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Everybody feels that we need to upgrade aspects of our life to an extent but if we are truly going to improve the quality of our lives, we don’t necessarily have to spend a lot of money. Many people think that in order to improve everything we’ve got to upgrade to the latest model. This is not the case. How can you have a great life without spending a lot of money?
Invest in Quality Upfront
Half of the problem many people have is that they can only invest in cheap items. But when we invest in cheap things, they soon break down or suffer from wear and tear, and cannot be repaired. When we invest in slightly more expensive items and take the time to put aside finances to purchase the most useful items, they’re going to last longer, and it reinforces the idea that we are investing in quality. A very good example is the family car. Suppliers like Edmunds provide larger family vehicles, and when we are investing in a sturdy piece of equipment that will transport us and our loved ones safely, we’ve got to make sure that the quality is there. So when we invest in something a little bit more expensive, we will reap the benefits in the long run.
Spend Only What You Have
Money can appear to grow on trees, especially when we use credit cards. But one of the biggest issues in credit card debt is that we operate with a “buy now, pay later” mindset. This doesn’t help when we are trying to upgrade our lives without spending money. If you do not have money, do not spend it. And if you are looking to make a big purchase on life like a house, remember, you will need to have a credit card so you can accrue a good credit score but this is not free money. Get into the habit of looking at your bank account and only spending what you can realistically afford. Something like the 50/20/30 rule really comes in handy here, because it makes you compartmentalize each aspect of your finances and forces you to look at what is essential in your life.
Change Your Attitude Towards Life
If we want to make a big difference to the quality of our lives, we need to step away from the habits that are costing us money on a daily basis. We don’t always think about life in terms of quality, but view life as a benchmark based on our earnings. But if you were to win in the lottery tomorrow, would you just buy stuff that doesn’t add to the quality of your life? Because, as the cliche goes, you will soon find that money cannot buy happiness. So instead, look at upgrading your life by looking at your attitudes, and what makes life worth living. Because if you really want to upgrade your life without massive expenses, you may need to shift your focus away from “stuff.”
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