We all like — or at least try — to manage money wisely and be more economical. But this doesn’t always mean that you need to choose the cheapest things. Here are six expensive things where we don’t need to tighten our belts according to financial experts.
Not everyone has a chance to get a free education, and paid education is often very expensive (and many wonder if it’s worth it). Education is definitely worth the money spent on it. “The accumulation of knowledge will increase your value in the labor market and allow you to demand higher pay from a future employer. In addition, learning new things makes life brighter and more interesting”, said financial consultant and founder of Life Laid Out Roger Ma.
Traveling benefits your health and general well-being. Financial expert Stephanie O’Connell, in her book “The Broke and Beautiful Life”, says that she doesn’t spare money on it: “I like to travel because it brings me joy.” People become happier when they spend their money on some valuable experience, but not on things.
The Ministry of Health reminds: sleep is necessary for good health. So it is worth to spend money on a mattress, where you can have a rest with maximum comfort — even if we only dream about the recommended 7−9 hours of sleep. The presence or absence of a healthy night’s sleep affects all areas of our life. If we don’t sleep, then we won’t be productive at work, we won’t get a promotion and we will simply feel disgusting. A good mattress will be good for you and will serve your time.
Clothes that fit you well
If the clothes don’t fit you, you won’t look good, no matter what the designer sew it. Therefore, instead of filling your head with brands make sure that your clothes look perfect on you. “I think the overall look is more important than the name on the label. Regardless of the value of your clothes, it should fit you,” says Roger Ma, financial consultant and founder of Life Laid Out. This means that from time to time you will have to spend money on making clothes fit you in the atelier, but don’t spare money on it. “Clothes for your figure — is the key to success.”
Services that save your time
Ma and O’Connell agree: you shouldn’t refuse services that will help you save time. “Time is the only thing that you can’t return, — Ma says — If your work wastes all your time, then some tasks can be shifted on to the shoulders of professionals — for example, cleaning or home repair.” O’Connell says: “My friend and I use food delivery services according to recipes and recently hired a person to clean the apartment once a month. We have already reached the standard of living when you realize that time is our most valuable resource, so it makes sense to pay for something that will allow us to save it.”
Everyone knows that you need to invest in your health. O’Connell considers this spending column the most important: “I take care of my health — I buy gym tickets, fresh food. These expenses not only have a good effect on my physical health but also give me sincere pleasure.”