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September 27, 2006

Cheap Skates for Cheapskates

Ten things one shouldn't buy new, according to MSN.com:

  1. Books
  2. DVDs and CDs
  3. Children's toys
  4. Jewelry
  5. Sports equipment
  6. Cars
  7. Software and console games
  8. Office furniture
  9. Timeshares
  10. Handtools
(via Tyler Cowen)

Of course, we'd be in trouble if everyone followed this advice, but I think it would be most damaging to the industries of 1, 2, and 6. Everyone ought to follow 8, as there are no shortage of failed start-ups, and office furniture is ridiculously overpriced anyway, probably because the typical purchaser isn't spending his own money. Again, I'm childless, but I can't conceive of 3 as being anything but a waste of money; at most, a child needs only a stuffed tiger.

Posted by Zach Wendling at September 27, 2006 06:12 AM

Comments

I agree enthusiastically with #6. I've never purchased a new car and I don't plan to ever do so. A 2- or 3-year-old car with fairly low mileage still has most of its useful lifespan ahead of it and costs as little as half of what a new car does.

Furthermore, I love to shop at used book stores, but I also find it hard to resist the look, feel, and smell of a new book.

Posted by: Eric Seymour at September 27, 2006 08:47 AM | permalink

Should anyone buy timeshares?

Posted by: Alan K. Henderson at September 28, 2006 12:00 AM | permalink

Not only are you childless, but you apparently never were a child yourself. Or you had some kind of twisted experience. Did you really only have a stuffed animal as a child?

I agree that most children have far too many toys, and most new toys are low-quality pieces of junk which are intended to promote some TV show or movie, thus discouraging creativity. Blocks, Legos, Tinkertoys, dolls, cars, balls, and the like are much better that 99% of the contents of Toys R Us, and are just as well bought used. But "only a stuffed tiger"? Please.

Posted by: wahoofive at September 28, 2006 01:53 PM | permalink

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