Spend or Save? Five Things in Your Life That Are Worth Investing In

by Magical Penny on October 24, 2016

buying investments onlineWe live in a time where everyone is looking to save money here and there. For most things, that this fine. If you can save a little off your groceries or fuel bill, then why not? But some things still are worth paying for. There are plenty of things that need to be seen as investments, as you will reap the rewards for a long time. How do you know when to spend or splurge, though? Here are some ideas of the things that are worth investing in.

Your Education

With the cost of University fees higher than they have ever been, more people are choosing not to go. For many of us, it is still a completely worthwhile investment. You will have better career prospects if you are a university graduate. You will also learn plenty about life and life experiences that you wouldn’t learn otherwise. Even if you are in a career and thinking about changing it, there are still ways to invest in your learning. You could do a part-time cooking or photography course, for example. Even if they are just things that you do as a hobby, it provides a way for you to make money, should you need it. If you keep investing in your education, it will pay off.

A Good Quality Mattress

As anyone that has had a bad night’s sleep on a dodgy mattress will tell you, a good mattress is a good investment. The better your mattress is, the better your sleep will be. It can also play a part in the health of your back and posture. Mattresses should be replaced every eight or nine years ideally. But if you get a poor quality one, then the chances of you needing to buy one sooner is much higher. With mattresses, quite often if you buy cheap, you buy twice.

Vacuum Cleaner

Have you ever tried cleaning the house and using a vacuum cleaner, that doesn’t actually do anything? There is nothing worse that trying to make things cleaner but they end up looking worse. A good quality vacuum cleaner, with good suction, is a must for any household.

Tyres

The tyres that your car has are basically shoes for your car. The better the tyres are, the better the car will drive. It will feel smoother and run better. If they are good quality, they will last longer too. With the winter weather coming up, you want to be prepared. Tyres with a good solid tread will be much safer for you when it gets icy. So tyres are another thing that you shouldn’t scrimp on.

A Newer Car

Though an older car will be cheaper, it could cost you more than you expect. Most cars do lose their value quite quickly, so there isn’t any need to get a brand new car necessarily, but a car that is two or three years old is possibly worth getting. It could still be under warranty and have few miles on it. You might not even need to spend on an MOT for a few years either. So they will benefit you for longer.

 

Any other ideas? Leave them in the comments.

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