I'm probably both. My pinking shears are Gingher. My (multiple) sewing shears are Fiskars. My rotary blades seem to last a good, long time; I buy Olfa. I check the sales bins, first . . . then buy whatever other fabric I want. I buy fabric from wherever, if it's nice fabric. I don't believe in wasting money, regardless of the item. I don't believe in buying things, "for bragging rights."
That said, I do believe in paying more, in order to not have to replace an item, a few years down the road. My cordless drill has (so far) outlasted two of DH's drills. I allow him to use mine, as well. DH - "If mine breaks, I'll get a new one. I can buy three, for the price of yours." Me - "When you're on your fourth drill, we'll still be using my first one."
Needless to say, I also take much better care, of mine!