By Adam Jusko, ProudMoney.com, firstname.lastname@example.org. [NOTE: This post originally appeared on June 20, 2017.]
I love live music. If there’s a performer I want to see, I will generally pay the cost regardless of price (while railing away at those ridiculous TicketMaster fees!). I never regret it.
What do you spend money on that always feels worth it? I cold e-mailed a variety of people that seemed like they might have interesting answers to that question — and some were kind enough to reply!
Below are those answers. You’ll see two recurring themes: money spent on “experiences” and money spent as an “investment” in your own future success is often money well-spent. Here’s what they said:
David Pogue, Tech Columnist for Yahoo! Finance and many other things: “My mom, who considers herself a child of the Depression, does NOT like to spend money. Her picture appears in the dictionary for the word “frugal.” I mean, she folds up aluminum foil after each use and puts it back in the drawer for re-use later.
But she raised me with this motto: “When money can buy you happiness, spend it.”
She meant it, too. When there’s some apartment I really want to buy that costs more than I’d intended to spend…when there’s a fast new laptop that would be my main machine… when it MATTERS… when I can directly see that it will bring me long-lasting happiness… I spend the money. I’ve never been sorry!”
Grant Cardone, Entrepreneur, Author, and founder of 10XGrowthCon: “Money spent on investing in yourself is always worth it. Perhaps the best $3,000 I ever spent was on sales training videos to help me become a better salesman when I was 25-years old.”