I was sitting at work today contemplating how I spend my money. Specifically, should I spend more money on a higher quality product in the hope that you wont need to replace it/reduce the frequency of replacement/more easily repairable versus spending as little as possible on a lower quality product expecting that it will break but wont break the bank
To give you an example, I was given a pair of RM Williams boots for my birthday. I have worn them to work every day since I got them and they have lasted well. Compared to the previous pair of shoes I wore to work, which were about $50, they only lasted a year. Now as a self respecting OzBargainer, I wouldn't spend $500 of my own money on shoes, but I'm beginning to see the value of spending more money for quality product if it lasts.
What is your philosophy? Spend more for higher quality, or spend less and be prepared to throw it out in the near future?
Also, what have you purchased (regardless of price) that really surprised you with its quality and longevity?
"Compared to the previous pair of shoes I wore to work, which were about $50, they only lasted a year. Now as a self respecting OzBargainer, I wouldn't spend $500 of my own money on shoes"
You can buy 10x $50 shoes in 10 yrs , VS wearing the same $500 shoes for 10 yrs.