Save or splurge: The kitchen

To get the most for your money, you need to know two things: when the good stuff is worth paying extra for and when the economy choice is plenty good enough.

Seven-inch Peugeot Paris | $38
Pepper Mill
Seven-inch Peugeot Paris | $38
Save or spend: Spend
Just as with coffee, pepper tastes better if you grind it yourself. That's why, according to chef Charlie Palmer, a good pepper mill is a must.

It'll produce a consistent texture, and you'll be able to adjust the size of the grind.

Peugeot (yes, it's the automaker) has been making this mill since 1847, and the design hasn't changed much in that time. Each grinder groove is individually cut and case hardened.

Refrigerator

Microwave

Pepper Mill

Knives

Cabinets

Disposal

Processor

Pots and pans
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.