The products you should be spending more on

Whilst being frugal is good and following a budgeting method like the 50-30-20 rule can set you up for a lifetime of financial freedom, there are certain products you should be spending more on. Buying quality products can cost more immediately, but over time they’re well worth the investment. 

Bedding and mattresses

The average person spends about 26 years sleeping in their life, so spending money on bedding and mattresses really is playing the long game. You should replace your mattress every 10 years and you may find that as you get older your body may need a firmer mattress. 

Silk pillowcases have long been lauded as the ultimate beauty-tool. Helping to tame fizzy hair and even reduce wrinkles, splashing the cash on a good night’s sleep is definitely an investment you should be making.  

A capsule wardrobe

We’ve all become hyper-aware of fast-fashion and the part we all play in it, but instead of buying throw-away trend-led pieces, consider investing in a capsule wardrobe. Choose brands who create ethically sourced and well-made clothes that look and feel tailored. 

A good jacket and well-fit jeans can last years and never go out of date. Equally a plain white t-shirt, white dress shirt, and black dress are all staples of a capsule wardrobe that can be dressed up or down. 

Warranties

You might think they’re unnecessary, but electrical and technology warranties for things like laptops and mobile phones, as well as car warranties are a worthy investment. Spending extra money on a warranty is much cheaper than paying for a repair or buying brand new should a fault occur.  

Shoes

Buying an expensive, but comfortable pair of shoes that you’ll wear day in day out for years is far more cost-effective than buying shoes that don’t fit well and need replacing every few months. Looking after your feet is vital as you get older and choosing shoes that support your feet are essential not only for foot health, but for your back too. 

Food

We know that processed food can have a negative impact on our health, so spending money on fresh organic food – although more expensive – will over time be much better for our body and mind. Organic food is also better for the environment, with fewer pesticides used and less intensive farming methods utilised, it’s a no brainer for many. 

Tools

Regardless of whether you’re a keen DIYer or not, having a set of good tools is essential. Obviously, if you only have them on hand in case of emergencies like tightening a leaky valve or rehanging a picture you don’t need to spend hundred of pounds on power tools but investing in a good quality combo kit is a good place to start.