Built to Last

It’s no surprise that we are a disposable society. We have been at the whims of technology and fashion for decades. As the cost of goods has dropped, it is cheaper to buy new instead of repairing the old. For example, the replacement cost for a broken carafe costs almost as much as buying a brand new coffee maker. Why buy a new carafe when I can buy a new 12-cup coffee maker for $10 at Target?

During economic booms (credit induced or otherwise), people are more disposable. New is better. Cars, clothing, houses, furniture, appliances, and technology all get upgraded even though the old model is still perfectly functional. But during economic busts, like the one we’re experiencing now, people hold on to what they have simply because they no longer have the credit or income to sustain a disposable consumption lifestyle.

Regard of your economic condition, or the country as a whole, it is good practice to buy the best you can afford with the intention of that item lasting many years. I’ve begun a quest to do just that. I’ve also taken inventory of my current possessions to determine what is of lasting value and what will need replacement with something that will last longer. Look at your possessions and determine if it’s cheaper to replace or repair. Sometimes a bit of polish and elbow grease can make something look new again.

Look at your car. Have you been thinking of buying a new one? Think again. Many of the cars on the road today can easily last 10 years and longer with proper maintenance and care. If your car is on the old side, keep in mind that it is almost always cheaper to repair an old car than it is to buy a new one. New cars cost more not only in financing, but in insurance and maintenance. It may make sense to buy a new car knowing that it will be the last car you need to buy for the next 15 years.

Your computer can last far longer than you think. Unless you need to live on the bleeding edge of technology, your computer can last at least 3-5 years, even with repairs. Desktop systems will generally last longer than laptops, since laptops get carried about and are more susceptible to damage. This also applies to the applications on your computer. Do you really need to spend money and upgrade to the latest version when the old version satisfies your needs?

The goal of all of this is to save money. You are no longer keeping up with the Jones by buying the latest and greatest. You are spending more money upfront for higher quality goods while your replacement costs are far off in the future.

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