I'm all about saving a buck when I can, but there are some things in life you shouldn't skimp on. Sometimes being stingy in the moment actually costs you money in the long run, especially for high-wear items that you'll need to replace. Here are some things you should consider paying a little more for! You'll be happy you did.
You're not going to land a job if you go to every interview in the same too-small suit you've been wearing for three years. Go ahead and spend on staple formalwear pieces: a nice blazer, trousers, a pencil skirt or two, button-downs, maybe a nice cardigan.
As for the rest of your wardrobe. You can shop at Forever 21, well, forever – but while you save money in the moment, you'll have to buy new clothes before you know it. Start spending $20-30 more on high-quality pieces you'll be able to wear for years. We're talking about jeans, basic tees, anything knit, monochromatic dresses, etc.
Bad shoes are a day-ruiner. When you wear shoddy footwear on the regular, you just feel... bad. It can lead to back pain, chronic foot cramps, bad posture, and a whole host of other problems. Spring for shoes that give you good support. And if you just can't give up your uncomfortable shoes, get custom orthotics from your podiatrist. When I ran cross country, I had chronic injuries until I got orthotics for my running shoes. Best part – they're removable, so you can put them in any footwear you want.
Terrible sleep = terrible day. That's a fact. Just like shoes, your mattress is something that you use every day of your life (well, every night to be exact) – so you better make it a good one. It's a big purchase, but do the math: if you buy a mattress for $600 and use it for 5 years, that's only 32 cents per night for a great night's sleep!
Imagine you and your family sitting around the dinner table, laughing and reminiscing. Are you talking about that one time you bought a flatscreen TV? No! You're remembering shared experiences, things you did together, trips you took. Those experiences are some of the most valuable things in life, because they give you so much more than any material item could. Spend a little extra, especially when you're young, on awesome experiences.
What do you splurge on?
Because cooking and food are two of my biggest hobbies, I tend to splurge on quality ingredients, kitchen supplies, and an excellent bottle of wine now and then. :)