Are you a cheapskate or a value buyer?
There are many types of shopper - cheapskate, value buyer and even the ones who love to splurge their money all over the place. The rich ones can do whatever they one to do if they have almost unlimited amount of cash but for the average buyers, most people are divided into 2 main categories: cheapskate and value buyer.
Needless to say, both of these people save money. But, who save more? Depends. Are you a value buyer but tend to buy things with unnecessary stuff that you don’t really need? Then, being a cheapskate will save you tons of money.
However, being a cheapskate will also make you lost money - without you ever knowing it. When you want to buy something, will you find good quality stuff at a higher price or so-so quality at a very cheap price?
Being a value buyer who knows the difference of what you need and what you want, you can generally save money since the things you buy will not have to be replaced every certain period of time. As an example, if you spend $200 for a stuff that can last for 5 years while another is only $100 but can last for only 1 year, you actually spend only $40/year for that stuff. Who save more money? The value-buyer, of course.
However, if you plan to buy something that you frequently change, being a cheapskate is the best way to go. Example? Let me show you one. Let’s say you need to buy paper plates for a party. You don’t have to buy ones with flowery patters and spend extra $5 on them - they’ll be thrown away after being used, anyway. So, why spend more when you can spend less?
