30 Times People Bought Expensive Things And Definitely Didn’t Get Their Money’s Worth

To gain more insight on this topic from a personal finance expert, we reached out to Laura Turner, also known as Thrifty Londoner. Laura was kind enough to have a chat with Bored Panda and discuss some of the most commonly purchased and later regretted items.

"Trending items endorsed by celebrities or influencers can often be bought in a rush, especially if there is a limited-time-only discount code or promotion on the item," the expert says. "My biggest vice in the past has been expensive skincare. I've bought items that have promised clear skin or anti-aging benefits, only for them to not suit my skin type, and sit virtually unused in the cupboard. I hate to think how much money I have wasted over the years! When I started a very simple routine with minimal products, my skin improved massively."

On the other hand, we were curious which big purchases Laura believes are actually worth the investment. "One of the most expensive items that I've bought is a second hand car," she shared. "I've certainly got my money's worth from the car over the last 18 months, and it has saved me so much time overall. It was so worth the investment."

As far as how we can avoid purchasing big ticket items that we don't need, Laura says there are several ways we can prevent having regrets. "The first is to think about longevity- is the item going to serve a purpose for a long time? One of the ways that you can determine this, is by considering the item in terms of 'cost per use.' If the cost per use is low, and you're likely to use the item frequently and for a long time, it may well be worth the investment," she explained.

Laura also recommends doing thorough research before making big purchases. "To use the skincare example again, research the ingredients to see whether they are compatible with your skin type before purchasing," she noted.

And if you're looking for more personal finance tips, be sure to check out Thrifty Londoner!