The real deal
recently i heard the application of the "pays for itself" theory (where if you figure out the cost per use, let's say of a $50 scarf - if you wear that scarf for 2 months straight, then it cost you less than a penny a day) and it occurred to me that this would only actually work if you were putting that penny aside every day. it would work even better if you did that before buying the scarf. my priorities are longevity of the appeal, and the degree of the appeal. i have to love it, and think i'll love it for a while (i primarily apply these requirements when the price tag is substantial), and, ideally, it will last through all that love.
there are people who feel i spend too much on certain items, pay too high a premium. meanwhile, i'm very aware of how much exceptionally average things cost these days. sometimes it's a case of the brand being greedy - if they have a strong following, then they can throw a plastic headband into the collection and charge $200. sometimes it's a case of a brand being hopeful - if people will pay $600 for a famous designer's shoes, maybe they'll pay $200 for our junky ones.
for the most part, i have to admit that i'm more suspicious of cheap items than expensive ones...and i think this handicaps my ability to enjoy something that is more... reasonably priced. (ultimately, regardless of the cost, i always subscribe to the adage, buyer beware. )
which, in your opinion, is more of a good "deal": a high price on high quality, or a low price on average quality?