Saving money is hard, especially if you don’t have much to begin with. There are two ways to increase what you have: Either cut down on expenses or increase your income. For millions, either method is seemingly impossible. But most people focus on the former. There are ways you can cut your expenses and save more money. But there are also some purchases that, though somewhat wasteful, are worth it.
You’ve probably heard it before: If you stop buying lattes every day, you could save hundreds or thousands per year. For some, this is true. But what if that latte is worth it to you? What if getting away from work for a brief break and nourishing yourself justifies the cost? In that case, a relatively minor purchase (which adds up over time) shouldn’t be something to stress over.
There are many small purchases we make every day, week, and month that can be filed under the same category. On the surface, they’re wasteful or unneeded. But they make a big difference to us personally. They save us time, or we derive pleasure from them. They’re justified, in other words.
When it comes to these purchases (and any other), it’s important to remember moderation is key. It’s also important to take your entire budget into account. If you’re earning minimum wage and struggling to make ends meet, then these relatively small expenses are more consequential for you than they are for someone earning more. In that case, some of these purchases are a big deal, and you should give something up.
Let’s take a closer look at 10 minor purchases you might not want to stress over so much.