7 things worth spending good money on. (2024)

A few things in life don’t really need splurging on. Like toilet paper (Just keep it recycled). Sparkling water (Tap water is fine). And sports cars (Is it just because you can?). But for some things, it’s worth forking out for the good stuff. So don’t call them expensive; call them investments. Here’s our shortlist of things we think are worth spending good money on.

1.A good mattress.

It’s said we spend a third of our life in bed, making your mattress virtually a lifetime investment. Don’t underestimate the power of a good sleep – and the impact of a bad one. Throw in a good pillow and some good quality linen while you’re at it. After the couple of years we’ve had, every home should be a sanctuary, and the bedroom is a good place to start.

2.Whitegoods.

While whitegoods now come in a range of different colours, the ‘good’ part should never change. Like a good toaster that won’t short circuit your power, or a good washing machine that won’t need regular call-outs. And a good fridge that won’t build ice sculptures in the freezer, keep you awake with a motor that rivals an old Datsun, or keep your beer warmer than an English pub.

3.A good coat.

Sure, we live in a sunburnt country, a land of sweeping plains. But if you live or travel down south of Australia, it pays to have one good coat. Many of us forget how cold Oz can be, so we compensate with five sweaty layers that add bulk, not warmth – then wonder why the weather bites. Notice how cosy your down doona is? Fluffy down is a far better insulator than feather, and it’s lighter too. So get yourself a high fill down coat with a 700+ fill power, chuck it over a t-shirt and never complain about the weather again.

4.Good towels.

You know you’re getting old(er) when all you want are good towels. Absorbent? Tick. Doesn’t shed fluff when you dry yourself off? Tick. And looks good? Big tick. Sure ‘cheap’ towels do the job. But they’re not as efficient, tidy, good looking, or just darn pleasurable. And good towels are a pleasure you can indulge in, every day.

5.Good health.

Your body is a temple, and even temples need maintenance to stand the test of time. We’re not talking mortar to fill the cracks and plumbing to fix the leaks (though we might need those too). Humans need prevention, upkeep and repair to maintain good health. Think sporting club memberships to keep injury, obesity and related health issues at bay. Specialist care, like optometrists, for regular maintenance. Adequate health insurance for when things go awry. And, from mindfulness apps to psychological support, don’t underestimate the importance of good mental healthcare.

6.Good shoes.

Hands up how many of you have shoes you don’t wear tucked away in storage because they’re uncomfortable? That’s a lot of hands. A lot of wasted bucks. And a lot of heels coming soon to a charity shop near you. A well-made, comfy pair is a true investment, because it’s something you’ll reach for every day. Remember, if you don’t pay for good shoes now, you’ll likely pay for a cobbler or a podiatrist later.

7.Good food.

Like wine (which could also be on this list, but you’d be here all day), life’s too short for bad food. So put your money into quality fresh produce when you cook at home. Good choices when you eat out, especially with takeaway. And good chocolate when you need a treat (when it comes to cheap chocolate, a bag of white sugar would do the same job). Trust ME, there’s no going backwards from good quality food.

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This article is prepared based on general information. It does not take into account individual financial objectives or needs and is not financial product advice.

7 things worth spending good money on. (2024)
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