What You Should and Shouldn’t Spend Your Money On

What to Spend Your Money On

The way a person handles their finances has a great impact on the quality of their life. If you are on the quest to make a better financial strategy for your life, then the first thing you have to do is make sure you are spending on the right things. At one glance, many of your expenses may seem justifiable. However, most of us spend too much money on the kind of things we should not be investing on, which makes it hard for us to spend for those things that we should.


What should you spend your money on?

First of all, let us speak about the kind of things you should spend your money on. Keeping aside the basic needs such as food and everyday needs, what are the other things that you should not be hesitant to spend on?


Experiences / Memories

This life should not be for merely living from one day to another doing things that you always have been doing. Since you are putting much effort and energy to earn your money, you owe yourself some good memories made by them as well. Spend well – but consciously – on experiences such as travelling and adventure. Those will not only give you good memories but will change you as a person for the better as well.



There are many people these days who are complaining about the high debts of educational loans. However, a proper education is one of those things which can truly help you to increase the quality of your life. If you invest in your education today, it means you get better career prospects with a higher salary tomorrow.


Healthy lifestyle

More often than not, people give the least importance for how they treat their body when it comes to finances. Your body is where you live, and therefore, you need to invest more in healthy food and a better lifestyle in order to face your life with a better vigor and confidence. Never hesitate to spend for your health and wellness.


What should you not spend your money on?

Here I am speaking to you standing in the context of you needing to save your money. If you do have more than enough money to spend and a little more to spare, then, by all means, you can go ahead and make the following expenses. However, if you are financially conscious about your spending, then you should read on.


Latest tech gadgets

If your current mobile phone is working perfectly fine, then there is no need to spend on buying its latest version. If you really want to splurge some money, then get yourself a good spa treatment and have a little to spare rather than going with the trend and buying unnecessary gadgets.


High Fashion

Clothes are supposed to keep you protected and comfortable while allowing you to express yourself fashionably. You can achieve all these from the clothes which are affordable and in the regular shops. Spending 5 times the money for a brand is unnecessary.



Similar to your tech gadgets, if your car is getting you to places, spending a whole lot of money to get a newer model car is a waste of your money, especially if you are already struggling to save. The maintenance of fancy cars doesn’t come cheap!

Best Credit SG – Cing Dien Credit – Licensed Moneylender in Singapore

Most of us only earn an average salary. Thus the amount of money we have on hand is very limited. There are so many things we want to do and buy. Are we able to do everything we want to do? Unfortunately, many times the answer is no. We always have to stop ourselves from getting something that we want. Why is this so? This is because we need the money for something that we need.

Even if we ration our money and save it for a rainy day, there are times where you come up short on money. With the increasing cost of living and healthcare, sometimes our savings get completely wiped out by a single crisis.

If that is happening to you right now, do not have to go scratching your head. We are here to help you solve all your money problems.


Best Credit is a legal money lender from 1985. We have manage to maintain our license to operate as a license money lender for more than 30 years. This is not an easy feat! Our loans are all monthly or payday repayment types. If you need a loan, consider getting from the best money lender in Singapore right now.

To find out more…

Look for us at  Blk 372 Bukit Batok Street 31 #01-374 (Level 2) Singapore 650372. We are open from Monday to Friday 11 AM – 8 PM and Saturday to Sunday 12 PM – 5 PM. Any question you have about money lenders in Singapore or taking a loan from licensed money lenders, just ask us! Feel free to ask anything and we will answer you honestly.

Our office telephone number is +65 6272 5538 if you like to give us a call instead. You can also choose to drop your questions at enquiry@bestcredit.sg