10/27/2012 06:06 pm ET Updated Mar 05, 2015

How to Spend Money Wisely: 5 Purchases You Won't Regret... And 3 You Will

By Amy Shearn

Sometimes, efforts to save money just net you a cheap, terrible version of something you'll have to replace before you can say, "That wasn't really a bargain after all!"

Five things you'll never regret spending money on:

5 Things You’ll Never Regret Spending Money On (And 3 You Will)

And three things that you will regret spending money on:

And 3 Things You <em>Will</em> Regret Spending Money On…

Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.