Used Goods: How Refurbished And Used Translate Into Money Saved

Refurbished and used are no longer dirty words but badges of fiscal honor

Author Photo of Carmine Barbetta By: Carmine Barbetta / Twitter @mrbarbetta
Content Editor
Published: 9/20/17 | Updated: 10/19/17

Laying out the paperwork with a calculator to evaluate some budget possibilities.

Laying out the paperwork with a calculator to evaluate some budget possibilities. |Image provided by Pexels

How do you feel when you buy something new?

Pretty good, right? One of the reasons there is such a money-saving issue is buying and spending is so much fun. Studies have shown that after you buy yourself something, whether it's a new outfit or new car, you have a sense of exhilaration that permeates through your body.

You are happier and more content because you now have a pair of jeans or Jeep that you didn't have only a few hours ago.

And while depriving yourself of that often can help in the saving money department, why not just think about tweaking it just a bit.

How about buying used or "refurbished?"

This isn't a knock against buying new, but rather more of a sentiment on the benefits of how purchasing used or refurbished can lead to more money in your bank account and not having to settle for not having a product or service at all.

Individuals who are very competent when it comes to saving money are always reveling in the trick of that trade, tips and other elements they tap into in order to build that emergency fund even more.

Buying used is one avenue that is, for the most part, a bulleted note on that list of ways to save but yet still can be viewed by the masses as taboo.

Unfortunately we have that garage sale mentality that everything "used" is someone else's junk.

But used isn't as bad or as much of a downgrade as you think. This isn't about simply settling or not being able to have what you want.

This is about something much more important: saving money.

A used car can save you thousands. Buying clothes out of season can save you thousands per year. Deciding to go with last year's model of a smartphone or tablet can save you hundreds at the point of sale. Buying used exercise equipment, such as a few hundred dollars on a treadmill with plenty of miles left on it, versus a few thousand on new is the same machine, minus that "new smell."

Get the idea now?

All of things examples show that you still get what you want, whether it's a vehicle or a delicious meal, but on your terms and without sticker shock coupled with that instant regret the moment you get your shiny, new item home and realize that you either can't afford it or could have gotten it for a much better price.

Carmine Barbetta, Content Editor

Carmine Barbetta is the News Editor of PromotionCode.org, chief responder to many emails, and subject of bad photos. He attended Tallahassee Community College and the Florida State University.