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Money is one of the things we worry most about in life. And no wonder, it surrounds us daily. Look around you, everything that you can see has a price and if you own it you probably already paid it.

At the same time, about 99% of the population has not enough money to carelessly throw it out the window. So no wonder we continuously consider whether we should buy something or not.

And since money can make you or break you in our world, we hate the feeling of having wasted our money.

Well, do not worry! After you went through this article, you will know precisely how you can spend your money wisely!

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1. Spend Money on Necessities

Let’s make something clear first. You NEED to spend money on necessities. It is very honorable for you to want to spend money on things that will make you grow, but unless you can cover your essentials, you won’t be able to do it for a long time.

Now at the same time, you need to be honest with yourself about what your necessities are. Do you really need that Netflix and Amazon Prime subscription? Do you need to have a manicure every week? How about that new iPhone, do you actually need that?

I am talking about your actual necessities — things like food, clothing, housing, water, electricity, and wifi.

But even those are areas where you can spend different amounts of money. Do you really need that two-bedroom flat or would a smaller one suffice? And how about going out and eating sushi, is that worth the money right now?

Take some time and establish your none negotiable necessities. And never feel bad about spending money on them.

2. Invest in Education

Knowledge is potential power if you act upon it. That said, you need to educate yourself to create the extraordinary life of your dreams. Therefore education is undoubtedly a topic where you can spend your money wisely.

But be careful! Not everything that will educate you is worth the money. You need to thoroughly consider whether education at a more expensive college will give you an advantage that is worth the price.

And don’t go and buy all study materials that are available out there. Trust me; as a law student, there are endless pricey options for me to support my studies. But do I need them all? No, of course not. Quite on the contrary, it would only lead to information overload. I am doing way better with just a few selected options.

You should also remember that education doesn’t stop after school or university. In fact, for many people, the most useful education only starts after that.

If you genuinely want to succeed in life, you have to educate yourself on things that will help you create the extraordinary life of your dreams.

To help you with that, check out my Reading List for Personal Growth. I always keep it up to date on my favorite inspiring non-fiction books.

3. Use Money to build Income Streams

We Felicity Seekers want a life in financial freedom. If you are not born wealthy, that means you have to build a stable stream of income. Or even better, multiple streams of income.

To build anything, you have to invest in it first. So put aside money to invest in the future of your business or stocks and fonds.

Build a passive income stream so that your money can work for you and creates more wealth.

For example, you can invest in an online course that will help you build a business. If you want to learn how to publish hundreds of Kindle books without having written even one of them and make a successful passive income stream through that, you could invest in Stefan James’ K Money Mastery.

I’ve purchased the program, and experienced how he takes you by the hand and leads you through all the essential steps in setting up a successful Kindle Publishing Business.

I didn’t stick with Kindle Publishing because I found more joy in building my Blog, but his testimonials speak for themselves. His program works!

But of course, there are countless other options out there to build your own business even with little money and comfortabl from your home.

4. Invest in quality Items

An important lesson many people learn as they get older is that it is wiser to spend money on quality rather than quantity.

Yes, it might hurt a little to spend all that money on something when you could easily find a cheaper version of it. However, in the long run, it will most likely save you money and definitely time since you won’t have to look for a replacement.

For example, when I purchased my first Yoga matt, I went straight for a more expensive version but of higher quality. Sure, I could have gone with a cheaper one, but the low quality would have bothered me endlessly and sooner or later I would have purchased a better one anyway. So why not do it straight away?

That said, I also need to mention that higher quality does not always equal expensive! You can also find rather shitty but pricey items. And if you look at product rankings, you will also find that the best-ranked product is not always the most expensive one.

5. Purchase Timeless Items

Stop chasing trends! If you want to live an extraordinary life stop following the crowd.

Why waste money on items that will only be “in” for a year if you could spend the same money one something that you will use for three or four years?

You don’t need to be “in” for people to like you and you definitely need to overcome that fear of missing out.

If you spend your money wisely now, you will be able to afford spending it on every trend that will come in five or ten years. Just get your priorities straight first!

6. Invest in your Health

For some stupid reason, many people are ok to spend excessive amounts of money on unnecessary things but refuse to pay even a small part of that on their health.

Your body and your mind are the two things that enable you to live this beautiful life. You should cherish them!

Hell, you should wake up each day and thank the universe for having healthy legs that let you walk around, for having eyes that make you see the most amazing colors, pictures, and movies, for having ears that let you listen to fantastic music and for every other part of your body and mind no matter how well it functions!

So stop wasting your money on useless things and invest in healthier food, in gym memberships, meditation courses, fitting office chairs, blue light reducing glasses, and so much more that will enhance your life.

