Last Updated 21 Apr 2020

The Practical Ways of Spending Money

Category Money, Spending Money
Words 458 (1 page)

What is better? To spend money Saving and investing your money for the future is one of the most practical things you can do. This is solid advice, but when you do decide to spend your hard earned money it should be spent on something practical, useful, and meaningful to the wellbeing of your existence. So many people either save their money or blow it on worthless crap. Here are some practical ways to spend your money on something useful: 1.

Travel to See the Significant People in Your Life – There may be no better way to spend your money than to use it to nurture and rekindle personal relationships with the most significant people in your life. As time quickly passes, we sometimes forget how essential strong personal relationships are to our mental wellbeing. The older we get the more we need true friends and family to be regular parts of our lives. 2. Hire a Personal Trainer – Your health is your life. Without it, all the success and affluence in the world is meaningless.

Committing yourself to a regular exercise routine is one of the best ways to maintain the health of your body and mind. Sometimes it’s hard to tackle this endeavor on your own. Spending money on a knowledgeable personal trainer who can set you on the right course creates priceless results. Make sure you stick with the trainer until you are committed to exercising on your own. 3. Fix What Is Broken – Have you been ignoring your screeching brakes? What about the excessively loud hum from your AC compressor?

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Or the scratching noise coming from your computer system? Sooner or later these small annoyances will wear down the reliability of the product and you will be left with a completely broken product instead of just a halfway broken one. Use your money wisely to fix and maintain your belongings. 4. Educate Yourself – Use your money to purchase educational courses or books pertaining to your career, or to a miscellaneous topic that interests and intrigues you. Remember, knowledge is power and your brain is the container of that knowledge.

There are few options for spending money on something more practical than the development and facility of your brain. 5. Add Value to Your Home – Your home should be your sanctuary, the place on this planet where you feel the most comfortable. Adding value to your home , be it personal value or increased monetary value, is always a practical choice for spending your money. If the additions you make increase your level of comfort for years to come, you win. If they increase the value of the home to a third party someday when you sell, you win. If both occur, you win big.

The Practical Ways of Spending Money essay

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