The Cost of Quality?

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Does it really save you money to buy the cheapest stuff available? It may seem so in the short run, but when the cheap stuff wears out so quickly, you ending up buying a replacement much sooner!

Let's use shoes as an example. Several years ago Frugaldad would go to the shoe store, buy a $30 pair of sneakers, and wear them to work every day. After only a few months they would wear out. The fabric would tear, the rubber soles would crack, and he'd have to go out and buy another pair.

A few years ago he decided to try a different approach, and he went to more expensive shoes. These would cost between $60 and $80 a pair and would last at least a year. So while it seemed that he was spending more on shoes, one pair was lasting as long as two or three pairs of the cheap shoes so the cost was at least the same, or less.

Then he tried again. It was always the fabric on the cheaper shoes that would wear out first, so he bought a pair of all-leather sneakers that cost almost $100. Almost three years later, these shoes are finally starting to wear out. So for the cost of 3 pair of the cheapest shoes, they lasted 9 times as long.

So sometimes, it seems that buying the cheapest thing is the best idea, but not always!