I am a big frugality fan; however, there are some areas where I am not willing to compromise. For example, my family believes that happy chickens make happy eggs, so we happily spend the extra money to buy eggs laid by cage-free birds.

Sometimes, there are concrete reasons to opt for a higher priced item. For example, it can be a good idea to spend more for quality. Other times, the reason for buying a higher priced item is simply one of preference. One of our educators once told me that she would only buy Miracle Whip brand mayo and if she couldn’t afford it, she’d rather go without.

I think that depriving yourself of small, everyday items you truly love is a surefire way to make yourself miserable. I know firsthand because last Easter I caved and bought the cheaper eggs (in bulk!) and unhappily ate them for days.

It may seem strange for me to be promoting higher spending. However, I believe that money management is more about what you can do with your money rather than what you can’t do. If it is a priority for you to drink name brand soda or chew special gum, make it a financial priority. Since every extra penny you spend on a splurge is a penny that can’t be spent somewhere else, here are some ideas to contain the costs:

• Cut back on other items that don’t really matter.
• Buy favorite items in bulk when on sale (note: I do not recommend this for eggs!)
• Indulge in moderation to s-t-r-e-a-c-h out your splurge.
• Shop smart by comparison shopping and using coupons.

Do you have a special item you think is worth paying more for?

Comment(s)

I was once told "I'm too poor to afford cheap clothes". Then they explained that cheap clothes don't last, and have to be replaced, while more expensive, higher quality clothes last a lot longer, saving money in the end. Oh, btw, you stretched stretch to streach.

Over the years I have learned the hard way the the cheapest item is more expensive than a middle of the road item. Now I never buy the cheapest item but the best item for the value charged

I feel it is best to buy cars based on the best reliability rating in Consumer Reports and have bought two new Toyota Corollas. It is supposed to be smart to buy used, but the I found the price wasn't that much lower than new for the 2 year old car.

I am very particular about what my dog eats and don't mind paying a premium for quality food.

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