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Do You Invest in Expensive Knives?

My best kitchen knife broke last night while I was making dinner. It wasn't the nicest knife — when I moved into my apartment, over two years ago, my dad gave it to me and bought himself a new (much better) knife. Now I need to purchase a knife, and am considering splurging on a higher-quality, more expensive one. Should I? How do you feel about kitchen knives? Is it worth it to get a good one?

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