Re: Cheapskate or Spend-O-Matic ?
As others have said, I will buy the brand name item when it comes to appliances and other big ticket items. Haven't had much luck with the off brands, so saving a few bucks in the beginning, only to have to replace it a short time later, doesn't really work for me.
When it comes to groceries, I mostly buy name brands, but that's because they taste better. IMO, nothing compares to a Coke (Zero), Heinz Ketchup or Bounty Paper Towel. That's not to say that I won't buy store brands. I buy lots of the Kirkland products from Costco (my favorite store).
This past year, I decided to put aside all the money saved from clipping coupons from the Sunday paper. As of last week, I had saved about $550. While it may not be much, it's money that would have been given to Jewel (grocery store) or Target.