As a financial advisor, I often talk about being aware of where you are spending your money, because I believe awareness triggers restraint and restraint leads to better savings habits. While saving money is a good thing, buying something that is cheap is often expensive.
If you are planning a purchase look for value, don’t make a purchase just because an item is ‘cheap’. Mindful purchases that you have determined represents good value can bring years of joy and usefulness into your life.
Making a spur of the moment purchase because something seems like a deal often leads to regret.
Be frugal with your spending but never cheap.