There are times when saving money can actually cost you more in the long run. Here are a few examples to watch out for. A user asked the forum: What should you never go cheap on? Here are some of the best answers.
EYE PROTECTION
“If you’re doing something where chunks of whatever can come flying at your eyes, it’s nice knowing you won’t go blind.”
COOKWARE
“There’s nothing worse than trying to prepare food a few times a week with blunt knives and cheap pots and pans. Get a real knife (or more) and decent pots and pans.
Get a real cast iron pan, and you’ll thank yourself whenever you use it. It doesn’t cost a fortune and makes life a lot easier.”
MOTORCYCLE HELMET
“You should never go cheap on any sort of safety gear, not just for motorcycles.”
TATTOO
“Never ever bargain the price of a tattoo.”
“Nothing like getting hep and a prison-quality scrawling for a bargain basement price.”
A SUIT
“Having one nice one is a ton better than owning five cheap ones.”
“Always get double stitching on your tailor-made suits.”
PENS
“I hate the cheap no-name brand ones that feel like they are grinding on paper and don’t apply the ink evenly.”
CAR PARTS
“Car parts and maintenance, especially regarding brakes and tires. When piloting a 3,000 lb hunk of steel, plastic, and rubber down a 10′ wide strip of tarmac at 65 mph, you don’t want your fate hinging on a $40 part with no quality control or worn tires.”
PLASTIC SURGERY
“Don’t make the same mistake I did and go to a hack for hair transplants. You’ll end up having to pay someone more qualified to fix the issue the hack created.”
RUNNING SHOES
“I’m a runner, and some people just don’t get this, but SHOES! Invest in good running shoes–go to a running store and actually get fitted for a decent pair. You’ll have less injury and better performance.”
MATTRESS AND BED
“My grandfather always used to say, ‘If you’re going to spend money on something, spend it on your bed and your shoes because if you’re not in one, you’re in the other.’”
“You will spend years sleeping on your bed. Make sure it’s a good one.”
HEADPHONES
“They really are an investment. Save some money, do some homework, and buy some headphones at a store. Yes, a store. If you are dead set on buying, the salesman will pick up on it and pull inventory for you.”
TOOLS
“The cheap ones break, aren’t as durable, not as user friendly. In the long run, you’ll save money by spending less time on the job at hand and not having to buy replacements.”
LASER EYE SURGERY
“I always crack up when I hear those ads on the radio where they’re like “Lasik laser eye surgery is now 50% off! Cheaper than all the competition!” We’re talking about my vision here. I’m not looking for a good deal.”
PERFUME
“There is nothing worse than the smell of drugstore perfume, and I will eat uncooked Ramen before I give up my Tom Ford.”
MUSICAL INSTRUMENTS
“If you want to learn how to play, get something that’s designed to be a pleasure to play. If your guitar feels cheap, isn’t solid, and has to be readjusted to make it comfortable to play continuously, you won’t want to play it. Same with keyboards without weighted keys and horns with bad action.”
OFFICE CHAIR
“If you spend a long time at your computer or desk, get a nice office chair so you are sitting with good posture. Poor posture will cause you more pain and trouble as you get older.”
HEALTH INSURANCE
“The number of healthy people I know who skimp on health insurance, and then something major happens, and they can’t afford the high deductible… it makes me sad.”
TOILET PAPER
“This can never be said enough…toilet paper. It makes my day either happy and luxurious or itchy and dry.”
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Anika Jindal
Anika is a CPA and founder of What Anika Says. She shares simple and actionable frugal living, money management and money-saving tips to live a debt-free financially independent life. She has been featured on popular websites like Bankrate, Forbes, Mint ,and Authority Magazine. Byline: MSN