Things not to save on

Buy something that will last more than 3 years

The initial investment is important when buying items that you will use for a long time, such as furniture, appliances, handbags and shoes. Instead of buying a cheap product that will quickly break or become uncomfortable, it is more economical to choose a good product from the beginning.

Therefore, with a product you will use long term and regularly, quality is more important than price.

Spend money on personal development

Investing in self-improvement, such as improving your skills, exercising, and taking care of your skin and hair, will pay off in the future. You may think “things are fine as they are”, but the difference will become more obvious over time.

Of course, when investing in yourself, you can't do it emotionally or impulsively. To help you decide how much to invest, there are three questions you need to ask yourself to know what to do next:

- What happens if I don't invest in myself?

- Where will I be in 5 years, if I just passively wait for good things to happen?

- How can I achieve my desired goals if I don't invest in myself?

Spend money on someone special's anniversary event

Birthdays, weddings, promotions... are important events in everyone's life. Although you think spending money on these activities is expensive, in reality, your relationship with them can fade, when the other person sees that you do not really pay attention to the milestones in their life.

Remember, human relationships are lifelong assets. Be generous with your money and time, and give gifts that make the other person happy. Of course, depending on your financial situation and the level of intimacy, you can give them a suitable gift.

When buying something saves you time

Even though you know that buying a certain product, such as a vacuum cleaner or a dishwasher, will save you time, sometimes you decide not to buy it because you think it is a waste of time. In fact, if you can get used to the idea of ​​"buying time with money", you will be able to use your free time to focus on more important things.

Research shows that spending money to save time can make you happier. Many surveys have found that people who value time over money by working fewer hours and living closer to work are happier.

Spend money on fun decisions

When traveling, you may want to skimp on hotels and meals in hopes of saving a bit of money. However, this may not be the right thing to do. It is important to spend money that will allow you to enjoy yourself, rather than save money that will only cause you frustration.

The joys of travel will become lifelong memories, making your life more complete. Instead of saving too much and feeling bored, spend wisely when necessary.

Spend money on meeting people you respect

Have you ever thought, "I wanted to go out to dinner with that person, but it's too expensive, so I might as well cancel."

Don’t skimp on these things. Meals and time spent with people who are more knowledgeable than you are are valuable learning opportunities. The perspective and experience you gain during that time cannot be replaced with money.