If you want buy better quality items that last longer it will probably mean that you will have to spend more money on them. In the long run it will be worth it because you will not need to replace them so often, but in the short term you will usually need to come up with more money to buy the items. This can be tricky for some people, but there are things that you can do which could help you. Some people may just assume that getting a loan will be the answer, but there are alternatives to this.
- Sell things you no longer need – it can be good to take a look through things that you have and see if there is anything that you no longer need that you could sell. By selling them you will be able to make some money and you will be able to use this towards buying more expensive items. You may wonder how and where you can sell things, but there are lots of options. You will need to pick the option that works best for the type of items that you are selling. For example, you could choose auctions, social media pages, car boot sales, table top sales or classifieds. It will depend on whether you are prepared to post items out to buyers, if you want to hand them over in person when they collect them or sell them yourself on a stall. Some items will be suited to different types of selling as well, with items of lower value being better for car boot sales and higher value items being better for auctions. It can be good to research what sorts of items are being sold in these ways so that you can make the best decision as to which will be the best for you.
- Only buy essentials – if you cut down what you are buying to just things that you really need it will mean that you will be spending less money. The money that you are saving can be put towards a fund that you will dig into when you need to replace something and want to spend a bit more to get something that is good value for money. It can feel like you are depriving yourself to start with as you might be used to being able to buy anything you wish without a thought. However, make sure that you focus on the reason why you are doing this and it will not be so bad. You will be able to buy the things that you want and need, they will last longer so you will not have to spend again so soon and this will mean that you will have money available to buy yourself more things in the future.
- Save as much money as you can– make sure that when you are holding back on spending and making money form selling things that you put the money aside towards buy new, better quality items. It can be wise to set up a savings account so that you will be able to put the money in there that you are not spending so that you will have somewhere to draw the money from when you do decide to buy something. You will also be moving out of your current account and therefore that will make it harder for you to get tempted to spend it. You will also find that you are more likely to get interest paid on the money if it is in a savings account compared to if it is in a current account as most current accounts do not pay interest.
- Do some extra work – it could be easier to work extra so that you can get the additional money that you need. This could be preferable for some people than others and for some it might be easier than others as well. Taking on more hours in your current job could be the best option or some people, but the opportunity may not be there for everyone. It could be that you will need to find work elsewhere. You might be happy considering some evening and weekend work, if you have a job where you do conventional hours. However, you may find that this will be too difficult for you to fit around family and other commitments or because you feel that it will be too much for you. However, you might find that doing some freelance work, temporary work or online work could help. You will not be committed for doing this sort of work long term or even regularly and therefore it can be better because you will be able to fit it more easily around other things. You can use it to get a bit of money when you need it and then stop when you no longer need to.