Personal Finance: Practical Ways to Save Money By Spending More

The difference between a smart spender and a miser has a very thin line, wherein the quality of life is usually gauged by how a person spend his money wisely in order to be happy, comfortable, productive and healthy. Each one of us has his own way of saving money, wanting to be financially stable and achieve financial freedom someday, however we omit some important things in life such as quality time with our family, building new and lasting memories, and spending time taking care of yourself by relaxing, enjoying your “me” time or eating nutritious food. Is it true that spending more money can save you money in the long run? Yes, it is possible and you can also do it.

You can hire some help or outsource some of your heavy household chores. Time is valuable like money, so if your income per hour is more than what you would pay for asking someone to help you with mowing your lawn, cleaning your house, or walking your dog, then hiring someone to do all these jobs really makes financial sense. Consider grocery delivery in order to avoid new long check out lines, get a well-packed and well-wrapped fruits and vegetables, and shop in the comfort and convenience of your own home, saving you time and effort that can be used for more important things you need to do with your family, friends or with yourself. Life can be more meaningful and happy with the time you can save from hiring someone to do your daily household chores, that can be used as a time for relaxation after a long and busy day at work, brainstorm new investment ideas, spend time helping your kids do their homework, write your blog or time spent nourishing your spiritual life like attending a prayer meeting or bible study.

Invest in high-quality tools and equipment for home use is also a good idea of saving money in the future for fixing your leaky drain, damaged faucet and other home repair issues better and quicker. Home appliances and other electrical devices always have an upgraded version every year, but it doesn’t mean you have to buy the most expensive nor the cheapest brand either, instead focus on your needs and buy one that is perfect for your lifestyle. Dress yourself for excellence and success so that you can build your confidence in presenting your proposition and eventually get that dream position you long been wanting for.

When it comes to concerts, Broadway or sporting events, it will not hurt paying extra for upgrading your seat in order to fully enjoy, and same is true for a family vacation, getting a modest hotel accommodation will ensure maximum enjoyment with your family, creating long lasting family memories. Spending money on seminars, short courses or conferences allow you to acquire new skills, share your ideas, showcase your talent and increase your knowledge, continuously educating yourself, finding new hobbies and interests in life, and gaining new experiences you can share with your family and to other people.