A fine heuristic if you have enough money to make the choice in the first place.
[1]Sam Vimes’s ‘Boots’ Theory of Socio-economic Unfairness, propounded in Men at Arms:
"But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet."
[1]Sam Vimes’s ‘Boots’ Theory of Socio-economic Unfairness, propounded in Men at Arms:
"But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet."
Men at Arms"
[1] https://terrypratchett.com/explore-discworld/sam-vimes-boots...