The Economics of a New Bed
Many people think that buying a new bed is a huge cost and in a cash flow sense, it can be. A new, quality queen sized mattress and box spring is likely to run you upwards of $2000 and unless you have lots of money stored up this can be quite a bit to cough up when the time comes due. However, if you analyze the way a mattress is used, it just might be the most economical way to increase the quality of life.
A good method of breaking down the value of items is to do it on a per wear, per day, or per hour basis. If you look at food for example, a daily average for groceries is around $10 per day for an adult. If you have a mortgage, or are renting, your accommodations might be $1200 per month, or $40 per day. Clothes are another example of where this technique is a useful way of breaking this down. Let’s say you buy a fancy dinner dress for $80. If you only wear it 10 times, it would be worth $8 per wear which may or may not be worth the price then. That being said, cars, phones, cable television and all other things in your home can be valuated this way.
Americans are not getting enough sleep these days averaging a little under 7 hours per night. Getting a better quality sleep makes a huge difference on how you act and feel the next day and a quality mattress can help you get there. Over the course of its average ten year lifespan, a mattress will see about 25,000 hours of sleep time per person. That means, for a mattress costing $2000, the bed will end up costing as little as $0.25 per night per person. Getting the extra rest during the night is probably worth the extra quarter!
Coughing up $2000 every ten years can be a bit of a blow. It is the difference between getting to go for a trip to Mexico or not for vacation, and many times people pick the trip. Fortunately, most mattress retailers offer payment plans to make it easier to get into a mattress sooner rather than later. However some of us do not have sufficient credit ratings to be approved for these plans. In those cases, it is a good idea to compare the benefit of a new mattress against the pack of cigarettes or that daily latte and start to prioritize just where we should be spending our money.
You can’t get a lot for a quarter, but a good sleep is one of them. Good luck and happy hunting!
Being an engineer by trade, Vladmir Skillet is constantly analyzing the cost benefit relationships to everything. For more information on a waterbed mattress guide for your back or on a futon beds information guide visit his website.