If your car is stock, you are just wasting money for the most part. In a lot of engines designed and tuned to run 87 octane, the performance will actually be worse with 93. This is primarily due to the slower burn rate of higher octane fuel.
That being said, if you change parameters by such as advancing timing, then the higher octane and more stable burn rate will be necessary.
Bottom line, if you're running a stock built and tuned car, use 87 octane and save your pennies for mods that will require them.