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Smartest Luxury Splurges Stand Test of Time

A life of luxury doesn’t just mean you’re spending a lot of money on your purchases, but that your purchases make your life easier, more comfortable and better all around. Smart splurges upgrade your life by helping you look, feel, perform or relax better.

These are the kind of indulgences that could truly be splurge-worthy.

Mattresses and beds

You’ll spend about one-third of your life in bed, and getting quality sleep sets you up for success in the other two-thirds, so plowing some of your money into buying an out-of-this-world one makes complete sense. Proving the value being put on sleep these days, Hästens, the luxury Swedish mattress and bed maker, now sells its Grand Vividus for a cool $1 million.

Quality outerwear

Coats and boots constructed from sturdy materials like leather, nylon, wool or waxed cotton will keep you high and dry for years, even decades, while developing an attractive patina that adds even more to their value. Premium brands like Arc’teryx for coats and Red Wing Heritage for boots will serve their wearers well.

Frequently used kitchen equipment

When you cook meals at home more days than not you are entitled to pay a premium for tools built to work with precision and dependability over time. Whether it’s a stand mixer that scrapes all sides of the bowl or an outdoor brick pizza oven you can also use for bread and roasted meat, any equipment that makes your food prep easier could be worth the investment.

Fitness or hobby supplies

This depends on whether these would boost your dedication to the activity. If wearable tech reading your heart rate, VO2 max estimates, sleep cycles and more builds your interest, go for it! Same with a next-wave mountain bike, guitar, game console or sewing machine.

Experiences > things

All the above categories are in fact “things,” but research shows as many as 75% of people prioritize spending their money on experiences over material purchases. Research suggests people’s anticipation, enjoyment and recall of experiences adds up to more enjoyment.

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