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We can probably all agree that we’d like to save money, but exactly how to save money is something that inspires great debate. You can always get a group of friends or family members into a lively conversation about where to shop to save money on this and who to go to for the best deals on that. One concept I’ve had to learn to wrap my head around as I get older is spending more now to save more later. I come from such a budget mindset, always buying the cheapest clothes possible (I’m very good at thrift stores), not ordering one cocktail until happy hour kicks in (I’ll literally sit at the table sipping water for 20 minutes, procrastinating my order), and getting a lot of furniture by way of hand-me-downs. So shelling out a bit more, for any reason, is hard for me. That being said, here are ways that spending more now will save you money later.
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Better health insurance
First of all, just getting a slightly pricier plan, but one that will bring down the cost-per-visit at things like your regular physician, specialists, and the emergency room, is a very good idea. In addition to that, strike a balance on the monthly premium to deductible ratio. If you know you will not remember to put aside $3,000 a year, on your own, for a deductible, should it kick in, then go for the higher monthly premium so you automatically tuck that away.
