Saturday, August 21, 2010

Change the way you pamper yourself!

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If the way you pamper yourself is costing quite a sum, do consider changing the way you pamper yourself: -
  • If you love buying yourself presents, consider buying yourself a more income generating present such as a particular good stock that gives good dividend yield, good investment grade property that gives good rental income, basically, anything that has potential in value appreciation in the long run.
  • You can consider strolling at the park / beach to relax after a tiring day.
  • Or even sitting by the beach doing nothing but watching the sunset or sunrise when you are feeling down.
  • Organize picnics instead of high class tea buffet.
  • Delay your purchases that you intend to pamper yourself with for 3 days to a week, if you still wants to buy it, probably you love it very much. Sometimes, it's just a impulse purchase, you may not really want it. Hence, by delaying the process, you might save some money. After all, you will appreciate things more if it's harder to get, or you need to wait longer for it. :)
  • Find out when you spend the most and why? Change the mindset when it comes to spending, spend only on pampering stuff when you really needs it rather than as a form of comforting yourself.
  • Buy assets that generates you extra passive income, and use this passive income generated to pamper yourself instead.
Reference: The Lazy Girl's Guide to Success: Financial Success, Step 3, Pg 122 - 123

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