not always the best choice for your wallet.

If you’re convinced that saving money is the only way to go, and that rock bottom prices are the best, this post is for you.

Let’s take a look at why it pays, literally, to focus on quality over price.

Cheap Stuff Breaks…A Lot

Think about any purchases you’ve made in the past that you thought you got a good deal on, only to have them break or fail within a year.
This could be anything from clothes, shoes, tools, appliances, or even cars.

One of the biggest offenders is clothes. There are many people who argue buying quality clothes that will last you for the next 10 years is worth the price.
After all, if you’re buying $5-$10 shirts that only last a year (or less), you’re spending more money every time you have to replace them.

What about small appliances? Say you opted for a cheap $70 knock-off Keurig machine because you didn’t want to spend $130 on the real thing.
Then it breaks after 10 uses.

You might find yourself wishing you had purchased the real model to begin with.

Should we even talk about cars? Buying a really old used car without any knowledge of how to repair it can be a dangerous bet. Before you know it, the car could become a money pit. Turns out you were probably better off buying a slightly newer used car for a couple thousand more.

Cheap stuff is cheap for a reason, plain and simple. Most of the time, corners are cut in production, and cheap stuff isn’t made to last. It can become a cycle of going back to purchase the cheap thing over and over again because you’re “saving money.”

Quality Items Actually Cause You to Spend Less

Most of the time, if you opt for quality items, you’ll pay less overall.

Going back to the clothes example – if you focus on cheap over quality, you’ll be replacing your clothes. A lot. Cheap fabric is prone to ripping and being ruined in the wash.

Would you rather spend $200 a year updating your wardrobe to replace items that have been destroyed, or would you rather spend $600 once every 3-5 years and buy classic clothes that will last?

I know it’s easy to get caught up in the moment and get starry eyed at a deal. I’ve been guilty of buying cheap things many times because I can’t bear to part with large amounts of money in one shot.

However, you need to take a long term view of your finances. Look back through your purchase history and see how much repeat purchases are costing you. Break down the cost per use when thinking of buying quality to lessen the blow. When you run the numbers, you’ll probably discover quality comes out ahead.

Going with Quality Means Less Hassle

How annoying is it to have to replace something on a yearly basis? Or even more frequently?

It’s tiring, especially if something breaks right after the warranty has expired (that always happens, right?).

We’re out of luck, and our money is down the drain.

I saw this happen quite often in my family because we were all about saving as much money as possible. Sometimes, we didn’t have a choice, as we couldn’t afford the quality option.

However, it was frustrating to watch as things kept breaking. I remember lawn mowers, cars, technology, and shoes being an issue.

It was like a never-ending cycle, and we were always waiting for the next thing to go.

This can easily lead to unnecessarily having to spend your emergency fund, and it’s also an emotional and mental drain.

One could argue that if you’re handy, you can repair cheap stuff or improve it. Yes, that’s true, but is it worth the time and effort?

My dad is extremely handy. There’s nothing he won’t try and fix. I remember him taking the back panel of our TV apart one day to investigate why the picture had gone bad.

But he’s not the most patient person, and when things are constantly breaking and needing to be repaired, he’s not very happy.

Save your sanity and splurge when it makes sense to do so.

Do Your Research

Of course, it’s important to still do your research. There are some brands out there that try to present themselves as quality, but aren’t.

You don’t want to spend a lot of money on something that’s just as bad as cheaper brands, but is disguised as fancy.

My most basic rule of making a purchase, especially when it’s larger, is to read up on reviews.

Sure, they’re not always 100% reliable. That’s why I try to look for products on Amazon that have a large number of reviews, this way there’s a more reliable sample size.

If it sounds good, I’ll look at reviews on other sites as well. I’ll review the warranty if the product comes with one, and I’ll compare all my options.

Sometimes, you can get away with a cheaper option, and sometimes, cheaper doesn’t mean absolute garbage.

Price isn’t always indicative of quality.

Do your research, ask friends and family if they have recommendations or first-hand accounts with the product you’re looking for, and make sure you’re going to get a lot of use out of whatever it is you’re buying. It might not make sense to splurge for quality when it’s going to be sitting in your basement or garage most of the year.
No matter how frugal you are, or how much you might want to save money, spending more on quality can be worth it. Don’t just think of the immediate savings – think of the savings you’ll experience for the next few years as well