Daily Archives: April 23, 2016

Do not take frugality to the extreme – spending money can make you richer

You go to dinner with a colleague. Everything is good. After the mean, the waiter puts the bill on the table, the total is £30. Do you pay it by yourself ? Do you wait and hope he offers to pay it by himself? Or do you suggest you split it? This may sound like a minor decision, but in truth, it is one of a million chances you’ve had, have, and will have to become wealthier… A miser might look at it this way: • If I pay the whole bill, I’ll be £30 poorer. • If we split the bill, I’ll be £15 poorer. • If I can […]