It goes without saying that most departments of our lives heavily rely on money. The manner in which we utilize this powerful tool determines the level of our financial freedom. I’m certain we’ve all heard of the saying “Save money & it will save you”?

Contrary to popular belief, buying cheap items doesn’t necessarily equate to saving. Paying more can sometimes save you considerable amount of time & guarantee sanity in the long run. For instance, you may buy an item simply because it is cheap only to find that its quality is not on superb, so in your decisions quality takes precedence. Furthermore, spending a large portion of your money on experiences instead of fleeting things has the potential of producing everlasting effects. We’ve all bought something then later felt dissatisfied, so it is wise to carefully evaluate where your money goes & maintain a balance between what you save & splurge on. Why not ponder on these classifications? 


Trending clothes:  As is the custom, we tend to splash money on anything that is trending, but what happens when the trend becomes obsolete? Do we chuck the items in the closet & never make use of them ever again? Rather wait for a sale at your favourite store to buy it for a lesser price, and you will still look fashionable. Some shops usually offer good discounts as well on trends, when you buy online. 

Groceries: Have you ever been at a Supermarket’s aisle, came across a fancy “version” of certain product & then realize that you can actually purchase two or three of those products with the same price when you opt for the store brand’s products! Not only will opting for the latter save you money, but it will also add to the grocery list & have the food last longer at home. Also, before shopping, compare the different prices of the different stores (using their catalogues)

Seasonal clothes: We obviously need relevant clothes as seasons continually mutate. However, shopping for these can unwittingly snatch a huge bite from our budgets & leave us with crumbs due to panic buying; such is often the case in the face of winter – its harsh temperatures can easily drive one to buy excessive warm clothing. It’s  advisable to buy your winter clothes in summer & vice versa, because it is much more affordable in most retail stores that way. Before you do that, rummage your wardrobe to see whether that jacket you bought for the previous winter still fits you to avoid redundancy. 


Events: Special occasions usually happen once in a while, usually to celebrate or commemorate a milestone . Such can include : Birthdays, Weddings, Graduation, Anniversary, etc. Spending your money on something that you treasure will leave an indelible mark & leave you with a sense of fullfilment.

Health: This is the most crucial part of our existence; the sustainability thereof significantly contributes towards our happiness. You never know when you will need a doctor & for what condition , so having a boatload of cash will afford you the best health-care available. This also includes therapy. 

Education: Knowledge is the one commodity that no one can snatch from you. Everyone wants high-quality education, which is costly. Splurging your money in this particular area would be substantial. Constantly developing your education level will place you at a better position of receiving great opportunities & you will consequently generate more money than you initially invested at school. 

Travel: Indulging your money by visiting different places will simultaneously

afford you the opportunity of learning & having fun. 

Please refer to my previous article here for full reference on this.