economy
TikTok users are sharing the items they say are always worth the money—here's what financial planners say
Financial planners weigh in on a recent trend on TikTok that has users sharing the items they swear are always worth the money.
TL;DR
- TikTok users are sharing items they consider 'always' worth the money, ranging from skincare to airline seats.
- Financial planners categorize purchases into 'always,' 'sometimes,' and 'rarely' worth the money.
- Purchases 'always' worth it include preventative care (medical, dental, home/car maintenance), high-quality items used daily (shoes, mattresses), time-saving services, and retirement contributions.
- 'Sometimes worth it' items include life insurance (especially term life for families), home improvements (for enjoyment rather than resale value), and extended warranties (with conditions).
- Items 'rarely' worth the money include storage units (if not time-limited), unused subscriptions, and status purchases made to impress others.
- Financial planners emphasize that personal values and unique financial situations heavily influence purchasing decisions.
- Buying back your time through services like cleaning or grocery pickup is considered a valuable investment.
- Spending on items that prevent costlier future expenses or support overall health and well-being is often recommended.