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Personal Finance: Practical Ways to Save Money By Spending More

The difference between a smart spender and a miser has a very thin line, wherein the quality of life is usually gauged by how a person spend his money wisely in order to be happy, comfortable, productive and healthy. We all love to save some money for the future, and some of us even to the extent deprive ourselves of the best things in life such as building new and lasting memories with our family, quality time with them, and eating healthy food. Is it possible to spend money and save money at the same time? Yes, it is possible and you can also do it.

Outsource your household chores. 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. Grocery delivery is increasingly becoming popular in order to avoid new long check out lines, get a well-wrapped and well-packed fruits and vegetables, and shop in the convenience of your own home can save you time and effort, which can be used for more important things you need to do. The time you save from outsourcing your household chores 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 spirituality.

Invest in high-quality tools and equipment for home use is also a good idea of saving money in the future for fixing your leaky drain, damaged faucet and other home repair issues better and quicker. When it comes to home appliances or electrical items, they always have a newer version or latest model every year, so it is best to purchase not the most expensive one nor the cheapest one either, instead focus on your needs and buy one that is perfect for your lifestyle. Don’t be afraid to spend some money investing on your suit or work clothes, it is important that you build your confidence by dressing yourself for excellence and success so you can get that dream position you long been wanting 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.