Not all of us come from a financially blessed family. Growing up, my family was put on the list of free lunch service at school, and would get donations for gifts from community members, so I know what it’s like first hand to struggle. Some of us have to work extra hard to make our ends meet and to provide for ourselves or our families. Whether it is juggling extra jobs, or working in a corporate sector, it’s a pain to drag yourself to meet your expenses. If the struggle seems familiar to you, then you know not just earning, but saving can be difficult too.
You have to be frugal; you have to think a million times before buying something and make hundreds of sacrifices to adhere to your budget. It’s all a struggle.
However, as much as challenging it is, there are some aspects we must never be frugal about. In other words, we might cut back on other expenses, but MUST NOT on these!
5 Important things you should NOT be frugal about
1. Healthcare
You cannot put a price tag on life. It’s literally priceless – all the reason why you must never try to be frugal
Healthcare is not a piece of clothing you can get in for cheap at a different store. So, it’s time you understand that you cannot be frugal about it. Get health insurance, pay regular premiums, go for regular checkups, don’t ignore the warning signs, and invest in medicines that are essential for your wellbeing. Don’t try to trim your budget for that.
My dad has had Epilepsy since he was 12, so I remember growing up with pill bottle after pill bottle he would take each morning and each night on a specific schedule. He also had to go to the doctor every six months for checkups to ensure he was still managing his Epilepsy properly. He had really great healthcare because he didn’t have a choice, it was a matter of life and death. We didn’t necessarily have the same experience as kids. If something was wrong, mom would try to care for us at home first, then we would see a doctor at the last minute. I have reeling teeth problems because I didn’t go to the dentist often as a child and also didn’t have great oral hygiene instilled in me.
However, if it helps, you can avoid some medical expenses by living a healthy lifestyle. Eat clean, develop some healthy habits, and exercise regularly to ensure that your immunity is strong enough to battle diseases.
2. Education
High school education is okay, but higher education can be pretty expensive – which is why parents often
Sadly, education has become more of a business these days. But this is something you cannot control, so you cannot be frugal here. Consider education as an investment for the future. You might have to incur heavily right now, but perhaps in the next 10-15 years, you’ll recover 5x of the amount you spent.
I am proud to say I’m the first and only Bachelor’s Degree earning immediate family member of my family. I accumulated a ton of debt during the six years it took me to graduate and did so even with my oldest daughter on my hip for the last year of college. It was tough, but also important for me to finish something and set the example for my children.
You may spend your savings, or you may borrow money. However, be mindful of the amount. You still have to spare some for emergencies.
3. Good Food
Yes, you can definitely cut back on instant noodles, unnecessary sauces and spreads, and all those unhealthy food items on the grocery shelves. But you cannot cut back your expenses on healthy food.
When it comes to health – it’s precious, all the expenses are worth it if it keeps you in the best health. You
So, go on, don’t think twice before investing in healthy vegetables, food and dairy items. Pick the best. However, if you’re looking for even a little scope of saving, I suggest growing your own veggies, or picking different grocery stores that offer cheaper but quality food (However, don’t experiment too much). Trust me, there are no other ways.
If you are interested in growing your own veggies and fruits, I highly recommend you check out the AeroGarden. I absolutely love mine and no longer need to purchase lettuce from the store!
4. Invest in Experiences
At the end of the day, the goal is not just to survive but to live. You must have a bunch of good memories
Save and go on multiple vacations. I know it can be extremely expensive, but once you spend quality time in a relaxing, spectacular place, it’s worth every penny. However, if you are really too tight to go on vacations, enjoy the small experiences. Go out, taste authentic delicacies, eat at fancy restaurants, have the time of your life, because you’re lucky enough that you have one to live. Be grateful! Remember, you don’t have to travel far to have an experience, I’m sure there are plenty of places you can visit around you that will create memories for a lifetime.
5. Hobbies
Once again, if it makes you happy, it’s worth every penny. Hobbies and happiness go hand in hand. Doing
Whether it is investing in a music class, or buying expensive canvas colors, go ahead and do it. It’s okay to do something that you like, and it’s okay to spend it on activities that provide solace to your soul. YOU MATTER.
I know these expenses can cause a lot of financial burdens. But sometimes, things are worth the money you invest in – include these five in it.
So, if you think you can, don’t hold yourself back. Accept it – they are necessary expenses.
Hey there, do you always stay frugal? What is your opinion about spending on these areas? Feel free to share your views with us in the comment section.
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