Listen Now: When To Splurge
It never hurts to pinch pennies, but that doesn’t mean there aren’t a few things worth the splurge.
Most people like to be smart with their money, but in some cases that doesn’t mean choosing the least expensive option. In fact, there are times when dropping a bunch of cash on something can be the better investment. To help put you on the right track business insider has a list of six expensive things worth the money.
According to financial experts, number one on that list is education. About seventy percent of students who graduate from college are in debt, but it’s a debt you want to have. Increasing your knowledge means that later down the road you can demand more money from your employer.
Next up is travel, taking time away is good for your body and overall mental health. Plus spending money on an experience instead of a random item makes you feel like it was money well spent.
To see what else you should invest in, check out the original article now. It’s not always about the best deal.
CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.
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