Spending Money to Save Money

Part of living on one income is protecting your assets and investments, and sometimes that takes cash. For example, we have a nice computer that we bought a few years ago and have used extensively for both household and business tasks, including working with intensive movie software. Lately the computer has been slowing down and we decided that the best thing to do was to buy an external hard drive to free up some space so the computer won’t have to work as hard.

We waited for a good deal on the hard drive but still spent about $75. In addition we also need to purchase more RAM. All in all we will spend about $100 on our computer. Hopefully this investment will take some strain off of our computer and prolong its life, so that we don’t need to buy a computer in the next couple of years while we are working so hard at saving money.

A sound part of any budget is including maintenance money for assets such as your house, car or in our case, computer. I have written about the book America’s Cheapest Family and one of the successes to their sound financial status is preparing for maintenance and emergencies. Yes, at times it hurts to spend money when you’re trying so hard to save, but in the end sometimes the best thing for your financial bottomline is to spend money where it will count and prevent hardships down the road.

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