Get Your Money’s Worth
And when you do buy something, you’ve got to make sure it’s going to last long enough to justify either the cost of borrowing or the time you spent saving the cash to buy it. Phrases like “the newest,” “the latest,” and “the hottest” need to be banished from your mouth and, perhaps even more important, the mouths of your kids. Replace them with terms like “classic,” “timeless,” and “traditional.” You simply can no longer afford to replace items just because they’re out of fashion.
— Stephan Pollan, Die Broke
the Prince of Thrift writes:
Well said Steve