There is no use being frugal and saving every penny while life slips you by. You make money to buy stuff that makes you happy. But when you have enough, you want even more. So stop for a while and read our 10 practical ways to spend your money.
1. Travel to meet significant people
We all have people we haven’t met in years and relatives we haven’t seen in years. So, instead of wasting your money on worthless stuff you can plan a trip to meet your near and dear ones. You will not only feel good about your money well spent but also be emotionally fulfilled. So, set aside some money to meet your loves ones.
2. Hire a personal trainer
You see health is wealth and without good health no amount of money can keep you happy and contented. So if you want to spend some money why not spend it on yourself. Hire a personal trainer and for those who think trainers are a waste of money- they are not. A trainer will make sure you exercise well and in the right manner. You can exercise on your own once you get the hang of it.
3. Pay down debt
Needless to say that if you have heavy or any kind of debt piling up on you, it is better to get rid of it first and then think about spending money someplace else.
4. Buy healthier food
“You are what you eat” and if you eat healthy you will have a healthy body and mind. So, stop spending on junk and instead spend on healthy food.
5. Update your wardrobe
Every woman would agree to it and may be every fashion conscious man too. You are judged from your appearance and you know what they about first impressions. So don’t ruin your chances by being sloppily dressed. It is time you spent some money for upgrading your wardrobe. (P.S. – Ladies we know you love the idea but please shun the thoughts of spending everything on a LV or Hermes handbag).
6. Buy gifts for people who matter
What better way to expresses your love and gratitude to the people you love? Just buy them meaningful gifts and it would be even better if you surprise them. Who doesn’t love unexpected gifts!
7. Spend on your hobbies
One of the best ways to spend money is to spend on things you love. So this is the time you spent some money on yourself and your hobbies. If you are a movie buff, an HDTV and Blue-Ray player makes sense. Money well spent on any kind of hobby is never wasted.
8. Take a vacation
Spending on a vacation is much needed by everyone. This will refresh and rejuvenate you for the next innings.
9. Educate yourself
You can learn anything new, doesn’t have to be rocket science. You can spend money in buying educational material.
10. Fix what is broken
May be it is time you fixed the TV or that laptop that crashes every 5 minutes. Use money wisely to fix and maintain your belongings.
May be the neighborhood kids will not call you uncle scrooge anymore.