Pretty odd title, right? It seems everyone is always talking about saving. Saving for retirement. Saving for a house. Saving for a new car. Everything you read on financial blogs indicates we should be saving our money, not throwing it down the drain.
There are, of course, situations when spending is advised. Continue reading to learn more about how you can spend money to make you happy!
Spending money on “stuff” in general usually just adds a lot of clutter to our lives.
But there is one circumstance where spending a little more money can pay off and make you happier. Have you guessed it yet?
It’s time. Spending money to save time pays off.
There was a study where people were given $40 to spend either on stuff or on a service that helped them to save time. The findings were that there were more feelings of satisfaction after the time-saving purchase than when they bought new stuff.
You might think that hiring a cleaner or paying someone to mow your loans is a bit lazy. But what if I told you it was actually one of the most productive things you could do? It allows you to free up your time and energy to devote to your most important goals.
And that’s the clincher right there. If you free up your time by outsourcing a service then you want to make sure the reason you have done it does, in fact, increase your happiness or free up your time for more profitable endeavours.
Getting groceries home-delivered
Not only does it mean I have everything conveniently delivered to me. It stops the incidental purchases and the nag of the kids wanting to get more food.
Hiring a cleaner
When selling a house, spending $40 a week to get everything looking spic and span before an open house is the best investment you can make.
Pretty simple philosophy. If you own a small business or simply don’t have the time to do things like mow the lawn, go grocery shopping, or do the spring cleaning—hire someone. Relieve the stress of giving up your own time to do it by paying a small amount for someone else to. Invest in yourself.
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