One lesson that we never seem to learn is that buying the cheapest option often ends up costing more in the long run. With many items, it’s well worth looking past the initial cost because over time, they can actually save you hundreds of dollars. The secret, of course, is to use these items so that you will get your money’s worth.
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They also cut down the time it takes to dry your clothes by nearly half, saving you electricity.
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As Clark Howard ’s consumer website points out, you can get a coffee machine for much less than that: a mid-range model will pay for itself within a month.
Slow cooker or crock pot
The Simple Dollar says that with a slow cooker or crock pot, which costs around $40, you just put your ingredients in the pot before leaving for work and you'll have a home-cooked meal waiting for you when you come home.
How much you save will depend on factors such as the type of thermostat, the size of your home and the cost of electricity in your area.
LED light bulbs
Portable solar power kit
Switching to solar power can cost a lot, but you can save now by opting for a portable kit for around $350 to use as a back-up for charging your computer, phone or other electronics.
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Reusable water bottle
Save some money and perhaps you can be the richest woman in the world!
The Simple Dollar suggests that you switch to cloth diapers, which even with the cost of washing them, will save you hundreds of dollars. They're also better for the environment.
Reusable sanitary towels or menstrual cup
Extended service/warranty plan
For only a few dollars per month, you can save hundreds if you need to have the device repaired or replaced.
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