CHARLOTTE, N.C. — Owning a home is expensive. In addition to paying a mortgage and property taxes, there are so many items and products you need to buy to simply make your home functional. From appliances to light bulbs; the list of necessities is long, but so are your options.
Have you seen all of the different refrigerator models on the market? The truth is, just about every item for your home will be available at different price points, from high-end to budget basics. Navigating it all can be overwhelming, but it doesn’t have to be.
Here are six home items worth the splurge and five that are not, according to AARP.
What is worth the investment:
1. LED light bulbs.
Sure they typically cost a lot more than the standard incandescent bulbs, but they also use up to 90% less energy and last 25 times longer. AARP says it’s worth the splurge over time.
2. Smart thermostat.
A programmable smart thermostat you can control remotely will help to cut energy costs which means you’re paying less for electricity.
3. Getting an energy audit.
This isn’t a tangible item, but AARP says it’s worth hiring a professional to conduct one. An audit will save you money in the long run by uncovering the energy-wasters in your home.
4. Eco-friendly appliances.
Splurging on green appliances will definitely mean you’re spending more upfront, however, the investment will save you money in the future. For example, AARP says replacing an old refrigerator with a energy star model can save up to $200 a year and that savings add up over time.
5. Mattress.
Health is wealth and getting a good night’s sleep is crucial to your health and well-being.
6. Flooring.
Durability is key when it comes to flooring, especially in areas of your home with lots of foot traffic. Splurging on something with staying power means you won’t have to repair or replace it sooner than you’d like.
Home items not worth the splurge, according to AARP:
1. Accent furniture.
Side tables, bar carts, accent lamps… go cheap on the accent items you rarely use and likely want to swap out when tastes change.
2. Window coverings.
Styles change. Skip custom curtains for much more affordable, ready-to-use versions you can find at major retailers.
3. Area rugs.
There’s a really good chance anything you put in a high traffic area will need to be replaced at some point. Add kids, pets and visitors into the mix and it’s almost a guarantee.
4. Bedsheets.
You can find really nice sheets at affordable prices so why spend more money than you have to when there are inexpensive options that are just as comfy?
5. Glassware.
Expensive looking glassware doesn’t actually have to be expensive. AARP recommends hunting for high-quality bargains at thrift stores, flea markets and garage sales.
WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com.
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