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Here’s a quick primer on when to invest and when to save on kitchen appliances.
If you’re thinking of doing a kitchen reno and you need to stick to a budget, you might consider forgoing some appliances for others. Constantly, you will find yourself asking: should I invest in expensive appliances, or go for the more economical ones? Or Will spending money on a certain appliance be worth it?
If you ever find yourself at such a crossroads, here is a guide to help you decide when to save and when to splurge on kitchen appliances.
When to save
Some circumstances may see you investing less in some appliances or cutting on buying the appliance altogether. They include when;
The appliance is not a necessity
You will find that some appliances are unnecessary and you can easily do without them. A toaster is one such appliance. Unless you must eat toasted bread, you can easily do minus the toaster and save on cost.
The appliance is not often used
Many households barely use some appliances like an oven. If that sounds like yours, it would be advisable to buy a more economical one in place of state-of-the-art one.
A smaller appliance can still do
If you are living on your own, you will most likely need smaller appliances. A smaller fridge, for example, can do in place of a big fridge (and you save on energy costs). As well, before you buy that humongous fridge ask yourself, how much storage space do I need?
It’s hidden out of sight
We mostly invest in things that are the face of our kitchen and spend less on those that will stay hidden out of sight. Investing in a stainless dishwasher, for example, may seem like a waste if it’s going to be hidden in the cabinets. Or, if you buy a chest freezer that’s going to live in your garage or basement.
When to splurge
However, you might want to invest in purchasing modern and state-of-the-art appliances due to the following reasons.
If they are multi-purpose
An appliance that does multiple tasks may be a good investment. You may decide to splurge on a good food processor, for example, that does blending, grating, mixing, grinding, shredding, and chopping instead of separately buying a blender, a mixer, coffee grinder, and grater.
When they help increase the value of your home
Appliances with stainless steel finish are quite pricey but also a good place to splurge. These appliances add some aesthetic value to your home and make it seem stylish and attractive.
When the appliance helps you save money
At the end of the day, we all want to use effective methods and still save some extra coin. Durable appliances will therefore save you the cost of repair and maintenance and are thus a good investment. It would be advisable that you invest in durable appliances, especially those that you often use.
Want to read more money-saving tips? Check out our blog!