Is it Possible to Spend More to Save More? Where I Splurge…


As a personal finance blogger, I usually advocate saving money whenever it’s feasible.  I’m always trying to save money because I often think it has a better use elsewhere in my budget.  But, in some instances, I believe that it makes sense to spend when you can save.  Spend more, even when there are cheaper options available?  Blasphemy, I know!  What kind of guy who has a website trying to help people spend less and save more would tell someone to spend more?  Well, hear me out… this is where we spend more money than we have to, and think it’s totally worth it. I know I’m not alone on this, as this is very much the outlook of OneCentAtaTime.

  • Toiletries.  Mainly, toothbrushes and toilet paper.  I used to be one of the guys who would buy a four pack of toothbrushes at the dollar store.  Until last summer, the wife and I were out of town and realized we had forgotten our toothbrushes.  My wife asked her father to pick us some up when he was at the store, and he came back with these $4 toothbrushes.  And there was only 1 in the pack!  I was aghast until I used it.  The phrase “it’s like a party in my mouth” was never more apropos.  Since then, we’ve maintained that luxury lifestyle, because after all, you only need about 3-4 toothbrushes per year, if that.  As for toilet paper, well, we once bought a 48-roll case of RV toilet paper for our home because it was super on sale.  That’s enough info right there.
  • Car insurance.  We have uninsured and underinsured motorist coverage.  This is because if someone hits you, and they have crappy state minimum coverage, or worse yet, NO coverage, this can be a life saver.  It’s not required for you to have, but in my opinion, everyone should.
  • Food.  We don’t eat out very often- J is a pretty good little cook.  But, being as how we cook at home the majority of the time, we like to get organic fruits and vegetables.  I don’t necessarily trust large companies at all, nor do I know what kind of GMOs are being used, or what pesticides they are spraying on the foods we consume.  That whole organic racket might be a giant lie and a waste of money.  If it were summer all the time, we’d eat nothing but organic homegrown fruits and veggies.  I mean, really, though, what kind of hipsters would we be if we didn’t eat at least some organic foods?
  • Health.  Money isn’t everything, especially if you aren’t around to spend it.  Working in insurance, I’ve heard more than enough people say they avoid the doctor not because they are afraid of the results but instead they afraid of the cost.  Yes, healthcare costs are out of control.  So, if you need to go to the doctor, but are worried about the price tag, I have an insider tip for you: GO TO THE DOCTOR!  I’m willing to bet your friends, family, and everyone that loves you would rather have you around than receive a chunk of change when you die.  Plus, there isn’t any point to all of the other saving you’re doing if you don’t take care of yourself.

What I realized when I was writing this is that a 3 of the four things I jotted down here deal with health.  An ounce of prevention is worth a pound of cure, I guess.  I’m sure there are plenty of other instances where it’s okay to spend a little more.  And some of these things may be more important to you than others.  It’s a pretty personal instance, because you may not care about your toilet paper, but you might love a $14 stick of deodorant.  It’s a balancing act.
Where do you think it’s okay to spend a little more?  Think I shouldn’t be spending a little more on the things I listed above?

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