15 Splurges That Save You Money in the Long Run

© Vera_Petrunina / Getty Images/iStockphoto

Premium Mattresses

With the proliferation of online, direct-to-consumer bedding companies over the last several years, mattresses have become more and more affordable, said Matthew Ross, co-owner of sleep and mattress review website The Slumber Yard. You can find some for as little as $200 to $300. But Ross said it’s worth it to spend more on a mattress.

“The truth is that a lot of these budget beds are just made up of two or three layers of cheap poly foam,” Ross said. They break down and form body impressions within a matter of months, leaving you no option but to buy another mattress.

“In the long run, it just ends up costing you more money because you have to purchase a new bed every two to three years — not to mention sleeping on a cheap bed that sags can lead to back pain and other health issues,” Ross said. Opt for a premium mattress with pocketed coils or an innerspring unit, which will last a decade. You can find one for $1,000 or less.