3 ms·

Related: Buy It For Life (BIFL) - https://www.reddit.com/r/buyitforlife https://www.reddit.com/r/buyitforlife While the community will point out regularly that

Related: Buy It For Life (BIFL) - https://www.reddit.com/r/buyitforlife https://www.reddit.com/r/buyitforlife While the community will point out regularly that not all things can be bought for life, many can if you're willing to spend more upfront for higher quality. For example, spending $20 on a pair of socks with a lifetime warranty vs. $2 for a pair that'll last a year. I also see Jansport backpacks and Craftsman tools mentioned similarly.

teddyh 10y ago
A.k.a “The Sam Vimes "Boots" Theory of Economic Injustice”: “The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles. But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet. This was the Captain Samuel Vimes ‘Boots’ theory of socioeconomic unfairness.” http://wiki.lspace.org/mediawiki/Sam_Vimes_Theory_of_Economic_Injustice http://wiki.lspace.org/mediawiki/Sam_Vimes_Theory_of_Economi...
- icebraining 10y ago
  Hence the usefulness of credit, as long as one uses it wisely.
icebraining 10y ago
I like that approach, but getting the very expensive stuff keeps me too worried about it. The $20 socks may last a lifetime on my feet, but they burn just as well as the $2 socks. Likewise, I'm not confident enough to try to fix a broken device worth $2k, but if it's worth $400 I'll give it a go, and often end up saving money on the repair.
jgalt212 10y ago
> Buy It For Life (BIFL) Exactly. This is why I've always coveted a Porsche 911 and a Rolex Submariner. Once you buy those two you never need another sports car or watch.

teddyh 10y ago

A.k.a “The Sam Vimes "Boots" Theory of Economic Injustice”: “The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles. But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet. This was the Captain Samuel Vimes ‘Boots’ theory of socioeconomic unfairness.” http://wiki.lspace.org/mediawiki/Sam_Vimes_Theory_of_Economic_Injustice http://wiki.lspace.org/mediawiki/Sam_Vimes_Theory_of_Economi...

icebraining 10y ago
Hence the usefulness of credit, as long as one uses it wisely.

icebraining 10y ago

I like that approach, but getting the very expensive stuff keeps me too worried about it. The $20 socks may last a lifetime on my feet, but they burn just as well as the $2 socks. Likewise, I'm not confident enough to try to fix a broken device worth $2k, but if it's worth $400 I'll give it a go, and often end up saving money on the repair.

jgalt212 10y ago

> Buy It For Life (BIFL) Exactly. This is why I've always coveted a Porsche 911 and a Rolex Submariner. Once you buy those two you never need another sports car or watch.