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8 Low-Cost Products That Outperform Their Expensive Name-Brand Equivalents

It’s one of the most difficult decisions you have to make when shopping. You’re looking at an item from a brand that you believe is reliable and puts out a good product … but right next to it is a product from another brand that’s far lower in price. The decision often comes down to whether the perceived “guarantee” of the name brand is worth the extra cost.

Sometimes, though, the low-cost item isn’t just a better bargain, it’s a flat-out better product. You don’t always get exactly what you pay for — sometimes the cheaper item really is best, even when you’re not considering the cost.

[See: 12 Shopping Tricks to Keep You Under Budget.]

Below are eight examples of when the low-cost product matches or exceeds the quality of the name-brand version of that product. It’s worth noting that these are just eight examples of this phenomenon — there are many cheaper products that exceed their name-brand equivalent.

1. Kirkland Signature products. In area after area, from items as disparate as bacon and car batteries, the Costco store brand Kirkland Signature comes out on top in quality comparisons with the name brand, according to Consumer Reports. As the store brand for Costco, Kirkland Signature is almost always substantially cheaper than the equivalent brands. If you’re a Costco member or considering a membership, simply buying the Kirkland Signature products is likely to save you a bundle in addition to the usual warehouse club savings.

2. Evenflo Titan infant car seat. This great car seat clocks in at less than $100, even at full retail price, but it ranks ahead of most car seats that cost hundreds of dollars more, according to Parenting.com. This car seat excels both on safety tests and convenience.

[See: 12 Money-Saving Ideas for New Parents.]

3. Market Pantry (Target store brand) condiments. Condiments often taste like their name-brand equivalents. But according to a Consumer Reports survey, condiments sold under the entry-level Market Pantry name at Target stores usually exceed the quality found in the name-brand equivalent condiments. In direct comparisons, such as a comparison of Market Pantry and Heinz ketchup, the store brand consistently came out on top in terms of quality while carrying a much lower price on the shelf.

4. Panasonic RP-TCM125 headphones. These headphones can be found for $15 in many places and consistently rank at or near the top in surveys of consumer-grade headphones, often beating out headphones that cost hundreds of dollars (like in this Consumer Reports headphone roundup). These humble headphones offer incredible sound quality for the dollar.

5. Monoprice 6105 6-foot HDMI cable. If you need a HDMI cable in order to get your home entertainment system up and running, skip the overpriced name-brand Monster cables and purchase the humble Monoprice 6-foot HDMI cable. It gets the top recommendation in this Wirecutter survey of HDMI cables, which points out that for most home “plug it and leave it” uses, most HDMI cables are functionally identical. But the Monoprice cable stands out because it “sells for way less than $1 per foot, can handle resolutions up to Ultra HD 4K, including 1080p and 3D, plus it has Ethernet and Audio Return Channel capabilities. It also has a lifetime warranty,” says Wirecutter.

6. Equate Ultra Protection SPF 50 sunscreen. You can find this sunscreen at Wal-Mart in incredibly large containers for just a few dollars, yet it protects against the sun better than all of the other sunscreens in this Consumer Reports survey. It does an incredible job at blocking the sun’s rays, keeping you and your family safe during a day at the beach or in the great outdoors without costing you an arm and a leg.

[See: 12 Habits of Phenomenally Frugal Families.]

7. Anker PowerLine charging cables. In a side-by-side comparison with Apple Lightning cables for charging iPhones and iPads, Wirecutter found that Anker PowerLine cables were sturdier and lasted longer under repeated usage. They withstood cable bends and twists better than the more expensive cables sold by Apple.

8. Up and Up (Target store brand) generic medications. Consumer Reports found that the Target store brand’s generic medications, such as aspirin, ibuprofen and cough syrup, consistently matched or beat out the name brands and store brands from drugstore chains, such as CVS and Walgreens. The prices on these items are low and often lowered further by discounts regularly offered via Target’s Cartwheel smartphone app.

It can often be a mistake to overlook a generic product because you think the name-brand version provides better quality. When you look a little closer, you might just find the best of both worlds by buying the lower-cost product.

More from U.S. News

10 Ways to Shop Smarter at the Grocery Store

Avoid These Common Pitfalls During the Back-to-School Shopping Trip

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8 Low-Cost Products That Outperform Their Expensive Name-Brand Equivalents originally appeared on usnews.com

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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