Unlike a lot of the other advice out there telling you to cut back on everything and live in a tree house until you die (“no burial costs needed when you let Mother Nature do her thing!”), I encourage people to spend extravagantly on the things you love – as long as you cut costs mercilessly on the things you don’t.
Today, 5 things that I think are worth the money. Then I want to hear from you.
1. Flowers. If you’ve ever bought flowers for someone from a run-of-the-mill florist, you know the difference between what you see and what your recipient gets. It’s like buying a Big Mac and getting a cardboard sandwich.
This is not a joke. See real reviews here.
This bouquet costs $95 but is 100% worth the money.
2. Your phone and computer. Just buy the best and stop messing around. You use these things for hours every single day. If you’re trying to save $75 on 1GB of storage, you are going to hate yourself very soon. By the way, the key to buying the best is actually keeping it as long as you can.
Here’s how I did it with an old phone. By the way, this video is from 2008 so cut me some slack.
Get more tips like this on my Instagram & Twitter.
Big thanks to my parents for teaching me this principle.
5. Unforgettable experiences. I remember traveling and saying, “No, we shouldn’t book a tour from the hotel. It’s always a rip-off.” I ended up not doing the tour at all. I should have just booked the damn tour, even if it cost me an extra $50.
The older you get, the rarer it is to truly have a new, unforgettable experience. Most of the meals I have are forgettable – and I live in NYC. Most airplanes I travel on are the same.
So when I get the chance to experience something new – seeing a new show, or going to a cocktail class – I jump at it.
You probably won’t remember the extra 200 thread count sheets you got 5 years from now (btw if you think thread count is the way to measure sheets…do some homework).
But if you get the chance to go through an experience – a meal, a museum, even a weird night out with friends – those are the things you’ll never forget. It’s worth it.
Share your comments below.
P.S. If you want to know how I automatically save for these things, get the same system I use for my personal finances in Chapter 5 of my book (it’s less than $10 at Amazon).