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.

InSinkErator<br>3/4HP Evolution Compact | $170
Garbage disposal
InSinkErator
3/4HP Evolution Compact | $170
Save or spend: Save
There's little difference between high- and low-end disposals, says plumber Ed Del Grande, host of several fix-it shows on the DIY Network.

The reason: Many are made by InSinkErator, even if sold under different brands. Get at least a one-half-horsepower motor, which will grind even chicken bones.

Refrigerator

Microwave

Pepper Mill

Knives

Cabinets

Disposal

Processor

Pots and pans
The living room It doesn't take a Hollywood budget to feel like you've got front-row seats. (more)
The bedroom You spend a third of your life in bed. Why skimp on the mattress? (more)
Wardrobe How to look like a million bucks without breaking the bank. (more)
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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.