But as always spend your money intentionally. You don’t need shitty or excessive health gadgets. A few effective ones are more than enough!

7. Spend Money on Time-Saving Services and Products

Time is your most valuable asset. You can never get more of it, but you can always make more money. So whenever you can spend money to save time, it makes sense to do so.

Think about some tasks that you can outsource. Maybe you can hire somebody to clean your house for you. Or you can search for a virtual assistant for your business on Fiverr to take over repetitive tasks.

For example, recently, I invested in a yearly subscription of Tailwind to save me time promoting my business on Pinterest. And let me tell you it was worth every single penny! The monthly views of my Pinterest account went through the roof within days! And for the first time since I started my Blog, I began to receive some traffic!

So if you want to grow a blog like me, I can full-heartedly recommend you Tailwind! If you click on the link, you will even get a discount. (We Felicity Seekers have to stick together after all ;D)

And again, courses like K Money Mastery help you create the financial freedom of your dreams in a significantly shorter amount of time then it would have taken you to figure all this stuff out on your own.

You should also check out my 15 Ways To Spend Your Time Wisely.

8. Use Money to Contribute

Spending money to help other people is never wasted money. Not only does it increase the happiness on this planet, but it also makes you feel good.

And there are seemingly endless options on how to contribute. You can spend money to help the poor, children, animals, the environment, movements, or support researches.

Furthermore, you have to be in an abundance mindset to spend money like that. This sends the right vibrations out into the universe, and you will attract more of that money abundance. If you are interested in this concept, you should check out my Law of Attraction 101.

9. Spend Money on Family & Friends

According to the 5 Love Languages, gifts are one of the 5 love languages of humans. For some people, it is even their primary love language, and therefore, they need to receive gifts to feel loved.

Spending money on your family, whether it is through gifts or some kind of support is essential. It shows them your love.

However, you should always consider that love cannot be bought. You can spend a fortune for your family and friends, but if you refuse to spend time with them or support them in moments of need, the relationship will not flourish.

Money can certainly show others that we love them. But we cannot prove it solely through money!

10. Spend Money to gain Experiences

Although we live in a materialistic world experiences and the memories we keep from them are the most valuable things one can own in life.

Of course, luxury items are fantastic, but if you are lying on your deathbed and look back upon your life, you will most likely remember that exciting kayaking tour and not the iPhones you bought.

However, many items can lead to amazing experiences. You might have to buy that Harley Davidson, for example, to experience many memorable road trips.

In the future, try to invest money intentionally in things that will lead to fantastic experiences. That money is never wasted.

11. Spend Money on Things that Light You Up

Now, we’ve talked a lot about wise options to spend your money. However, sometimes it might also be wise to spend money on seemingly ridiculous things that belong under none of the categories mentioned above.

You should also spend money on things that light you up. Things that you have a passion for and that make you immensely happy.

However, as always, you should put some thought into it before you make the purchase. Is this investment going to make you happy long-term? Or will it just bring short-term happiness and then be forgotten or even bring annoyance with it?

For example, you might be collecting something, and that can be great. But if you collect so much stuff that it is cluttering your whole house and you don’t even see the items most of the time, is it really worth it?

Or could you spend your money more wisely?

I hope this article eases your mind the next time you have to make a money-based decision.

Always remember, the kind of life you are going to live in the future can be easily measured by the way you spend your time and money today.

What kind of future do your spending habits predict? What do you want to change? Comment down below!

If you take immediate action, you will be able to create the extraordinary life of your dreams in no time!

Sophie

I’m sure I don’t need to convince you that you should want to be rich. But have you ever considered how exactly it would change your life?

Most people only want to be rich to fulfill their current wishes and dreams above their budget.

They rarely let themself imagine the whole extent to which their life could change with more money.

This is probably why so few people pursue wealth with serious effort.

After all, your wish for a more expensive car or designer handbag is unlikely to justify the hard work it will take to achieve lasting wealth.

But maybe these reasons will.

Enjoy!

1. You can buy whatever your heart desires

Let’s get the most obvious reason out of the way first. 

When you are rich, you can buy whatever your heart desires. Want that Lamborgini? Purchase it! Want that Channel bag? What are you waiting for? 

Depending on how rich you are, you will never have to look at a price tag again. 

Maybe only when you think about buying an island or yacht or something in similar realms.

But hey, what are a few million dollars if you are wealthy, right?

2. Money makes pretty

And I am not talking about plastic surgery, botox, and similar things. No, money is, in general, able to help you get prettier.

Did you ever notice how rising celebrities became prettier over the years? (Again, without any boob jobs or such.) 

They have a better style, seem more in shape, have a flattering haircut, and their makeup and skin are perfect.

