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.
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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We deal with over-indebtedness prevention related to usury risk every day throughlistening, counseling and support. We are approached by employees and retirees who are in a situation of imbalance between income and expenses and cannot pay their debts.
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Learn about other financial best practices
Good financial advice #10 Start saving early
The earlier you start your savings plan the better. Saving and creating an emergency fund is imperative to have proper management of personal finances.
Good financial advice #08 Create a spending mantra
Choose a phrase that can help curb your purchases and rationally choose what expenses to make and how to use your budget.
Good financial advice #07 Set financial goals
Planning is a cornerstone of good financial education and an excellent habit to always be in control of one’s finances. Setting goals, in life as well as in personal finances, is the key to success. Without goals, the road will surely be riskier.
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