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Hillary Keech

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Cheap Is All Relative

Posted: 08/18/10 03:51 PM ET

While the chatter of a double dip recession intensifies, the spending habits of the American public are a great topic of speculation. Even the high-end fashion community is getting involved in discussing what makes a deal, WWD recently interviewed a select group asking them their definition of "cheap." The best answer came from Rachel Zoe, a stylist not exactly known for her modest tastes, defines cheap as "Anything my husband won't yell at me for." She is hitting on the point that a value is completely defined by the person and can be different for each of us.

This is something I experience constantly when purchasing furniture, especially for some of my higher-end clients. I will find a piece of vintage furniture that is good quality and not marked up and think I have hit the jackpot. This lasts right up until the moment I am telling someone about my day and how I found a beautiful rosewood bookcase for under $4,000. Suddenly a look of horror crosses their face that says "You spent how much on a bookcase?" The thing to keep in mind is that a value is a deeply personal thing and only you can truly appreciate the rush of excitement you get walking out of a store knowing that you just got something special.

The importance of personal value is another change surely to come out of this economic crisis. The idea that you and your time are worth something affects the way we buy things for ourselves. The age of reckless spending is over. Even if your home design budget is $1,000 or $100,000, everyone wants to be cautious with what they spend. People want to be sure they are surrounding themselves with the very best things their money can get, which is a reflection of how we value ourselves. I see the change happening not only with budgets, but also in the way that furniture companies are being formed. There is a return to the idea of craftsmanship in companies, because if you are paying $4,000 for that bookcase, you want to know that it is a beautiful piece that will stand the test of the time. Care and time are being put into furniture and the age of mass production is coming to an end. It is an encouraging trend and exciting time in design.

The word "cheap" has a different definition for everyone, but frankly, I think it is an ugly word. Value is what the consumer should be searching for, a return to the old world traditions of solid quality at a fair price. I'm always weary of anything that is too "cheap" because there is almost always a lack of quality and the result is that I am disappointed. Even with our economic situation taking another downward turn, the value of items seem to be rising, which gives me a glimmer of hope. If we are all able to place a higher value on what we create and purchase, we are sure to win out over the economy and come out on the other side a stronger and even more valuable nation.

Hillary Keech is a New York based interior designer.
 

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05:13 PM on 08/29/2010
Hey - great article.

"Wishfulslinking" - All that anger will not get you laid. Relax.
04:37 PM on 08/23/2010
Argh, I can't even read this. I had to stop after three sentences.

Rachel Zoe... ? Quoting a sentence that ends in "for" ?

Back to school!
04:35 PM on 08/23/2010
First things first, invest in an Oxford dictionary if you want to be a writer.

The word is inexpensive. Using "cheap" to denote a low price is vulgar.
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12:41 AM on 08/24/2010
Just to clarify a little, writers call the dictionary the OED. However, when looking for a synonym, one would use a thesaurus, not a dictionary, so it doesn't really matter.

Other than that, good post.
01:02 PM on 08/24/2010
You don't offer clarification, you offer trivia.

OED is simply an acronym which some employ when "referring" to the Oxford dictionary, they do not "call" it to dinner.

A thesaurus is not what it is needed, that is a cheat of sorts. Actual knowledge of the meanings of words one chooses to use is the key to writing. That knowledge is best clarified or gained through a dictionary. An older Oxford is the best.

Now, isn't it high time, you stopped following me around like a puppy and spent that hard earned inheritance from your abusive parents? Forty plus years of being a spineless sycophant shouldn't go to waste. Perhaps in your older years you can find yet another wealthy abuser who can add even more financial security to your coffers.
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kendraro
deadhead echelon peacenik mom to Marley the awesom
04:13 PM on 08/23/2010
very true, for example I don't think we have ever spent 4K on a car
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Linda Williams
10:29 PM on 08/22/2010
Try 'cost effective'. I told my Unk to use that one because auntie always squawed in response to the word 'cheap'. Ha!
04:35 PM on 08/23/2010
Rightly so!