You get what you pay for - not always

There are certain things that I believe fall into the "you get what you pay for" category, and others that are purely status symbols. For instance, I think paying more for high end tools is a good idea. If you are working on a project and the tool is inadequate, the project ends up costing more because of ruined materials, so you should just spend the extra money on a better tool to begin with.

Other items, such as designer home accessories seem a bit excessive to me. Spending $375 on top of the line Moen faucets, that look every bit as stylish as the $85 version seems pointless. Unless you actually tell everyone who enters your bathroom that the faucet cost that much, they would never guess. I would save the money there and spend it on nicer accessories like light fixtures, artwork, or mirrors that people would actually notice.