In the January issue of Money magazine, they offer this rule of thumb on when to replace an appliance that's having problems:

Consider junking the item if it's beyond three-quarters of its life expectancy and repairs would cost you more than a third of what you'd pay to buy a new appliance.

For another take on this issue, here's what Consumer Reports says:

If your appliance is eight or more years old, usually it makes sense to buy a new one. If you have a favorite high-end, older appliance, you may want to repair it. Consider replacing a newer model if it has been repair-prone. But skip any repair that costs more than half the price of a new product.

We make our decisions on a case-by-case basis, though I must say our appliances seem t

FYI, I only have one post for today (other than the roundup) since I know it's a light day as many are still on vacation and/or recovering from New Year's parties. :-)

Anyway, I'll have posts on the weekend as usual and will be back to full speed on Monday. Enjoy your weekend!

FYI, I only have one post for today (other than the roundup) since I know it's a light day as many are still on vacation and/or recovering from New Year's parties. :-)

Anyway, I'll have posts on the weekend as usual and will be back to full speed on Monday. Enjoy your weekend!

FYI, I only have one post for today (other than the roundup) since I know it's a light day as many are still on vacation and/or recovering from New Year's parties. :-)

Anyway, I'll have posts on the weekend as usual and will be back to full speed on Monday. Enjoy your weekend!