We've all been taught the value of a dollar at one point or another. Our elders always told us to be smart with our hard-earned money, but sometimes we just want to spend for the sake of spending. As humans, we just have a natural urge to splurge—often times, we would much rather spend money on things that we don't really need than on things we actually need.
However, we should not assume that all forms of splurging are counterproductive. There are some products out there that, despite their price tags, are actually worth spending the money on. Such products help to improve the quality of your life and ensure that every cent you put towards them is validated. Here are five expensive things that are absolutely worth the money:
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You spend roughly a third of your days in bed. So why not invest in a mattress that helps you get the best sleep possible? If you find yourself constantly tossing and turning at night, that means your mattress is definitely not working for your benefit. In this day and age, mattress technology has become so good that it doesn't make sense to stick with something so outdated.
So ditch your spring mattress—there are so many better options out there now, including memory foam mattresses and sleep number mattresses. No matter what your preferences, there's a mattress out there just for you, with the exact features you're looking for. The fancy ones may be pricey, but for some good zZz's, they're totally worth it.
Every homeowner needs a good set of kitchen knives. They are essential tools for cooking, and they should last you for several years. If your kitchen knives dull quickly or break when used to cut tougher foods, you should definitely consider swapping them with a higher quality set. They may be more expensive, but you'll be saving a whole lot of money in the long run since they'll last longer.
Kitchen knives come in all sorts of styles and varieties. Some are heavy and thick, like German knives, which are made from softer steel, while others are lightweight and super sharp, like Japanese knives, which are made from harder steel. To be safe, go with a trusted brand or talk to an associate to help you figure out which set you should purchase.
If you drive on the regular, you need to fit your car with at least two dashcams, one to monitor the front of the vehicle, and one to monitor the back of the vehicle. It doesn't matter how defensively you drive; there is always a chance that you could get into an accident while on the road. Hopefully, that won't happen to you, but if it does, having dashcams can get you out of a whole lot of trouble.
Most dashcams are designed to start recording as soon as they are powered up. Some models, therefore, require you to turn them on as you get into your car. Most will get you as many as 6 hours of video, which should be all you need if you're just driving locally. If you end up getting into an accident, you can at least review the footage and use it as evidence should you need to present some.
Washing machines go through a lot of wear and tear, especially if you have multiple residents living at your home with clothes to wash. That's why you should never cheap out on a washing machine—spending less money on a lower-end product might just give you more of a headache down the road, since it could malfunction a lot sooner.
Do your research and find a washing machine that can handle heavy loads and high frequencies. Usually, washing machines will have a dryer counterpart, so you'll likely want to buy them as a set. It's a lot of money, but you'll be saving thousands of dollars each year, especially since nowadays, most models are energy efficient.
When you buy clothes that fit, you are paying for your own self-improvement. The better your clothes fit you, the more impressive you'll look, and honestly, first impressions are everything. Your appearance plays a big factor in several aspects of your life, from your social life to your professional life. Don't just buy clothes based on their price tags, buy clothes because they make you feel good.
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Dear reader,
It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.
Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!
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The Moneymade team
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