Reply to If you have more than enough money, but are frugal-minded, how do you decide how much to spend?

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[quote=Anonymous][quote=Anonymous]
Example: I clean my own house. I would like some kind of stick vacuum to do quick cleans of the bathroom floors when I'm not wanting to get out my big vacuum with attachments, etc. In the stick vac world, there is a $400 Dyson, a $160 shark, and lots of other options under $100. I can easily afford any of these options, however I don't want to spend $400 on a Dyson when a $50 Bissel will do. But I'll also be annoyed if I buy a less expensive one, and I end up replacing it because it sucks.

How do you make this everyday decisions when you are frugal minded, but not actually on a strict budget?
[/quote]

I ask myself, is the $50 version acceptable?  Will it get the job done?  If so, the $400 version is 8x the cost.  Is the Dyson 8 times better (as measured by ME for MY life) than the $50 Bissel?

Maybe it is.   Maybe they Dyson will last 10 times as long as the Bissel, or lasts 5 times as long but is twice as fast to use, or is quieter and that's really important to me.   But if I think it is really only about twice as good as the Bissel, I'd buy the Bissel.[/quote]

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