The unexpected advice on how to save small amounts of money that will, counterintuitively, make you happier.
How to Save Small Amounts of Money
Cheaper house, reasonable car, good job. Have a latte.
Will buying your dream home make you happy?
Research shows you’d be happier if you spent your money on experiences – like attending a concert or traveling – over material objects like a new car or house.
But most people believe their happiness will last longer with a home or car.
Instead, material goods raise happiness for a brief period but eventually become part of our everyday lives and fade into the background.
So while a smaller, less expensive home means less square footage, it trims your utility bills, lowers property taxes, and requires less maintenance and repairs.
The more stuff we own the more mental energy is held hostage by them.
Buy small and free your mind.
For more tips on cutting your home expenses, see 10 Clever Ways to Save Money on Your Mortgage
Your Fixed Costs Aren’t So Fixed
J. Money, Budgets are Sexy
Even the most efficient budgets need to be re-evaluated once in awhile.
Budgets are Sexy suggests questioning the amount you’re paying on fixed expenses – cable, phone, and insurance.
Do you feel like you’re paying too much? Slash your bills using these guides:
To Curb Impulse Buys
Whether you enjoy shopping or can’t pass up a good sale, impulse buys can derail a budget.
But if the urge to buy strikes, consider this advice:
Check the price tag and ask if the item and the happiness it will bring is worth the amount written.
You look good in that dress, but is looking good worth $150?
What advice has help you save small amounts of money? Leave a comment below!
Cassano, J. (2016, February 26). The Science Of Why You Should Spend Your Money On Experiences, Not Things. Retrieved April 03, 2017, from https://www.fastcompany.com/3043858/the-science-of-why-you-should-spend-your-money-on-experiences-not-thing
Higgins, M. (2013, July 13). Homeownership, the Key to Happiness? Retrieved April 03, 2017, from http://www.nytimes.com/2013/07/14/realestate/homeownership-the-key-to-happiness.html