If you’re reading a personal finance blog, you just might be someone who really likes getting value for money spent. Perhaps this also includes buying things and using them for a long time, getting as much out them as possible without spending money on replacements.
Maybe, just maybe, you take particular pride in something specific you’ve bought for a deal and ended up getting a ton of use from it. I’ll go ahead and call such things “Frugal Trophies”.
I thought of the concept of a frugal trophy when discussing some furniture I own and use. This furniture is actually a dining table set I bought brand new 17 years ago, before moving into an apartment for the 1st time. The table set contains a table and 4 chairs. At the time, it was in style, and actually quite comfortable – and a pretty good deal as well! These days…well, it’s probably way, way out of style. It’s a white/gray table, with chairs that are cushioned and have a back rest that is flexible and leans back. They’re comfortable to me, though I’m not sure they’d be too visually appealing to many others:)
Here’s a picture of one of the chairs:
It just hit me this weekend that this table set is not in tune with 2011, much less 2001. When I bought in the mid 1990′s, it was probably a little bit 80′s in style despite being brand new.
Something tells me that many folks couldn’t deal with having such set as a dining table. Frankly, I’d like us to get something new, and have considered spending on things at different points in the last 5 years.
However, this is a frugal trophy! It’s almost a point of pride, knowing that I’ve dealt with this table set for many years without succumbing to a new one. There’s a history here, and the table and chairs have been there for different stages of my life. At this point, I want to keep it all!
Don’t get me wrong, I do spend on things I want to spend on. Plus, I realize that sometimes we go through frugal fatigue. Experiences, travel, most importantly kids are areas where I’m likely to splurge a lot. But for many other things, I’m not too keen on spending if I don’t have to. Big surprise there:)
Anyway, I’ve had this thing for so long. It was a good buy then, and it’s cool to know that the investment from way back in the day is still providing value!
Yep…it’s a frugal trophy.
If I think about it enough, there are a few other things that have probably reached that status:) The one that comes to mind is the car I drove to over $220,000 miles. Yeah, I did get rid of it though. But that table….it’s still here!
My Question for You:
Do you own anything that you’ve kept for a long time and gotten way more than your money’s worth? In other words, do you have any frugal trophies?