This is a departure from the usual blog posts on how to save money. It discusses where to spend money. By knowing where to spend money, you will also know where not to spend money or to spend less money, leaving you with more money saved.

Instead of following a needs-based approach in spending money as discussed in the last blog post, another way of spending money is to follow a values-based approach. A values-based approach means knowing what is important to you and spend money in that area. This is best illustrated using an example. Being a boring and unromantic person, I think roses can be a waste of money. They are full of thorns and do not last for more than a couple of days. However, when you see the sparkle in the eyes of the girl whom you bought the roses for, you will think that ...