Save Money By Only Buying Things You'll 'Wear Out'

We may look at worn-out gadgets, clothes and other items as old and useless, but Trent over at weblog The Simple Dollar points out that if something is worn out, it probably has held greater value than the newer items in your home — and that's usually a good indicator of whether you should buy something.

It's always sad when something you love becomes worn out, but unlike the things you buy and use for a short period of time, it's a comforting feeling knowing you got your money's worth. In fact, if you're ever on the fence, it's a good way to tell whether something's worth buying:

Every time I actually use an item until I've worn it out, I feel as though I've received incredible value from that item. That item not only saved me a lot of money over the years (or provided so many hours of value for such a little price), but it also became imbued with a lot of memories along the way... I actually wore out an iPod Touch until the battery only held charge for about fifteen minutes and the screen was so scratched up that it was unusable.

I think it's worth it to ask myself whether or not I'm going to completely wear out anything that I buy. I tend to do this really well with some things, such as clothing, but with other things, I tend to not do this as well (board games come to mind, although they take a lot of wear).

Not only that, but Trent recommends going through your current belongings and using this trick to clear out clutter. If you find something you use every once in a while but don't ever see yourself "wearing it out", maybe it's worth selling to someone who will instead.

Wearing Things Out [The Simple Dollar]


Comments

    I'm fairly sure that nobody has ever worn out a jaffle iron - so why does everybody own them?

      Because jaffles are delicious.

      I've worn out 2 this year alone.

      Jaffles are Awesome.

      I have an electric one that is 35 years old...busted, worn out but still works. I had two to start with, but the first one wore out completely.

      I just wore out my breville after 21 years. Got a cheapo replacement and it died inside 6 weeks - used maybe four times. Should have known - it weighed only a fraction of the old one.

      I got my mony back and bought a "good" one instead. The "good" one probably only cost the same as the original did 21 years ago, so all good.

    My sandwich toaster is close to 35 years old. My parents got it as an engagement present. It is absolutely worn out!

      I click the "like" button on this comment.

    "I actually wore out an iPod Touch until the battery only held charge for about fifteen minutes and the screen was so scratched up that it was unusable."

    This is idiotic. Continuing to use something long after it has been rendered unfit for its intended purpose only saves you money in the same sense that not buying it in the first place saves you money. If you sufficiently value then benefit derived from being able to use the product properly and not having to charge every fifteen minutes then you're better off getting a new one.

      It may have lived much of its life in a dock arragement and therefore battery life was not important.
      Similarly Emma (below) livi8ng in a dock with continuous charge/discharge might have killed the battery.

    I'm not sure what Trent is doing to his iPod Touch, but I have a first generation one that I use for hours each day, and it still lasts a heck of a lot longer than 15mins!

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