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Allow yourself to spend money on the things that make you happiest.
- Saving money is important, but there are times when it's necessary to spend.
- You shouldn't cut corners when it comes to spending money on things that improve your health, happiness, or financial situation.
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Money is a utility that, in its best form, is meant to improve our lives.
As such, there are a few times where a product, service, or experience is worth the additional cost (as long as you're not slipping into credit-card debt because of it).
For example, you're better off spending money on a life insurance policy to protect your family than not having one at all; paying a professional for help with your money if you're paralyzed by indecision; and yes, buying the latte if it's something you enjoy and it doesn't distract from your other goals.
Here are seven times you're better off spending than saving:
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