Frugality has become an increasingly popular topic as more people are looking for ways to save money and live a more sustainable lifestyle. One approach to frugality that has gained a lot of attention in recent years is Buy It For Life (BIFL). BIFL is all about prioritizing durability over luxury and purchasing high-quality products that can last for decades.
The idea behind BIFL is simple: by investing in durable products, you can save money in the long run. Although BIFL products may be more expensive upfront, they are designed to last much longer than their cheaper counterparts. This means that you won’t have to replace them as often, which can add up to significant savings over time.
Before you head out to buy new clothes, household items, or tools, it’s worth taking a look at the BIFL Reddit community. With over 1.4 million members, this community is a great resource for finding recommended products and brands with outstanding reviews. Here are some examples of highly recommended BIFL products and brands:
Darn Tough Socks: These socks are comfortable, warm, and come with an unconditional lifetime guarantee. Although they may cost around $20 a pair, they can last up to 20 years, and you can return them for a new pair without a receipt.
Winter Jackets: Patagonia and Carhartt are highly praised brands for their heavy weather gear. Although they come with a lifetime warranty, you may never have to use it if you invest in a high-quality jacket that can last for years.
Boots/Footwear: Redwing and Altra are highly recommended for their durable and long-lasting footwear. Whether you’re looking for hiking or running shoes, these brands are a great investment.
Solid Wood Furniture: Tables, dressers, and desks made from quality solid wood can last for generations. Although they may be more expensive upfront, you’ll generally keep them forever and save money in the long run. Second-hand stores are a great place to find a bargain on high-quality furniture.
Kitchen Stuff: Cast iron cookware, KitchenAid mixers, Le Creuset dutch ovens, Victorinox chef knives, Swing-a-way can openers, Corningware baking dishes, and Correlle dishware are all great examples of BIFL products. By investing in high-quality kitchen items, you can avoid having to replace them frequently and save money in the long run.
The key to BIFL frugality is to be mindful when you’re spending money. By investing in high-quality products that are built to last, you can save money in the long run and reduce your environmental impact. Instead of buying cheap products that need to be replaced frequently, consider investing in durable and long-lasting items that you can enjoy for years to come. So next time you need to buy something, take a moment to consider whether there is a BIFL option available – it may be the best investment you ever make!
Reference: How to Money newsletter https://www.howtomoney.com/about-us/
