Here at Military Crashpad® our hope is that our content comes off as helpful rather than judgmental. Even as we offer sometimes strongly worded advice, such as today’s post. In our culture it is common to avoid conversations about finances, and we really hope to play some small part in changing that for you our readers. One lesson we hope to share with you is that there are some things that are worth spending your money on, and some that are not. You work hard for what you earn, and these are things that deserve to have some of that hard-earned cash.
We all have those people in our lives who are most important to us. That may be your siblings, parents, spouse, grandparents, or your friends. Whatever those relationships are for you, it is important that you spend time and yes money on them. Don’t put off spending quality time with people you care about because you are worried solely about your bottom line. It is worth breaking your budget to have experiences with those closest to you. Include a “social fund” in your budget, so when your friends invite you to go out with them you can say yes. There are tremendous financial and personal benefits to putting time and money into the people around you. Keep it reasonable but invest in your key relationships. Everything else on this list is important, but a distant second.
All of the best financial advice in the world can’t help you if you don’t make the intentional choice to invest in your health. Of course there are health issues that arise over which you have no control, but there are also many for which you do. Invest in a gym membership, or buy that pair of running shoes that you need to pound the pavement around your neighborhood. Exercise is cheap, and we have no excuse for not investing our time and money in it. Make sure to keep yourself financially prepared for medical expenses.
You have tremendous medical coverage now, but that may not always be the case. Combine that with the average hospital visit in America costing around $15,000 and one such visit can derail years worth of good financial habits. Keep those costs within your control as much as you possibly can by exercising and saving money.
Yes indeed, we did just make the jump from spending good money on your relationships and your health to buying a quality bed. You will likely spend over 25 years of your life sleeping, and don’t you want to do so in a comfortable bed? If your mattress is keeping you from sleeping well, save up the cash to buy a new one! Our crashpads already have that covered but if you aren’t living in one make sure to go out and get that comfortable bed. You will certainly be glad you did. Sleep may be crucial to everything you do and has surprising benefits.
As we continue to focus on home ownership on our blog we want to give a simple reminder that spending money on your house makes sense. We don’t want you to get in over your head but your house is the place where your life is going to happen. You want to make sure that you get exactly what you are hoping for in a home. Our house pulls at our heart strings stronger than almost anything else can. It is a pull that got our country into trouble in 2008, but one that can also motivate us toward self sacrifice. Make sure that you budget well for the purchase of your home, but also remember that where you live should bring you enjoyment so spend what it takes to make that happen. Within reason of course!
Your shoes pound the pavement everyday, so make sure you only wear the best. Good shoes are an excellent investment since you will walk over 212 million steps in your lifetime. A good pair of shoes can provide comfort, back support, and years of good service. Instead of buying cheap shoes that must be replaced every year consider your shoe purchase as an investment, you want to get as many years as possible out of them.
What do you think of our list? Did we get it right? What would you add to our top 5?