Surely the best way to spend one’s earnings is in experiences. Objects leave time for themselves, while experiences make you happier and allow you to have fewer second thoughts about spending.
It is much cheaper to spend our money on something beautiful to remember, rather than on purchases of tangible goods; this will certainly make us happier. For several years now, a stream of psychologists has been trying to prove that living an experience causes greater well-being to our minds than the possession of objects.
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The basic concept is that investing in memories fulfills us more than a day of compulsive shopping. It all starts with the idea that buying experiences, such as a trip, a vacation, a concert, a show, brings usmuch more happiness than, perhaps, buying a new dress, an object we like, a fashion accessory.
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Learn about other financial best practices
Good financial advice #22 | Watch less TV
Television is definitely a source of shopping inspiration, advertising unfortunately stimulates and ignites cravings and needs and pushes us to buy perhaps unnecessary items.
Good financial advice #21 | If you can buy it twice you can afford it
Shopping is an activity that has become easier and more fun over the years. Shopping, online or offline, has never been easier. This over-simplification of the purchasing process, however, hides some dangers that may lead us to not think through the purchase and thus overrun our budget. Here are some simple but useful tips to avoid crazy purchases.
Good financial advice #20 | Read a financial book every year
Reading to be more informed and to understand what strategies to adopt in managing personal finance and what mistakes not to make is the first step in increasing our knowledge.
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