You can’t argue this point: spending money can be very fun.
You think about things like splurging on a shopping spree, going on vacation in the summer for two weeks when you really can afford a few days or a short weekend or buying a brand new car or, quite frankly, brand new everything so that you can take a minute to reflect on that shiny, new gadget or product.
Once the novelty wears off, you start to wonder if the purchase was really a smart one or you could have gotten something similar for less in the form of a word that often carries a negative connotation: used.
Buying used doesn’t always have to be a bad thing, and in fact there are some product that you should almost always buy used so as to save money.
So, second hand should clearly be your first choice with, for starters, your car.
Nothing depreciates quite as fast as a car, the moment you drive that brand new vehicle off the lot, the truth is you start losing money by the second.
As much as the car is the biggest ticket item you should be buying second hand (aside from a house, which is also a good used purchase rather than building new), you can’t help but take a closer look at smaller buys that you might tend to ignore.
When was the last time you bought a new CD, for example, or a book that was brand new, fresh off the presses?
CD’s and books are easy choices to buy used as a new, hardback book for $30 could easily wind up on Craigslist for a few dollars. You also should think used when talking about cell phones, computers and musical instruments. A used guitar is quite the money saver, but you can find the newest phones, too, after a few months on the market for hundreds less or especially when a new model is released. You certainly can live with an iPhone 5s the moment the 6 hit the market, particularly if the price is just right.
As much as the thrill of buying new, that new car smell or cracking open that new smart phone or laptop box is intoxicating, so too should be checking your bank account or savings plan and seeing an extra hundred or more dollars in your pocket yet still having what you want at your fingertips.
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