Why You Should Spend Your Money As Fast As You Can

When you think of spending money, what do you think of? For most people, they think of new phones, fast cars and big houses. For others, spending money means paying bills or trying to balance their checkbook. As you can see, we all have different initial reactions to the thought of spending money and in the same light we all think of spending money in different ways. In fact, most people these days have been conditioned to think that spending money is bad and while this is true in numerous circumstances, it isn’t an iron rule. It’s for this reason that I want to share with you why you should spend your money as fast as you can so that you can develop a better understanding of the power of money properly spent which I promise, once grasped, will have your financial future changing for the better!

Now, you may or may not be aware of this but there are actually two types of spenders. The first, are those who cannot spend fast enough. These are the people that have their next paycheck spent before it even hits their account and as you can imagine, when that money is spent on the wrong things, financial issues are going to arise.

Then, there are the non-spenders. These are people who protect each and every penny they have with their dear life. In short, these people keep their spending to a minimum as their scarcity mindset has told them that if you spend the money you have you may not get more of it.

Now, let me ask you, which of the two types of spenders is it worse to be? I think most people would say that the person who has their check spent before they get it is the more fiscally irresponsible party and I’d agree however I think that the second spender is nearly just as troubled as the first. Let’s break down how both situations are detrimental and then get into the method of spending that will have you taking your finances to the next level!

If you thought that the first spender was the more irresponsible one then you probably hold that stance because you know that one of the quickest ways to ruin your finances is to overspend. There’s a reason why one of the most common pieces of financial advice is to “spend less than you earn” and whenever you’re eagerly awaiting spending every last dime you earn then getting ahead will be tough. In fact, this issue is only…