Why the Proverb “I’m Not Rich Enough to Buy Cheap Things” Might Be Wrong

The HashTag Magazine
4 min readAug 21, 2023

We’ve all heard it: “I’m not rich enough to buy cheap things.”

At face value, the adage suggests that purchasing lower-cost items may lead to more frequent replacements, thus costing more in the long run.

However, in an era of conscious consumerism, environmental concerns, and changing economic landscapes, does this proverb still hold its weight?

Photo by kerry rawlinson on Unsplash

The Historical Context

To understand the depth of this proverb, it’s essential to consider its origin. The saying has roots in the early 20th century when mass production was still in its infancy, and quality assurance was hit or miss.

Investing in high-quality, often hand-made items was seen as a form of long-term saving.

Durability was paramount, and the idea was that buying a cheap item would mean you’d have to replace it multiple times, costing more overall.

The Modern Era: A Shift in Perspective

With the evolution of manufacturing and technological advances, the quality of even mass-produced items has improved considerably.

Many affordable products today are durable, functional, and often backed by warranties or guarantees.

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The HashTag Magazine

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