When we talk about money with our spouses one of the biggest challenges that often comes up is that we feel like every time we have a money conversation that we have to suit up and prepare to go out to battle. If we’re women entrepreneurs, we feel like our spouse doesn’t understand the importance of reinvesting money in our businesses. If we have different spending behaviors or money management styles than our spouses this can become a major source of conflict and tension.
While bargain shopping is a good thing, and while you want to feel as though you are getting good value for your money, in some cases it’s worth it to spend a little more money. Here are some ways to figure out if it’s worth spending more
Learning how to spend money wisely comes in three parts: understanding your spending goals (because spending wisely equals spending according to YOUR values) , reviewing your current spending for savings, and implementing strategies to spend more wisely.
Ever felt like you were pressured into spending money? Deep down you really knew you didn’t have the money to spend, but because of the situation, people around you or other factors, you ended up spending anyway? How can you avoid pressure to spend?
Being frugal with your money is not about being too tight to spend it, but it’s about smart spending and the main principle of frugality asks you whether you want to spend time or whether you want to spend money
Does your spending reflect your values? Let's look at how you should decide what are the best things to spend money on. The things to spend money on should differ from person to person.