Everyone loves to save money. Living frugally can help you pay down debt and reach your financial goals fasterbut sometimes it just doesn’t pay to be cheap. If you pinch pennies on the wrong items, it can backfire. Here are five things you should always pay full price for (so you don’t end up paying later).

Sunscreen

Sunscreens are regulated by the FDA as drugs. That means that no matter what brand you buy, SPF 50 is SPF 50. However, many people try to save money by skimping on productbut not applying enough lotion, or not reappyling often enough, can lead to harmful sun exposure. This isn’t the place to skimp.

Auto insurance

Paying a low monthly premium is greatuntil you get in an accident and can’t pay the bills. In most states, if you cause damage to another vehicle and your insurance doesn’t cover it, you’ll personally have to foot the bill. So, if you only have $25,000 in coverage, but the damage is worth $50,000, you’ll be on the hook for that additional $25,000. Not worth it.

Tires

Let’s face it, even a cheap tire isn’t really that cheap. Do you really want to shell out 50 bucks for something that you’re going to have to replace in a year? Consider this: Bad tires lose air pressure quickly, increase your gas mileage, and are more likely to experience a blowout. They’ll end up costing you much more in the end.

Interior and exterior paint

Tests have shown that budget-brand paints don’t perform well overall. Coverage tends to be poor, they stain easily and don’t last as long as more expensive options. Considering the time and effort that go into painting a room, the cost of having to re-do it more often is far more than just financial.

Safety gear

When it comes to your safety, or that of your family, pinching pennies just isn’t worth it. For example, properly fitting bike helmets can help stop brain injuries and save livesbut a cheap helmet might not strap on correctly, and might even crack in half when it hits the ground. Safety is worth the cost.