Blog Posts
Discovering Real Value
August 8, 2009 by Andy · Leave a Comment
Normally, I’m a hit-and-run shopper, but that behavior changes when I roam the aisles of my local hardware store or home improvement center. It’s fascinating to leisurely browse the seemingly infinite selection of merchandise, from flat washers to fancy faucets. But aside from being sucked in by this hypnotic consumer kaleidoscope, my first priority is to find the ideal products for my project. Whether it’s a tube of caulk, a box of screws or a new cordless drill, they command my attention and respect- and ultimately my hard-earned cash.
Understanding value is the key to making a wise purchase and controlling that cash. The value of an item is not the same as what it costs. That old adage “you get what you pay for” may be true in general, but it doesn’t address value. The most expensive item isn’t necessarily the best for your situation, and the least expensive item isn’t necessarily the worst. Real value means striking a balance between the cost of an item and how well it fulfills your actual needs. Value depends on priorities. Take paint, for example. High quality paint is typically easier to apply, provides better coverage and is more durable than lesser quality products. It also costs more-sometimes MUCH more-and that’s when you need to decide what’s important. How often are you willing to tolerate doing it? If your answer is “nor often, and not much,” the best paint value for you might be $60.00 a gallon. But if you like to paint and are on a tight budget, you might find $10.00 a gallon paint perfectly acceptable. That’s why manufacturers offer choices.
My advice for purchasing home-improvement products is to determine your needs and then buy the best that your budget allows. Maintaining your investment in your home will pay you in quality of life dividends while you live in it and provide a greater return when you sell it. Don’t be discouraged if your budget limits you to less-flashy but solid products; they’ll still provide years of reliable service. A sensible, middle-or-the-road approach might seem boring, but it will keep you on the road to economic stability rather than driving you into a financial ditch. Look for the best value and you’ll never go wrong. And don’t forget to savor your shopping experience.


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