Being rich enables you to get a stylist who will bring the best out of your looks. It allows you to get a personal trainer who can tell you exactly how to train to get the body of your dreams.

You can consult a nutritionist who will help you with the perfect diet to avoid health issues. And you can afford regular dermatologist appointments to make your skin look amazing!

You can also afford better hairdressers to get that haircut that perfectly flatters your face.

You can see that money opens many doors to you that will make you look simply stunning!

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3. Money can make you healthier

Having a lot of money and not needing to stick to a budget enables you to afford the best, healthiest food. 

So instead of cheap fast food or frozen stuff, you can get the freshest fruits, herbs, meat, etc.

And as mentioned above, you can afford to regularly consult a specialist like a personal trainer or nutritionist, who will help you on your way to optimal health.

And another fantastic thing that most people do not have much access to due to high costs is body hacking. So there is a whole industry on how to “hack” your body to achieve optimal health.

There are, for example, bulletproof upgrade laps you can go to. You can also buy a variety of health-improving gadgets like a water ionizer, blue light blocking sunglasses, PEMF therapy devices, red light therapy devices, a PEMF mat, and so much more.

Seriously, I was stunned to learn this whole other world out there existed! 

And I was very much looking forward to using some of the stuff until I looked up their costs. But, save to say, that spark of excitement shriveled up real quick.

So, for now, I focus on growing my stream of income so that in the future, I will be able to utilize more of this fantastic technology and live the healthiest life possible!

4. You can support your family more effectively

Are your parents enjoying their jobs? Statistically, they most likely aren’t. 

So how great would it be if you could send them into early retirement through your financial support!

Being rich gives you incredible opportunities to support your family on an entirely different level. 

For example, you could pay their mortgage or pull them out of other debts. You could also send your children to the best schools available.

I am sure you can think of many other ways to support your family if you only had the money for it. 

For many, that is one of the best motivations to become wealthy.

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5. You can help so many other people

Of course, other than your family, money also enables you to help others who are in need all around the world.

For example, you can donate significant sums of money, organize schools in developing countries or help others become rich through your support and coaching.

The possibilities are endless. And once you have your needs fulfilled, you will want to experience the joy that comes from helping others. 

That way, you can also look back on your life and be proud of the happiness you brought to other people.

6. You can make a global impact

Being wealthy enables you to make a significant impact on the world. 

For example, you can invest your money into developing new technology. Or you can use it to clean the oceans.

While the previous point focused more on short-term contributions, making an impact means that your contribution will live on for many decades and maybe even far beyond your death.

In 15 Life-Changing Questions You Should Ask Yourself Today, I encouraged you to ask yourself what you will leave behind on this earth. 

If you use your money to impact, you will clearly answer this question.

7. You can spend your time the way you want to

At Striving for Felicity, we believe that time is your most valuable asset. 

Most people have to spend their time earning money. However, if you are rich, you can let your money work for you and spend your time truly living life to its fullest.

Can you imagine a life where you spend every single day exactly the way you want to?

Most likely, you’d still find work to do, but it would be works that fulfill you and don’t make you wish for the weekend to come.

By the way, you might be interested in 15 Ways To Spend Your Time Wisely.

8. You can experience more

Our world offers the most amazing experiences you could dream of. 

Sadly, many of them do require a substantial amount of money. And the more you want to experience, the more money you need.

Being rich enables you to go to expensive events like Coachella or the VIP areas of concerts. You can also afford more online courses and coaches to help you improve into your best version.

Nowadays, money can even bring you into space! Or you could buy yourself a part in a movie!

Money can certainly make your life more interesting! So if that doesn’t motivate you to become rich, I don’t know what will.

9. You (potentially) worry less

If you are rich, you don’t have to worry about money. Obvious, I know. But if you think about it, money is among the biggest worries of ordinary people. 

And no wonder they have to think about it when they purchase food, when they buy clothes, when they want to travel, when they have to get out of debt and when their payroll comes in.

Money is everywhere in our daily life, and if you don’t have more than enough of it, you always have to decide whether or not something is worth the purchase.

Those constant mental calculations are annoying, exhausting, and rob you of so much time. 

So yes, rich people have to worry less about money. However, this only potentially means that they worry less in general. 

Although they have a lot of money, many rich people are not happy because they worry about other things – relationships, for example. Or, even worse, they keep obsessing over things that lie outside of their control.

Remember, happiness comes from within and doesn’t depend on outward circumstances! 

via GIPHY

Are you already excited to become rich? Writing this definitely made me want to work harder for the financial freedom I desire.

What is your plan on how to become rich? Comment down below!
I hope you keep creating the extraordinary life of your dreams!

Until next time, Felicity Seeker!