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5 Do’s and Don’ts for Spending to Save Money

Instead of wasting money on things that will eventually become outdated, invest in and shop for what brings you long-lasting value and benefits.

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The satisfaction of material possessions does not last long. The things you Spend Money on that are not worth it will only bring you happiness for a short period of time. New things always become old and we no longer find them interesting.
Therefore, instead of Spending a lot of money on things that will eventually become outdated, the life hack website suggests that you invest in and buy something that can become long-lasting memories. Memories are a part of everyone’s life, making them feel happy and affirming who they are.
Based on the above mindset, here is a list of 5 things you should spend less money on and 5 things you should spend more money on. This list will help you save more money and enrich your life.
Things you should spend less money on
1. Electronics
Electronics are undoubtedly essential in today’s society, but that doesn’t mean you always have to spend money to get the newest things. The novelty and modernity of electronic devices will not last long because it’s almost certain that there will always be newer and better devices than yours in the coming year.
2. Trendy home decor
Just like electronics, there will always be a new home decor style that you can apply, so spending too much money to have a home that’s labeled by architects or the ones you see in magazines is unnecessary.
3. Cars
Trying to own the latest car models is not a smart lifestyle, unless you have enough capability to pay off the car before getting a new one.
4. Latest fashion trends
You shouldn’t feel guilty about buying clothes, bags, or shoes only occasionally. But if you constantly want to have a new bag or expensive shoes, maybe you should try to overcome this desire and save money for other occasions. Additionally, having a too big wardrobe also takes away a lot of living space.
5. Jewelry
Unique and beautiful jewelry is necessary for important occasions. It cannot be denied that many people can afford a thousand-dollar watch, but in reality, there is a thin line between beautiful jewelry and debts for most of us.
Things you should spend more money on
1. Education
There’s no feeling like understanding a new language without having to think too much about translating every word and sentence. Although some programs have expensive tuition fees, language classes in general are still worth the money. Spending time learning about culture, language, and other professions will broaden your knowledge and make you more flexible.
2. Traveling
Traveling can sometimes be expensive, but it gives you memories and experiences, both good and bad, for a lifetime. People often laugh when they think of the unpleasant experiences they have had. Additionally, some travel trips cost as much as a laptop or even less than a car that you want but don’t really need.
3. Music
Learning to play a musical instrument is a good way to start a tradition for your family. You can learn together with your children or teach them how to play an instrument and create beautiful memories.
4. Books
Books don’t require you to turn them on, make you feel happy, or force you to spend a lot of money, but they still provide you with valuable information. The world exists in various colors after every page you turn. Additionally, reading books is a good habit that you can teach your children in the future.
5. Food
Instead of spending millions on handbags and new designer styles, use the money to treat yourself and your family to delicious meals at home or when going out. In Italy, there are some cooking classes in vineyards. Each participant can learn how to cook delicious meals and share them with their friends and family. In Belgium, there are some expensive but delicious chocolates that are highly rated.

The post 5 Do’s and Don’ts for Spending to Save Money appeared first on meo.tips.



This post first appeared on VietNam Tips & Tricks, please read the originial post: here

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5 Do’s and Don’ts for Spending to Save Money

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