Financial sense and financial sensibility: repairing appliances

I like coffee; not any coffee that comes as a powder from a jar but proper, creamy, strong espresso. One of the few things I brought to England twenty years ago, apart from a suitcase of clothes, was a coffee percolator – only because I could not possibly carry a whole, big espresso machine. It is not only me – my husband and my oldest son like good espresso, albeit a bit less strong and with milk. Still rich and creamy! This is why we have Krups espresso coffee machine (the one on the picture) and all was well until last February its pump broke down.

To mend or not to mend, this was the question. Giving credence to our sensibilities (what about the environment, the landfills are filling too fast as it is, let’s save the resources of the planet, kind of thing) we decided to mend. We believed that mending our coffee machine also made financial sense: many personal finance management gurus will have us believe that mending our possessions and looking well after them saves money.

Having our coffee machine repaired took a good day of research to find a service; at least seven (!) phone calls to repair place to arrange delivery, to be informed that they are waiting for a part, to arrange sending of water container forgotten by repair shop (twice) and five months from start to finish. Today we had the first espresso made by this machine since February.

In fact, this is what having our espresso coffee machine repaired really costs us:

Cost of having the coffee machine repaired £57
Cost of John’s time to organise this £400
Increased use of coffee by other machine (5 x £3) £15
Total £472

Now, this is about twice as much as we paid for our espresso machine when it was new and today will, just about, get us a brand new Bean to Cup Krups espresso machine.

Does repairing appliances make financial sense? Certainly not! But if you ask me whether I’ll do it again – probably yes. Because of my financial sensibilities rather than my financial sense! I meant every word I said about landfills and the resources of the planet, you know.

2 thoughts on “Financial sense and financial sensibility: repairing appliances”

  1. We mend our possessions wherever possible. Dh and I both like the satisfaction of bringing things back to life. Sometimes it is cheaper to mend, other times it is dearer, either way it is gratifying, Annexxx

    1. Yep! As I said – it is not financial sense but sensibility that drives us to get things repaired. What really gets me is that we have got to this stage as society – we stick with an economy which measures success by growth. This means consuming (and putting things in landfills) and exhausting resources.

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