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5 Purchases I Refuse to Skimp On

skimp on Today we are all about spending money here at Luke1428. I know that’s quite a departure from what you might expect from a website devoted to guiding people towards financial freedom. Practicing frugality with our budget will help us pay off debt and create wealth over the long-term. However, are there times when it’s OK to splurge, to spend more money on an item than we otherwise could?

From my own experience I know there are times when expenses need to be slashed in order to make the budget work. Doing so means great sacrifice, usually at the cost of us missing out on certain things we would enjoy. Although I’m conscientious about our spending plan, I’ve come to realize over the years, through trial and error, that there are certain purchases I absolutely won’t skimp on.

“Skimp on.” That’s a funny phrase. When used as a financial term, it basically means to cut back, to economize on or to be stingy with. In other words, spend less than we could in a given circumstance. I’m a “skimper” in many situations, just not on these five items.

I Will Not Skimp On These…

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