23 Things That Are Worth Spending Your Money
Not everything you find at the stores is worth spending the money on, stepping in doesn’t mean you must make a purchase. However, there are things that are worth spending your money on at some point in time, whether basic or discretionary in nature.
Most people with impulse spending behavior find themselves buying things not worth their money. But today, everyone should be cautious about spending due to high inflation, or else you will keep asking where your money went.
Before you shop online or step into the nearby store, make a list of things worth spending money on that moment to save. Let’s get into a list of things worth spending the money that won’t hurt your paycheck spending for the month.
Things Worth Spending Your Money
To effectively meet your needs you must have an income to spend. Here is a list of things with value for money worth the expenditure.
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Education
Investing in learning is one of the most important things you should do for yourself when you want to get better in life. If you want value for money forever, invest in acquiring knowledge.
There are different fields of learning you can spend money on to change your life for example finance, technology, farming, personal development, and more. And when you have kids, there is nothing compared to providing good education to them.
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Healthcare
If you want to have a good life, healthcare is among the most important things to spend money on for a living. There are different ways to spend on health services for example medical checkups, prescriptions, physical therapy, and more.
You don’t want to visit the doctor or health service provider when the condition is bad, this is where you need to have some money saved up to cater for medical checks.
Prescriptions are also worth spending money on because you need directions on treatment from an approved health service provider.
When your body is not in shape sometimes you are advised to exercise but under professional guidance of a physiotherapist. Here there’s time spent and money to receive professional services to have a good life.
Most people mind about their health when it is too late but it shouldn’t be the case. First things first, you don’t need to have a second thought about spending money on your health.
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Shelter
This is one of the major basic needs for each and every individual at any stage in life. If you are an adult, spending on accommodation is among those most prioritized expenses monthly.
Shelter is worth spending money on but responsibly, you need affordable accommodation to save. Today everywhere around the world rent costs have gone up.
Despite high rental costs, you need a place to live, whether you are living alone or with your family. You might be facing high rental charges but shifting to a cheaper location can save you the cost.
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Auto Insurance
Because you own a car, expect to land in an accident at any point in time while driving. Without insurance, simple car accidents can wipe out your paycheck earnings for the month.
However, car accident costs can be sorted out with proper insurance coverage despite the premium costs. There are insurance companies with quality services worth spending your money on to save for the future.
Think about insurance policy covers like motor comprehensive, liability insurance, personal injury protection, and other forms of motor insurance worth spending your money on. Insurance companies offer different premium charges to clients accordingly for business reasons.
Though you would like to consider a higher deductible to save money on car insurance, an item like liability coverage is not worth cutting to save premium costs.
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Food
Despite other items, there is no way you can live without eating because food is a basic need for our lives. And eating healthy is a recommended practice by professionals for one to live a better life.
Healthy food is worth spending money on compared to junk which disorganizes our lives consuming it. A pantry stuffed with foods rich in vitamins, proteins, and carbohydrates for a balanced diet is worth the money.
Food is among the top list items you should consider when spending money despite the high grocery costs in the markets and at the stores.
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Clothes and Shoes
Other things that I won’t need to think a lot to have but responsibly spend on them are clothes and shoes. You don’t have to go to expensive designer stores, there are local stores within your means where you can buy cheap to look good.
We can have quality good shoes and clothes bought cheaply in local stores where management fees are less hence clients are not charged highly to cover costs incurred.
If you want to look dressed up nice then clothes and shoes are worth spending money on but responsibly to save your wallet from the crazy economic environment of today.
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Mattress
We all know that sleeping is healthy right? Then an appropriate affordable mattress is worth spending some money on to have a healthy rest.
Everyone needs a quality mattress to have a good sleep without complications. I remember suffering from back pain without knowing that all was happening because of the nature of the mattress.
A quality mattress is worth spending that money on to avoid any health complications after sleep, but the costs should be within your budget.
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Home Appliances
If you want to have a fully equipped good-looking home you must spend money on home appliances like freezers, washing machines, kitchen stoves, air conditioners, and others.
Essential home appliances of different categories are worth spending money on because they are essential for domestic purposes. Though you want to buy cheap to save, spend money on quality appliances to get value for money.
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Vacations
No matter the kind of job you are working, you need to have some time off during the year. If you save some money for a vacation, it is then worth spending it to enjoy your life.
Spending on you is one of the best things you should and it is financially healthy. Many places are out there where you can take time refreshing your mind traveling around during holidays.
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Sportswear and Gadgets
You don’t have to be a performer to invest in equipment to use at the pitch or any other sporting space. Quality sports equipment keeps you safe and free from minor injuries hence worth spending money on them.
Look around for quality gloves, shoes, baseball bats, shin guards, helmets, and other sporting gadgets worth the money. Sports people like rag bay players, football players, car rally drivers, boxers, and bikers must spend money on equipment to keep safe.
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Mobile Phone
I don’t know about you when it comes to spending money on phones. The moment I lose a phone I hesitate less to buy another one to use.
Though I spend money buying phones, the same applies to loading monthly voice and data bundles. Today people use their phones for different purposes for example personal and business.
It is hard for an adult to live without a phone because it is a means of communication. There are many ways to spend money on a phone, and you can’t stay away from using it today.
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Quality Sleeping Pillows
You don’t want to get complications with your neck due to bad sleeping posture, right? Then get quality sleeping pillows as advised by a professional to live a better life.
