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:
1. To maintain good health
Your health is priceless. Whether it’s opting for a more expensive health insurance plan at work because the coverage is better, ponying up for an Equinox membership, or picking organic …read more
Source:: Businessinsider – Finance