<prompt> Human: If you havent heard of it, the Boots Principle of Socioeconomic unfairness comes from a Terri Pratchett book:The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money.Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles.But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots thatd 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.After wearing through my third pair of shoes this year, Ive been a bit shortsighted. I tend to buy inexpensive shoes and wear them into the ground, which happens fairly quickly, given that I walk everywhere and am on my feet while at work. I should probably be spending more on footwear, even if it means cutting in to my budget.I have the same issue with a lot of daily use items. Towels, socks, sheets, cookware...Im thinking maybe its worth it to buy shoes that cost more than 50, towels that cost more than 5 etc...What everyday items do you think are worth spending more on to save money in the long run?EDIT: People think Im taking this quote literally, whereas I was looking at it as more of a thought-exercise of what items are often bought cheaply that are bad investments in the long-run. I apologize for the confusion. I was not clear. I do NOT think this is why rich people are rich.  <response>: I love that everyone took this as oh OP wants to know what kind of shoes to get..A people. Go back to hooked on phonics.Anyway theres an old saying Its expensive to be poor. Payday loans at high interest, the boots principle youre talking about, rent, etc. It has an air of truth to it but theres also a level of financial unawareness that plays into it. These people know they have bills but buy expensive iPhone instead. They have bills buy buy fashionable expensive timberland boots instead. The boots principle is definitely credible but is never the sole reason for poverty. 