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Optimal Finance Daily - Financial Independence and Money Advice

2293: When It Pays to Spend Money to Save Money by Amanda Brownlow

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 2 May 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

Amanda Brownlow of Hello Brownlow talks about when it pays to spend money to save money Episode 2293: When It Pays to Spend Money to Save Money by Amanda Brownlow Amanda is passionate about doing things herself. She loves to see how far she can stretch a dollar, minimize her home, and make her budget (and her life) more efficient. She only writes about budgeting and minimizing tricks that she has tried so that she knows that they work. She is on her journey to financial independence with her Little Guy in tow, and while maintaining a budget that allows her to save almost HALF of her income, she’s still able to go on adventures around the country. When she’s not running after her one-year-old, she’s writing about and thinking about new ways to make her life more efficient and bring simplicity to everything she does. The original post is located here: https://hellobrownlow.com/2020/10/14/spend-money-to-save-money/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Finance Daily, Episode 2293, when it pays to spend money to save money

0:07.4

by Amanda Brownlow of hellobrownlow.com.

0:10.8

And I'm your host and personal finance enthusiast, Diana Mariam.

0:14.6

Thanks so much for joining me once again on Optimal Finance Daily.

0:18.7

This is the show where I read blog articles about personal finance with the author's permission.

0:23.9

I like to say that the bloggers wrote the songs and I get to perform the covers.

0:28.8

So without further ado, let's get right to today's post and start optimizing your life.

0:38.2

When it pays to spend money to save money, by Amanda Brownlow of hellobrownlow.com.

0:45.7

When people start to save money, they automatically go for the cheapest option or stop buying things

0:50.4

altogether.

0:51.4

And while this can be a great way to save money upfront, are you actually saving money

0:55.6

in the long run?

0:57.7

Because spending more money to purchase an item or service pays off and will save you

1:01.8

money in the future.

1:03.6

Let's look at some great examples of when it pays to spend money to save money.

1:09.0

Number 1.

1:10.0

Staying healthy.

1:12.1

Staying healthy not only makes you feel good, but you save money in the long term too.

1:17.5

Investing in yourself to become healthier or stay healthy is something worth spending

1:21.2

money on.

1:22.2

While there are ways to stay healthy on a budget, that doesn't mean you can't spend

1:26.1

a little extra to feel your best.

...

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