Today – Everyday items that are worth investing in
Everyday items that are worth investing in – some top tips
There are something that just gobble up money. I’m not talking about mortgages, petrol, school shoes and holidays I am talking about the really small stuff that seems to make money disappear.
Buying with thought and foresight can make a big difference to your expenditure in the long term.
Examples of everyday items worth investing in
Let me give you an example. On of my absolute pleasures in life is coffee . Investing in a £10 cafetiere to make myself nice coffee has paid for itself probably 100 x over these last 10 years. I get the coffee I love but without coffee shop prices. Which lets be honest are so expensive but also provide the croissant and cake temptation too!
Another example of buying the right item to save yourself money is rechargeable batteries. Worth their price over and over. My children’s toys seem to bloomin’ devour batteries and batteries aren’t cheap to keep replacing! Rechargeable is the way to go if you are watching your pennies.
Bus passes can be well worth the expense if you travel regularly. Good shoes do last. Real shopping bags don’t split and last years.
It’s just about working out value long term, thinking of the initial outlay as an investment.
Its also worth thinking about this in terms of items you buy for your home. My dinner service has lasted 12 years and was a n investment, a cheap set I bought last year has chips all over it (not the eating kind – I would be just fine with that!)
Clothes are another example of how the cheapest is not always the best buy. School polo shirts, tight elastic, t-shirts all seem to lose their shape and a few pounds is money well spent.
What examples can you think of … of everyday items that are worth investing in?
Further reading
You might also like my post on ways to develop a saving habit
and a beginners guide to investing
I would agree with you on the school clothes and particularly shoes. It’s one area for the children I don’t skimp on, they really need to last.
I think school coats and shoes. I always buy my boys good shoes so they last a whole school year