When ‘Going Cheap’ Is a Bad Idea

Sourced from https://www.thesimpledollar.com/when-going-cheap-is-a-bad-idea/

I usually go “cheap” when I’m spending money on things for myself or for my family. I aim for very low cost and healthy foods – I aim for spending less than $100 a week on food and household items for my family of five while still having healthy meals for all. I buy store brand versions of a lot of things. I rarely splurge on expensive items. I only buy clothes when they’re on sale, usually when clothing stock is getting rotated out at the end of the season.

Having said that, over the years, I have found that there are some things that I don’t skimp on.

“What stuff don’t you skimp on?” you might ask. “When is it a bad idea to go cheap?”

Don’t worry, I’ll get there and provide a list of items that I don’t skimp on for you, but first, I want to offer up my general rule on things you shouldn’t skimp on:

If you use an item every day AND you can identify specific features… Read More

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