spend money on | frugal | personal development | Marriage | healthy living

7 Things You Should Spend Money On

 

So I know the focus of my blog has been primarily about saving money, however, in certain circumstances it’s okay to spend money.   There are certain things you shouldn’t be frugal with because in the long run if you actually spend money on certain things, they could potentially help your future and help better you as a person.

 

Personal Development

I am big on personal development because I feel that if you can improve your character and really strive to help out as many people as you can, you will improve your life significantly.   I started reading self development books right after our first son was born and attended events with live speakers.   I feel that these events have helped me realize that my dreams aren’t far fetched and I can achieve what I want to achieve with the right mindset.  I ended up quitting my job and December 2016 to really go after my BIG long-term goals. I don’t think I would have been able to do that if I hadn’t taken the time to work on myself a bit.  

 

I have read several motivational books that changed my life  and in 2016 I read a book called  The Four Spiritual Laws of Prosperity.   This book definitely is one of my top must read books and I feel it let me dream and let me know that God wants me to succeed.

 

I also started to listening to podcasts about self development especially in real estate.  To be completely honest I was  scared to death when Greg said he wanted to begin real estate investing. I was afraid we would lose money and we wouldn’t be able to handle it. For me, the best thing I could do is learn how other people manage their businesses so the podcast are extremely beneficial for me (and they are free!)  

Bottom line, having  a positive mindset  will significantly change your life.  Creating a routine in which allows you to constantly feed your mind with positivity will allow you to be a better person.   In my opinion, you should spend money each year on personal development whether it be books, events, speakers or whatever.

Healthy Food

I know that eating healthier does cost more money than eating processed food, however,  I think it is worth it to spend the extra money to have healthy food and take care of your body for the long run. It helps to come up with a grocery budget and a meal planning schedule. These are a few things that will help you save you money on healthy food. You can also use Apps like Ibotta or clip coupons and order to save money on healthy food.

 

You only have one chance to take care of your body the way it should be taken care of so don’t waste your opportunity.  Healthy Living doesn’t have to be complicated or feel impossible.   You can sign up for my free Healthy Living course if you need help changing habits or finding ways to incorporate healthy eating into everyday life.

 

Clothing

In some instances I do believe it is better to spend more money on clothing. I do feel that if you have a professional job or are the type of person in which to keep clothing for 5 to 10 years, it is worth spending more to have good quality clothing that will wear nicely throughout the years.

 

You could end up spending more on cheap clothing that has to be replaced over and over or you can choose to buy good quality clothing that will last for years to come.  For example, I spend more on jeans than anything else.  I tend to buy a pair of jeans that will last for 5 years or greater so to me, I can justify the cost of the jeans.  Whatever that looks like for you, you may want to consider spending just a bit more on clothing to get your wear out of it.

Church/Charity

 

My husband and I started really paying off debt in October 2014.   One of our biggest fights was whether or not to contribute to our church and tithe while paying off debt.   Personally, I was all about tithing our 10% to the church while paying off debt. My husband wanted to take a different approach with paying off our debt first and then tithing.   We eventually had to come to an agreement and came up with a number that we were both happy with for now.  Since I started this blog, I tithe 10% of my earnings directly to our church.  I felt it was only right since God gave me a chance to do something I love.

 

Your Future

 

You should absolutely spend some time thinking about what you want your future to look like.  Not only that, you should spend money on your future in some capacity or another whether it be investing with an IRA, 401K or spending time developing yourself to do something you love to do.  Don’t live your life based upon what makes others happy.  You get to design your future so really take some time thinking about what you want and invest money into your future.

Your Marriage

The good news with this one… you don’t have to spend a ton of money on your marriage. It isn’t one of those things where you have to impress the other person by what you buy them or how much you spend.  Figure out your spouse’s love language and make a point to show them that you love them.  I do think that you should occasionally take time just for yourselves whether it is a vacation or a weekend away, but again, it doesn’t have to be expensive.  

Your Children

Hear me out on this.  I don’t think that you have to spend a bunch of money on your kids.  What I mean by adding kids to this list is that you should take time and really invest in their future.  Invest in activities that will build them up. Invest in sports, team building activities, family vacations, church camps and anything that will give them self confidence and help them mold their identity.  Most of these aren’t even monetary investments, but they help to build character for your kids which is so important.

 

It is totally ok to be frugal with certain things in life, but in some instances you don’t want to miss out on opportunities because they will cost money.  Weigh the total cost and what you have to potentially gain with spending your money.  In the end, I think it really boils down to making sure you are spending your money well and making intentional choices with your money.
What are you willing to spend your money on?

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