If having a good sleep is worth investing some money in, pillows are some of the most affordable things to consider.
Bad sleep can cost you a lot of money over some time. I had serious neck pain for quite some time but I didn’t know it was coming from sleeping without a pillow, ever since I got a pillow the pain disappeared.
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Professional Cleaning Services
Doing things yourself saves, right? But there are days you won’t have the time to work it all alone.
Sometimes hiring a professional to do thorough cleaning at home is worth the money. When cleaning there are places you don’t attend to whereas a professional can do all that in no time.
Professional cleaning services can be used quarterly or depending on the need. Let’s say you had a busy month when you had to do general cleaning, then it would be wise to get someone to do the work at a manageable fee.
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Quality Computer
In today’s tech era doing work on a computer is the future, you need a fast computer that will process data in no time. Whether you are working online or not sometimes you need a laptop or desktop computer to do the work.
According to the type of work you are doing, a quality computer is worth spending money on for effectiveness and efficiency. A good computer will save you time and money due to fast loading speed and quicker execution.
Guess what? My mobile phone works as a computer too, spending money buying a computer and its gadgets I don’t hesitate because I work online.
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Backpack
If you like travelling spending money on a quality backpack is worth it. You can use a backpack to carry your things at once without other luggage.
Quality backpacks are long-lasting despite being expensive to buy. I have five backpacks in different colors been around with them for more than five years.
What backpacks are worth spending on money? travel backpacks, laptop backpacks, camera backpacks, Hiking backpacks, Biking backpacks, and several others.
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Car Maintenance and Safety
Keeping the car in good condition and using the right safety equipment should be prioritized to stay safe on the road. Most people think about car safety and maintenance after an accident has happened.
You should spend money on car maintenance whenever it is required to see the mechanic and also buy quality car safety equipment to save your life in case of an emergency.
The amount of money spent on car maintenance and safety varies according to type, driving habits, location, and others. In the United States statistics show that car maintenance costs go from around $1200 to $1500 annually.
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Books
Don’t get me wrong here, right? Not all books are worth spending money on but there are lots of books to read to expand your knowledge.
If you are an avid reader there are book titles you would like to dive deep into despite the costs for example Rich Dad Poor Dad, Millionaire Next Door, Psychology of Money, and others. Am a great fan of personal finance books because I like reading about money.
Learning doesn’t end and there is a lot out you don’t know kept in books. Most people don’t want to read but the time you will realize that reading is powerful you will stop spending money on useless things.
Other personal finance books worth spending the money on, right? I Will Teach You To Be Rich, Your Money Your Life, The Total Money Make Over, The Automatic Millionaire, Simple Path To Wealth, and more.
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Charity Organizations
We don’t spend on charity organizations to get something in return, it is a way of giving back to the community. If you have something to offer for free whether an asset or money don’t think twice to provide to those in need.
Honestly, people who give back to the community are rewarded by nature which is why they get more to spend on others. It is worth spending money on organizations far and nearby that support people and their values.
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Entertainment
How many times do you have fun in a month? It is healthy to enjoy yourself responsibly.
Spending money on you at least twice a month is financially health. Go watch a movie at the cinema, attend your favorite game, Go to a concert, and other forms of entertainment worth the money.
Spending $10 on a movie night or $100 for a music festival for entertainment purposes is worth it. This is not about spending but enjoying yourself.
Honestly, I like having fun with friends over the weekend though not frequently. No matter where you live, there are places where you can spend money to have a life.
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Finance Advisor
If you want financial assistance talk to an expert for guidance despite consultation charges but the services provided are worth it. Financial advisors may charge you hourly, based on the assets managed or as agreed.
Some people don’t mind spending on professional service providers. Finance advisors are very important when it comes to making informed investment decisions to protect and grow your wealth.
Despite the cost, hiring a finance advisor is among the best things you can do for yourself to protect and grow your wealth over time.
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Home Repairs
You can’t do everything yourself, spending some money on home repairs to live a good life is worth it when you find a professional within your budget to do the work.
The pantry, toilet, door locks, and other places of convenience may need some repair. If you are working to have a better life, then spending money on repairs should be on budget.
Improving your home gives a new life to your family members thereby living comfortably in a new environment. You need to budget for home repairs at the end of the year or whenever it is required.
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Backyard Garden
The fact that you want to cut costs on groceries, then spending money on the backyard garden is worth it. Here you will stop frequenting to the grocery stores to buy some foodstuffs when you start producing them in your garden.
Planting things yourself will cost you money on garden tools, pesticides, professional services, and other requirements as advised. Start saving money on green vegetables, onions, tomatoes, paper, and other things you can grow in the backyard.
It is worth spending money on your garden to eat natural foods for less compared to frequenting to the stores where you incur transport costs.
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Savings
Whether you are planning for a future investment plan or not, savings accounts are worth spending on money. This sounds like not spending money but you are saving to spend at a later time.
You might want to use a savings account in the bank or keep the money with you in a safer place at home in a sinking fund.
FAQs – Things Worth Spending The Money
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Do I Need To Budget For Things That I Want To Spend Money On?
It is best practice to budget your expenses to avoid impulse spending when you get to the stores. Here you can effectively account for your income and expenditures during the month.
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What Percentage Of Paycheck Earnings Do I Need To Spend On Savings?
It depends on the type of budgeting rule you are using to meet your money goals. If you are using the 50% 30% 20% rule, 50% goes to basic needs, 30% goes to discretionary and 20% goes to the savings account.
