This post is from our regular Wednesday contributor, Erin.
After countless mentions of mindless spending, the need to have your spending align with your values, and then spending on what matters most to you, I’ve finally decided to write a post specifically on how you can spend meaningfully.
Why is it important to spend meaningfully? I believe the number one reason is that it serves to make us feel better about our overall spending.
If we know we’re putting money toward our values, and not wasting it on meaningless stuff, we feel good.
Personally, I tend to feel guilty when I make an unplanned purchase, or when I spend on something I’d consider a bit trivial.
While I can technically afford to do so, I’d rather be putting my extra funds toward my student loan debt. When I fail to do that, I feel disappointed in myself.
Spending meaningfully means unplanned purchases happen less often (or not at all), allowing me to feel a lot better about my spending and my financial decisions as a whole.
A lot of people don’t realize how much stress their spending is causing them, as evidenced by the amount of people that complain they’re living paycheck-to-paycheck while spending frivolously.
When you spend meaningfully, you’ll encounter less stress.
By evaluating your values and determining what makes you happy, you’ll know what’s worth spending your money on.
If this sounds great to you, read on to find out how exactly can you go about spending meaningfully.