Last updated on January 25th, 2020 at 11:55 am
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When you are buying the printer you might think to yourself “I am just going to buy the cheapest one with decent ratings”.
However, you are making a classic thrifty mistake if you only look at the price tag and forget to look at the cost of upkeep. For a printer the upkeep cost is in the ink cartridges.
Lets say your narrow it down to two printers one is priced at $69 and the other one is priced at $49. So you think to your thrifty self, I am going to pick up the $49 one and save $20. But wait you forgot about an essential part of the thrifty equation.
If the $69 one takes ink cartridges that cost $14 for black and the $49 printer takes cartridges that cost $18 for a black the twenty dollars you saved is going to be eaten up in 5 refills over buying the $69 one. (basing prices off the 2 printers we currently own, I rarely make color copies but I am guessing differences in prices are similar).
I change our ink once a month so that means in 5 months I will have eaten all my savings and in another 5 months my $20 saved cost me and additional $20 and every 5 months it is going to cost me another $20. That could be a thrifty mistake that cost me $100’s over the life of the printer, we currently have a printer that is at least 9 years old and still going strong.
Instead when picking a printer, head right to the ink section, find the cheapest ink and then figure out what printers take it.
This same principle can be applied to most anything that takes replacement parts like vehicles or lawn mowers. Always consider the costs of upkeep before you make your purchasing decisions.
For a list of 52 different websites, apps, and stores our thrifty family uses to help us keep our expenses low, click here to visit our Thrifty Tools Resource Page.