Spending my money on material things

October 16, at 1: Every time you spend a dollar, you give up the future value of that dollar. You lose the power that comes from possessing a sum of money. You also pay a very high price:

Spending my money on material things

While this may be the case in some instances, it is not the norm. Whether it be sunglasses, watches, hats, handbags, pants, jackets, shoes, or any other material possession, much of the world is not happy unless they have an item made by their favorite designer.

The problem is that designers charge insane amounts of money for products that often cost them about the same amount as it costs Walmart to make their products. The difference is that they claim their name and minimum amount of labor is worth the hundreds, sometimes thousands of dollars extra.

The brainwashing goes even further when people insist that they need to buy new clothes each season to keep up with the changing fashion. Income Inequality in America: According to David A. Aakerthe vice chairman of Prophet, a brand consulting firm: The cost of creating those things has nothing to do with the price, it is all about who else is wearing them, who designed them and who is selling them.

To look the flashiest? Readers, I have news for you: The only time it matters is in a job interview, because a job has the benefit of giving you the ability to support yourself. Your potential boss is not looking at your wardrobe, he is looking at a single outfit.

But even in that instance, guess what? It is even possible to pay more for a sale price than you would have for the normal price of the good. They have the world at their fingertips, and what do you have? Their sewn together fabric. Sure, the clothes might be used, but after washing them no one will be able to tell the difference.

Another great idea is to buy clothes and other art from Etsy.

Spending Money In Your Twenties - AskMen

The older a car is, the slower it depreciates in value. Remember, you might be the best driver in the world, but what about everyone else? Not only is bottled water a completely unnecessary expenditure in all but the most extreme cases, it is also extremely detrimental to the environment and your wallet.

While there is an ongoing debate regarding the safety of many plastics and various other ingredients found in plastic bottled water, what is not debated is the effect on the environment. Bottled water clearly effects the already heavily burdened environment in a highly negative way.

Keep in mind that due to improper recycling practices and the rise of plastic use around the world, parts of the Pacific Ocean contain more particles of plastic than plankton. Sea life consumes this plastic, is caught by fishing companies, and goes right back on your plate.

You are eating the water bottles you throw away, that is not an exaggeration. Furthermore, there is no clear proof that bottled water is any healthier to drink than tap water. While our tap water is not very cleancontaining harmful drugs, plastics, pesticides and other dangerous elements, there is no evidence that bottled water does not contain the same substances.

You are better off buying a water filter and filling your own BPA free water bottle s at home. The best reason to fill up your own water bottles at home is how much money it will save you in the long run.

Spending my money on material things

Refuse, Reduce, Reuse, Recycle, Rot http: Bottled water costs up to 3 times as much per galon! To make matters worse, bottled water costs over times more than tap waterthe water you are paying for each month anyway!

The absolute worst part? Many studies have found that a large percentage of bottled water is just tap water. On average, each person in the U. If you buy bottles of water per year at a low price of 1.

Compare that to buying a water filter and a reusable water bottle and the purchase already pays for itself even before the end of a year. Remember that the water filter and water bottle are almost endlessly reusable.

Ever notice that Evian is naive spelled backwards?Each day we're convinced to buy things we don't need, spend money we don't have and purchase garbage that loses its value within a matter of weeks. Generation-Y is one of the largest, most influential groups of society, and we have the unique ability to control the fate of our wallets and investments in life.

Being able to show your children, grandchildren, or just keep to yourself, those photo albums all about your adventures are priceless. You can not put a price on having memories. Forget that $ purse, you don’t need it anyway.

Experiences do give you memories but things do as well. I am not putting greater value on material possessions but when I look at my books, the stereo I have owned since high school and other things memories flood my mind. Teens Are Spending Way More on Prom Than Their Parents Did.

Here's Where the Money Goes. Happy Money: The Science of Happier Spending [Elizabeth Dunn, Michael Norton] on vetconnexx.com *FREE* shipping on qualifying offers.

Two professors combine their fascinating and cutting-edge research in behavioral science to explain how money can buy happiness—if you follow five core principles of smart spending. Most people recognize that they need professional advice on how to earn.

Although a new iPhone will last longer than a summer concert series, behavioral science studies show that you’ll derive more happiness from spending money on experiences, like those concerts, vacations and sporting events. Why? You usually go on trips, concerts, and other excursions with friends, colleagues, and family.

Spend Your Money on Doing Things Rather Than Owning Things - Accumulating Money