Tag Archives: spending

How to Practice Mindful Spending

Being Mindful With Spending Mindful spending is when we only buy something that will create a net benefit to our well being, in proportion to its relative cost. The idea here is to spend money with purpose! 😀 This will reduce waste, maximize economic utility, and give us the most bang for our buck, so-to-speak. 🙂 In practice, all we need to remember… Read More »

Expensive Impulse Shopping

According to a Bank of Montreal study, impulse shopping cost Canadians $3,720 a year. These can be any kind of purchases like clothes, knickknacks, or food. That amounts to $310 a month being spent on items that are wanted, but not needed. More than half of the people surveyed actually bought something they might not need because it was simply on sale. For… Read More »