This is a part of my series where I give you first hand accounting on its best to cut costs without negative effects, and when you should upgrade to a nicer tool, quality, design, etc. Todays Topic: Hammer vs. Hammer.
0018 When To Cut Costs 1- Hammer vs Hammer
2 Comments
I think when you are comparing two items or more you need to factor more
than just the initial cost. Let’s say you buy the cheaper hammer but you
only use it a few times and it breaks and needs to be replaced. The cheaper
hammer is not so cheap. As a seasoned renovator, I was always told to not
skimp on materials and supplies. In the long run, you end up paying more
for what you thought was cheap. Let say the blue hammer has a useful life
of 25 years and the wooden hammer only has a useful life of 3. If you
amortize your investment, you will see that the blue hammer is a LOT
cheaper in the long run and has actually saved you time and money. Cheap is
not always cheaper.
I got the Blue one! 🙂