With our current financial situation, it'd be silly to be a retail snob. While I love the idea of choosing quality over quantity (or just something that lasts over something you'll be cleaning the sink with after 5 washings), what it comes down to is what can we afford.
Which is why I now love the Two Dollar Shop. It's like a miniature department store, which cheap versions of just about anything. Some would say the stuff in there is cheap and nasty, I beg to differ.
For example - when you are looking for paper to wrap up children's birthday presents, doesn't it make more sense to get the pretty stuff that rips easily, than the expensive stuff that's going to be ripped?
And when it comes to knitting, I do love to see and feel the gorgeous yarns at the specialty yarn shops. But hey - I'm not trying to create an heirloom, I just want to feed my addiction and have something wearable at the end of it. So when I found some el cheapo acrylic at Spotlight that was exactly the right shade of denim blue, I weighed it up against the nearest thing (but the wrong blue and three times the cost), I knew it was okay to go for the cheap one.
That place is also excellent for 5 year old girls who like sparkly stuff.