Obviously, we like it when things are expensive sometimes. Whether it’s a personal satisfaction of owning that item or a way to show off to your friends of what an amazing life you are living. But with that being said sometimes these expensive things are actually good for you. In fact, they help you to grow your net worth over time. In fact, the top richest people but these expensive things as much as they can. So what are they? Let’s have a look:
Real estate has been one of the most lucrative businesses for centuries. People have always made it a point to convert some of their hard-earned cash into property. It is a known fact that the value of the property will continue to rise in the coming years. Not only that a house can be made into money making the machine. For example, you can build a house, give it for rent. Use half of your rent and live in a smaller house and the other half can go into savings. In the long run, you would have accumulated a lot of wealth for a peaceful retirement.
Diamonds are a woman’s best friend. This saying can also go for men as well. Jewelry especially gold is traded in the stock exchange and over the last few years the price of gold has only gone up. 1 pawn of gold is worth more today than yesterday. For your girlfriend’s next birthday or anniversary you should get a nice rose gold diamond solitaire rings Melbourne. It will of course make her very happy to see what a nice caring husband she has but secretly you also made an investment for her.
Yes, education is expensive starting all the way from school then toward university and so on does come with a hefty amount. But with that being said people tend to realize that education is and investment tool. Yes at first you don’t see returns but once you do finish and get your degree, you will end up using what you learn to make money. It is however also important to remember to study courses that actually have jobs. For instance there is no point in getting a degree in art. I mean what kind of paying jobs would you have after university.
This might not be one of those investment types of plans but it is equally important. Things such as getaways, holidays, hiking, mountain climbing and other programs like these give you a break from your daily busy lives. It relaxes you makes your mind fresh so you can think more clearly. Of course these experiences come with a price and people tend to compromise over here. Nothing is more important than your mental health. A lot of people go through a lot of mental disorders depression, anxiety and so forth. This could be due to the heavy workload or increasing wants where an average man is working more hours. Be sure to give you mind that break it needs.
These are some of the few expensive things you should spend your money on. These are some things that uplift you both mentally and financially.