Frugality and financial savviness aren’t always one and the same.
Sometimes, it’s best to go with the cheapest option, especially in this economy. Other times, it’s wise to spend a little bit extra for a quality product that will last longer.
Today we’re going to share eight items that we believe are worth the money to buy:
1. A Quality Mattress
There’s not much in this world that’s worse than going through your entire day feeling tired (except maybe waking up feeling like you haven’t rested well).
The fact is, you can’t replace quality sleep.
Your body repairs and recoups while you sleep, and any disturbance to that process will affect how you feel the next day.
Sleep affects your mental health, physical health, and overall well-being, and if your mattress is old and uncomfortable, your sleep will suffer.
Forking out the extra cash for a high-quality mattress will pay dividends in the long run. Take yourself mattress shopping, try out different mattresses, and find one that you could fall asleep in right then and there.
Then, invest in your health. It will last for years, and you can take it with you wherever you move!
2. Mother Daugther Ring
Some people might consider this a bit too sentimental, while others like me consider this a germ to keep. Mother daughter rings are priceless because it represents the connection between a mother and daughter.
The ring is a beautiful symbol representing the bond between two people who have loved one another for years, decades even. A mother Daughter ring will always remind you about your special connection.
The reason why someone would cherish their Mother Daughter Ring is because it has significant sentimental value as well and therefore priceless.
3. Food and Food-Prep Tools
Getting quality sleep will only go so far if you’re not fueling your body properly.
Quality ingredients will not only make your meals taste better, but they’ll keep your body healthy and your mind sharp.
Preparing your delicious and healthy meals will be a little easier if you have a quality chef’s knife and a multi-use nonstick pan.
With a good slow-cooker, you can prep in the morning and come home to a warm, healthy meal at the end of the day.
Cooking at home will save you money in the long run, and having quality tools makes it more enjoyable.
4. A Safe Car
Many things happen that are beyond our control. This is a simple fact of life, and driving down the road is no exception.
Roads and highways are unpredictable. Just getting behind the wheel requires an enormous amount of faith in other people. Having a car you feel safe in is extremely valuable, but having one you’re actually safe in is invaluable.
If you drive friends and family around, then their safety is in part your responsibility. Spending a little extra money on a safer vehicle will ensure your precious cargo is secure.
It’s better to drive a safe vehicle and not need the extra safety features than to need it and not have it!
5. Solar Panels
Paying a monthly electric bill to an energy provider is becoming outdated. Solar technology is more accessible today than it has ever been, and there’s almost no reason not to invest in it.
Installing solar panels on your home will almost certainly reduce your energy costs and could potentially eliminate your monthly energy bill entirely.
Some energy companies are transitioning to solar and will set them up for free, but they may also charge you for the energy your panels produce.
So, if you’re going to go solar, go all the way.
Money aside, solar energy is better for the environment, and any investment that helps the planet is worthwhile!
Despite its bad reputation recently, cryptocurrency has outperformed most of the stock market in the last year and will likely continue to do so in the future.
The decentralized nature of cryptocurrency allows you to utilize it anywhere in the world as long as you have a wallet and password. Because cryptocurrency is decentralized, it remains impossible for governments to tax or confiscate without the cooperation of the token holders.
So instead of funneling your money into an offshore account through a shell corporation, just invest in cryptocurrency!
IRS tax codes are always changing, though, so be sure to do some research on the consequences or limitations of crypto investments.
7. Insurance for Your Home, Health, and Life
You may not think home or rental insurance is worth it until someone breaks into your home. Natural disasters can strike in an instant and destroy everything you own without apology.
That’s why we think home, health, and life insurance policies are worth the money.
Illness and accidents happen every day to completely unsuspecting people, and you never know when they’re going to cross paths with you next.
Medical bills are much easier to manage when health insurance is a factor, and life insurance allows you to make sure your family is taken care of for at least a little while after you’re gone.
8. Tools and Equipment
Sometimes it’s cheaper to learn how to fix something yourself than to pay someone else to do it for you.
For example, an oil change might cost you upwards of $80-90 at the right service center, but changing your own oil would cost you less than half of that.
All you need are the right tools and know-how, which a quick YouTube search will likely provide.
Purchasing cheaply made tools might end up costing you more money, too. A high-quality set of tools will not only ensure the job will get done, but it will last a lifetime and can be passed down for generations.
Sometimes it’s worth spending the extra money on quality items that will last a long time.
Hopefully, the tips above help you save (or even make) money in the long run!
Caitlin Sinclair is the property manager at Prose West Cypress. With five years of property management experience and many more in customer service, she has a passion for her community and looks forward to making Prose West Cypress the place to call home.