Photo By: gromgull

My mother likes to boast that we have a really close relationship. We do, but we also disagree on a lot of things: music, bottled water, people. But more than anything, we disagree on how we spend money.

A few weeks ago, we argued over the purchase of a new umbrella. My mother’s method of consumption is: buy many for as little as possible. She suggested I go to the dollar store to purchase one for $1. Although they’re guaranteed to break easily, she’d rather spend $10 on 10 cheap umbrellas.

I love the dollar store. Dollarama is my go-to place for tin foil, party decorations and even drinking glasses. But umbrellas are different. If I learned anything while living in Hong Kong, it was that a quality umbrella is one of the most important things you could own. Through typhoon wind and rain, my trusty Eddie Bauer umbrella was my best friend (thanks to Dana who sent it to me).

With that in mind, I argued that spending $15 on a good quality umbrella that will not break is a better choice. Mom thinks that’s an unwise financial decision, especially for some one in debt like me.

I know that spending $1 now is a much smaller expense than spending $15 is now, but is it really saving money overall? For me, spending 10 dollars for 10 umbrellas is not only a waste of time (imagine making numerous trips to the store just to buy a new umbrella every couple of weeks,) but it’s a waste of resources.

When we all should be trying to reduce our ecological footprint, I think buying 10 umbrellas and throwing out nine) over buying one good umbrella, is bad for the earth. Also, one of my goals for 2008 is to declutter. The idea of having multiple umbrella carcasses in my apartment is a lot more annoying, stressful and unnecessary than purchasing one superior product for a few dollars more.

I haven’t actually bought a new umbrella yet. But I think this is an important debate regardless of what you’re buying. It goes without saying that there are times when quantity trumps quality, like when the quality is barely distinguishable (eg. generic drug brands). But what are your standards? When is it worth paying more?

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