Most of us have a car and spend thousands of pounds per year on paying off the finance and servicing it, but most of us spend less than an hour a day in our cars. On the other hand we spend an average of eight hours a day in bed and typically spend less than a thousand pounds on the bed and mattress combined. It is not only disproportionate, but we will actively seek to spend as little as possible on our bed.
I am not advocating spending more money than you can afford on an item, but maybe we should look at the items we use most and spend a bit more to get better quality, enjoy it more and get a longer life from it.
It reminds me of the old adage, you can spend a little bit every year buying a new pair of cheap shoes, but spend less than fives times that much and you can have a pair of shoes that last more than five years. This could apply to so many of the cheaper ‘value’ items we can buy, is it really more economical to spend a little bit on something that won#t last as long as something more expensive that could be much longer lasting?
So next time you need to buy something, think about how often you use it and alter your spending accordingly.
Tell me what you think in the comments below or on twitter @timdixon82