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Alsadius comments on Financial Effectiveness Repository - Less Wrong
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A change of mind: The more expensive product can be cheaper in the long run.
Meaning that you can buy disposable cutlery for a few cents or buy proper cutlery for a few bucks and keep it for years and years on end. So when buying anything consider the cost of maintaining it (repairs, taxes, insurance, ...) and of disposing it. The more expensive the item, the more thought you should give to this. My recommendations are housing and transportation.
Be careful with this advice if you're clumsy or destructive or prone to losing things. A more expensive item only lasts longer under circumstances where it's able to be used the whole time.