In these economic times, saving money is a top priority for so many people. However, sometimes saving money can be easier said than done. As a result, families that are looking for ways to cut costs are often forced to do so by sacrificing high quality for a low price. But as you will see in the rest of this post, sometimes it’s the expensive item that will save you more money.
The idea behind saving money by going with higher cost goods is that there are some things that have a higher upfront cost but that save you money over time. Sometimes it’s better to save up and purchase an item that’s more expensive but has higher quality, than it is to make a cheaper purchase that will have more problems than the higher quality goods.
This concept not only applies to food and other perishables but also to clothes as well. For example a quality made piece of clothing can stand up better to repeated wear and will help in saving money because you won’t need to replace them as often. Some appliances that will save you money on your electric bills may cost more upfront but also save you money in the long run.
Of course there are always exceptions. For example, if the reason that the seller is offering their products at reduced rates is because they’re encouraging you to buy in bulk you can actually save money both in the immediate term and over longer periods of time.
If you choose to buy in bulk just remember that initially your costs will increase because you’re buying in larger quantities. However, you’ll reap the savings in two ways 1) you’ll pay a lower price per item and 2) you’ll end up reducing the number of trips that you would have made to the store had you only bought enough to meet one week worth of needs.
It’s also worth noting that the bulk strategy only makes sense if you have enough space to store the items and if you know that you’ll use them before they go bad.
Another exception to the rule that allows you to save money in both the long and short term is purchasing clothing from Rock Bottom T-Shirts. In fact, this makes us very unique. Because on the one hand we offer near wholesale pricing on blank casual wear for the entire family and you don’t have to buy it in bulk! Yet on the other hand, you’ll find that our products are top quality items that last.
Do you have any questions or comments that you’d like to add to this topic? You’re invited to share your feedback by making a comment. Alternatively, you may tweet this post to your Twitter followers or share this with your friends on Facebook!