We are too broke to buy cheap crap!
Are you also too broke to buy cheap stuff?
Buying cheap crap is a bad idea
You will buy this crappy unreliable thing because you need it. As it is made of bad material, it will break quickly throughout time.
This is exactly why you are losing money!
This is exactly why we are too broke to buy cheap crap!
After that fateful
What happened (again) this week
Last summer, not even a year ago, we bought this cool extensible garden hose to water our outdoor plants. As we were short on money, we bought the first price of this item, and it came with a few months warranty. Not to say, it wasn’t that cheap, but it was 20 bucks less than the high-quality one.
Here we are, 8 months later, with a broken, out of warranty, and a non-repairable garden hose. The extensible pipe inside just burst out! Hopefully not in the house…
Why did we buy (again) an item made of low-cost material?!
I have no idea! Maybe because we had this short-term-broke-people-mindset. Thinking it’s better to save 20 bucks without considering it was low-cost material, that this garden hose may break in no time, and that we will have to spend more money afterward.
The main problem is that when you buy low-cost made items, you end up spending more money because they don’t last.
You may have saved 10 or 20 bucks when you purchased that particular thing. But when it ends up in the trash and that you have to spend again more money to buy another one, this cheap item becomes really expensive.
Nowadays it is difficult to find quality products that last. We are in this consuming world and it is best for the shops if you consume a lot. They prefer quantity over quality.
You should always choose quality over quantity
Quality doesn’t always mean that you are going to spend all of your earnings. It simply
It’s important to think of what you buy as a long term investment.
This way of thinking should be applied to every type of purchase. It will help you be healthier, more confident, and somehow richer:
- Clothes: Quality clothing is way better, the fabrics barely move and colors rarely fade away. Don’t be mistaken, it’s not because it’s branded that it’s better. Look for quality labels, not branded labels.
- Food: Home-made food (organic if possible) over fast-food. Yes, it will take you a little more time to grocery shop and cook but you will feel the difference. Your health will improve and over time you will save tons of money by not having to go to the doctor.
- Household devices: A high-quality household device will function way better than low-cost, will last over time, and, in any case, should be repairable.
- Furniture: Robust and quality made furniture will absolutely last longer than cheap made tables or chairs, for example.
- Electronic devices: For the time being, I think this is a hard one. In my opinion, there is this planned obsolescence thing going on. For no reason, some electronic devices stop functioning. But cheap ones last much less long than high-quality ones.
- Building material: May it be wood, paint, or metal, in fact, any building material; you should definitely put does few more bucks per square meters. You will unquestionably save money and time in the long run. The material will last longer with low maintenance.
It is also possible to find high-quality items on sale or second-hand 😉
Remember: high-quality over quantity!
Being broke is a situation, being poor is a state of mind.
When you are broke you will always find a solution to get you out and find a way to purchase what you need, but, please, the good quality one.
We are too broke to buy cheap crap!
Let’s face it, being poor or broke isn’t cool! But let’s try to change our state of mind, it should lead us to a better financial situation and happier life.
Being broke doesn’t mean you can’t afford anything but your necessities. Most of us are penniless because of our bad spending habits. Those are difficult to change but essential to change. Buying cheap, low-cost, bad quality items is part of these dreadful spending habits.
Reboot your mindset
If you only look at the short term reality of life, it makes perfect sense to buy the cheapest thing. If your time horizon doesn’t extend past “how am I going to get past tomorrow?” why would you pay more for something that will last 5 years instead of 1 year?
Of course, what can’t be ignored when you keep buying cheap things that break is: if there is an immediate need and you only have 20 bucks to spend, then you don’t really have the ability to go for the 30 bucks option, even if you know it is the better choice.
The financial side of things is a part of the equation. But a long term thinking mindset can change far more than a financial situation. A different mindset can absolutely improve your financial situation and improve your life.
I’ve learned that doing things on the cheap is a short term mentality, in almost every situation. If I do it
A good example
You need to be building a fence around your house.
When you have the long term investment mindset, you will search for good quality material, either wood or metal depending on the style you prefer. When working on that kind of project, you want it to last more than 20 years and with very low maintenance.
For a big project of this type, you won’t mind spending more because you want it to last and don’t want to change it every 2 years. So spending more makes a lot more sense than building a low-cost material fence that is going to last fewer years for, let’s say, half of the price and, on top of it, will require regular maintenance.
It makes sense financially in the long term view: no additional cost when the project is finished.
It makes sense emotionally: you will enjoy a fence that is built well and properly, more than a fence built cheaply that you are always having to worry about falling apart.
And it makes sense from a time-saving perspective: you only have so much time in life, do you really want to spend your time doing the same things over and over again just because you went the cheap route?
This long term thinking mindset should be applied to any purchase because it will save you money on the long go and precious time.
Where to find those few more bucks
Obviously when you’re broke, having more money is the difficult part. Depending on your lifestyle, many solutions can be implemented to have more money in your wallet.
Here’s a short list of solutions:
- Change your mindset
tolong term investment thinking
- Budget your income and expenses
- Set financial priorities
- Ask yourself if there is a free alternative in the meanwhile
- You may be able to borrow this particular item from a relative, friend, or neighbor
- Take your time and look for the best option
This was my shout out to all the broke people like us: We are too broke to spend our money on cheap crap!
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