Tell Me Where You Won’t Skimp

Tell Me Where You Won’t Skimp

I fully admit that I can be a frugal person. I am NOT cheap, but I can be frugal and I think that is a good thing, particularly when you are trying to save money for your future, pay off debt, etc. By frugal I don’t mean finding a great deal and just buying something because you have a great deal. I mean that you actually think about a purchase, buy it out of necessity and try to find the most economical option you can. I admit I am not a fashion maven. I really don’t care about buying designer clothes, having a BMW, or even buying the best name brand products in basic consumer goods (e.g. Crest toothpaste vs. a more generic brand). If that makes me a cheapskate so be it but I choose to spend my money elsewhere.

Inspired by a post from Mr. 1500 I want to talk about where you might not be frugal where you are willing to pay extra or top dollar for a particular item. There aren’t many for me, but I do have a couple.

First, I won’t skimp on a good suit. I find that when I buy suits I buy classic brands and cuts that will fit me for a while. I am not a fan of the trendy suits that have four hole buttons in the jackets and the like. I am a fan of a classic grey or navy suit that can look good. I still have suits that are five years old or more that I wear because they are classic. I don’t dress up that often for work, but when I want to buy something new in terms of a suit I am more than willing to pay good money for it. The only reason I would move up or down is because my weight changes and that is a problem in of itself (I’m working on it).

Second, Mrs. ROB convinced me of this one: good furniture. We recently furnished our home and our continuing to furnish our home with some pretty good furniture. By pretty good I mean the structure of it is really solid. In other words, we didn’t go to the local furniture store and buy the cheapest item. My father-in-law was in the furniture business for years and taught Mrs. ROB a thing or two about buying good furniture. Some things that Mrs. ROB looked for couches that were 8 way hand tied, solid hardwood frames that were doweled not glued. I learned a lot from her when we were buying furniture and she convinced me that the construction of living room furniture can be more important than price.

I am not saying you shouldn’t buy less expensive furniture if you are on a budget. However, if you can afford it buying a solid wood, hand-tied, doweled couch is well worth it. Now we also didn’t spend millions of dollars on our furniture. Mrs. ROB is fantastic at finding bargains. But we did spend a little bit more than I thought initially, but this stuff will last us probably a decade or two. Not a bad investment if you ask me.

FInally, I don’t skimp on good wine. There are plenty of great wines out there that are inexpensive. Believe me I hunt for them, tried them, and drank them. But there are also some great wines out there that are a bit more expensive and well worth drinking. I am not talking a Chateau Lafite-Rothchild (that would be great) but I am willing to spend a bit more money to get a really good bottle of wine. Again, that doesn’t mean we don’t bargain hunt. The vast majority of the wine I drink is around $10-$12 a bottle. But I don’t buy wine just because of that. I buy good wine based upon reputation, Wine Spectator points, etc.

So tell me what are some items that you are more than happy to pay a bit extra for and why?

2 thoughts on “Tell Me Where You Won’t Skimp

  1. Food is one thing we don’t really skimp on. We don’t go out for fancy dinners or anything like that, but buying good quality meats, free range chicken, and vegetables are all worth it to me. I’ve been through phases where I’ve tried to eat super-cheap (which also meant super-junky!) and it’s just not worth it – it just makes you feel terrible and then everything else in your life gets affected. But I must admit, it was only since I met my wife that she drove me down this path! (for which I’m very grateful!).

    1. Food is an excellent example. Both Mrs. ROB and I are trying to get healthier, but we need to do a better job of cooking, which is weird because my wife is perhaps the greatest cook in the entire world. I would rather eat her cooking than anything else. The big problem we have is that if Mrs. ROB is going to cook she is going to go all out and spend a bunch of money on one meal. So it is great, but we need to do a better job of just living with basic staples instead of filet mignon every night (although that would be nice).

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