What do you refuse to get generic versions of?
Tires. Never cheap out on tires.
This I agree with.
I once heard someone say: «never skimp out on what seperates you from the ground».
For bed and tires I really agree, but with shoes I’m not as strict.
I had this exact stance until I won a pair of $200 running shoes in a raffle. My occasional backpains and joint problems disappeared almost immediately. I started buying the best footwear I could afford and my quality of life went measurable up after that decision.
The BIGGEST changes were going to a reputable podiatrist and getting shoe recommendations based off of my arch shape, weight and gait. They put me on a treadmill with highspead cameras at the sides and rear to record how my stride landed both walking and running. That and custom molded insoles.
Now Shoes are a part of our yearly budget to make sure we have good condition, supportive shoes at all times. Also re-soleing if applicable.
Side note: Dress shoes can die in a fire.
I agree from the opposite direction:
20 years ago I switched to zero drop minimalist footwear for running, hiking, and almost all everyday activities (everything except weddings and funerals). I only wear footwear that has no relation at all to my foot’s arch, my weight, or my gait.
Best decision for my knees, ankles, and hips I think I ever made.
Same can be said about the power supply unit of your homemade PC. Cheaping out on that is a good way to fry your PC or burn your house down.