How to Save Money Without the Sacrifice

Many people who are successful at saving money are very meticulous about tracking their spending, using coupons, or getting the cheapest version possible of everything they buy. There are thousands of different angles one can attempt to tackle saving money, but some of them just don’t make as much sense as others, and the amount you end up sacrificing far outweighs the benefits of the money saved in some instances.

Sure, there are some people who find the concept of saving money fun, but those people likely don’t need any tips on how to save more, and I certainly am not one of those people. In fact, I used to be quite awful at saving money, but I’ve learned some methods that have allowed me to save (and invest) a significant portion of my income, even when my income was much lower than normal.

This is a method that I actually adopted years ago, but the concept was driven home to me even more when I read the book “I Will Teach You to Be Rich” by Ramit Sethi. While I don’t agree with everything he says, it’s an excellent book, and one I recommend reading or listening to.

Anyway, the concept he teaches, and one that I fully agree with, is to spend a lot of money on the things that you love, and to cut out the spending on the things that you don’t. Pretty simple, right?

This might seem counterintuitive to some, because they read the beginning and think that they surely shouldn’t be spending more on the things they love, right?