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Monday, September 26, 2011

Avoid False Thrift - Know When to Spend More

By Jill Florio

Buying things cheaply is only half of the thrifty living equation. There comes a time when too many cheap goods simply equals clutter, and often, those cheaply made products fall apart too quickly, limiting their useful lifespan.

With many products, the most frugal perspective is to take a look at the quality of the item, and to think about how often you will be using it.

False Thrift is when you buy something that is available at the cheapest price, without looking at the quality of the thing in question. How long do you want something to last? How many uses do you plan to get out of it? Would you like to make this your last purchase of this type - and maybe even pass it down to your heirs? For example ....

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"Simplicity of living, if deliberately chosen, implies a compassionate approach to life. It means that we are choosing to live our daily lives with some degree of conscious appreciation of the condition of the rest of the world." Duane Elgin