How to buy stuff that lasts

Savvy consumers consider price, performance and reliability when making a major purchase, such as a car or home appliance. The greatest of these is reliability β€” particularly lately.

Supply chain disruptions can mean long waits for parts or replacements if something breaks. Getting a new refrigerator, dishwasher or other major appliance now often takes weeks or even months, says Paul Hope, home and appliances writer for Consumer Reports. Plus, the microchip shortage means many manufacturers prioritize making their most expensive models, which are typically the most profitable, Hope says.

β€œIt’s getting increasingly difficult to get some of the inexpensive models of any given product,” Hope says.

In my latest for the Associated Press, how to find truly reliable and durable products.

Monday’s need-to-know money news

College SavingsToday’s top story: What to buy and what to skip in April. Also in the news: What all those terms and conditions you ignore really mean, how to save for a home when you have student debt, and steps for helping kids become financially savvy.

What to Buy (and Skip) in April
Spending your cash wisely.

What those terms and conditions really say
You could be giving up many consumer protections.

How To Save For A Home When You Have Student Debt
There are ways to manage both.

9 steps to helping kids and teens become financially savvy
A great way to celebrate National Financial Literacy month!

Monday’s need-to-know money news

Zemanta Related Posts ThumbnailToday’s top story: How to determine when to start taking Social Security. Also in the news: Tips for getting approved for a personal loan, what to buy and not buy in November, and five surprising sources of debt.

When to start Social Security? This tool can tell you
Getting the most from your benefits.

4 Tips for Getting Approved for a Personal Loan
Applying wisely.

What to Buy (and Not to Buy) in November
Strategic shopping.

5 Surprising Sources of Debt
Nipping them in the bud.

Federal Lawsuit Alleges Financial Aid Deception Targeting Students, Parents
Apply with care.