Study: My Understanding of Savings

Personal Finance: Practical Ways to Save Money By Spending More

It is always best to be a smart spender with increased quality of life, saving you some cash over time than a miser but tired and miserable. 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 really possible to save money by spending more? Yes, it is possible and you can also do it.

Outsourcing heavy household chores can definitely save you money in the long run. In life, time is very important as it equates to money, so if your hourly income is more than what you would pay for asking someone to help you in doing the household chores, mow your lawn or walk your dog, then it 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. You can increase your quality of life by outsourcing because the time saved can be used as a time for relaxation after a long and busy day at work, spend time helping your kids do their homework, brainstorm new investment ideas, write your blog or time spent nourishing your spiritual life like attending a bible study or prayer meeting.

If you invest in high-quality tools, it will make your home repair issues solved properly and quickly, saving you time and saving money from labor cost. As we all know electrical devices, gadgets, and home appliances continuously have an upgraded model, so it is best to invest your money by focusing on what you really need and yet still fits your lifestyle. Dress yourself to depict your character and one that reflects excellence and success, in that way you build your confidence in presenting your proposition, and get that position you are aiming for.

When it comes to leisure, you don’t have to spend much on VIP passes just to watch your favorite sporting event or your favorite band’s concert, but it is worth it paying extra to upgrade your set to fully enjoy yourself, and same as it goes with family vacations, getting a modest hotel accommodation will ensure maximum enjoyment with your family, creating long lasting memories together. It is always worth it attending conferences, seminars or engaging to crash courses in order to acquire new skills, share your ideas and increase your knowledge, continuously educating yourself, finding new interests and hobbies in life, and gaining new experiences you can share with others.