You’ve likely heard someone say, “Money can’t buy happiness.” While the general idea is true — we’ve all known someone who had money and was unhappy — you can buy your way to a richer life.

A richer life isn’t a life where you swim in gold coins like Scrooge McDuck. And we’re not talking about having luxury possessions or jet setting the world. 

We’re talking about enjoying a quality life—one that is more fulfilling and gratifying. Scrooge McDuck discovered he could have a richer life by living differently — not by hoarding his wealth. 

So, let’s put our money where our mouth is and discuss some ways to buy a richer life. 

1. Spend on Things That Are Meaningful

Far too often, we spend money for spending’s sake. We fill our homes with things we don’t need and stuff that doesn’t bring us lasting joy. Sadly, this leads to cluttered homes and empty bank accounts.

Life doesn’t have to be this way. 

Try to spend less money on things you don’t need. Before you make a purchase, ask yourself if this item will bring meaning and value to your life. If the answer is no, can you put it back on the shelf? 

Buying cheap stuff is a dubious source of instant gratification. It feels good in the moment…

But more stuff leads to clutter, which leads to stress, which leads to more meaningless spending in an attempt to find happiness. 

Curb your meaningless spending. Before you make a purchase, ask yourself if this item will bring meaning and value to your life. Quality items that increase the function of your space are deeply satisfying. Spending money this way makes you feel rich. 

$5 Meal Plan Makes Dinner Decisions Easy

Cooking at home is great, but many say planning dinner every night is the worst! If this sounds like you, there is a simple solution: The $5 Meal Plan. 

You won’t have to worry about what to cook, what ingredients to buy, or how to cook the meals. The $5 Meal Plan is a weekly service that sends you a schedule for your meals, a detailed shopping list, and recipes. 

They do the thinking for you, so all you have to do is follow the plan. Each meal will cost around $2 or less. Get started with a $5 Meal Plan so you can eat better for less.

2. Buy a Sense of Security

When people say, “You can’t buy happiness,” I always reply, “But you can buy a sense of security.” 

This is exactly what you do when you build up your savings account. Pay yourself first each month. 

This means putting money in your savings account first before you pay anyone else (you know, your bills). Simply knowing you’ve bought yourself a savings cushion will give you peace of mind.

Open a CIT Savings Builder Account

Want to set yourself up for savings success? Make it easy! The CIT Savings Builder high-yield savings account is the perfect tool to kick start your savings journey. 

You only need a $100 opening deposit, which is great when you’re just starting. And here’s the kicker: If you deposit at least $100 every month, you’ll earn the top-tier interest rate on your account balance. See the banner below for the current top APY tier.  

Savings Builder

Pro Tip: Set up an automatic monthly transfer to your CIT Savings Builder account to make regular saving a no-brainer. 

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3. Invest in Your Future

Paying yourself first will allow you to invest in your future.

When you have disposable income, you can make solid investments, such as opening a 401(k) or IRA. While you may not see the money today, you can rest easy knowing you won’t have to stress during your retirement years. 

You can also invest in your future by learning new skills to lead to a more rewarding career or new strategies to better handle your finances.

Free Workshop – Join our free Simplify Money Workshop

The *only* way to save money is to spend less than you earn. That means you need to decrease your expenses or increase your income.

We want to help you do both.

Join our FREE Simplify Money Workshop to learn the fundamentals of growing wealth. Because when you can spend less than you earn, your money has no choice but to grow. You will build your savings and pay down debt. 

What’s more? We’ve got a bunch of free money-hacks to share with you:

  • Hacks to lower your monthly bills
  • Hacks to spend less on debt
  • Hacks to start investing
  • Hacks to increase your income by $20/month (with no extra effort)

This workshop has everything you need to accomplish the cardinal rule of personal finance: keep your income over your expenses.

Join our free 5-day Simplify Money Workshop, and start growing your wealth today.

4. Eat Better

There’s a quote that says, “Let food be thy medicine.” When you eat better, you feel better.

Instead of filling your pantry and fridge with cheap, unhealthy food options, spend your money on quality food. Eat whole foods. Go for lots of fresh vegetables and fruits, pick up organic eggs, and choose raw meats.

Sign up for a food delivery service, such as HelloFresh, to learn how to cook and enjoy quality meals at home instead of giving into a fast-food diet. 

Eat Healthier for Less with Ibotta

Everyone buys groceries, making it one of the top expenditures most months. So saving just a little more money at the grocery store can be a huge help (especially if you can save some money nearly every grocery trip!)  

Use Ibotta to earn cash back on your healthy groceries. Ibotta has cash back offers at hundreds of retailers, and claiming them is easy. Simply snap a picture of your receipt, and Cha-ching! That’s the sweet sound of free money. 

Want to hear even more ways Ibotta can save you money? Check out our Ibotta explainer video, here!

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5. Drink More Water

Most people don’t drink enough water, despite the importance it plays for your overall health. 

How vital is water? Proper fluid intake flushes out toxins, helps suppress your appetite (which can help with weight loss), and makes your skin look healthy. Water helps you live a richer life.

Encourage yourself to drink more water by investing in a water filter for your home and one for on-the-go. 

A water filter will remove contaminants from your drinking water and make the water taste better. If you need a little more flavor, you can purchase a water bottle with a fruit infuser.

6. Pay Down Debt

It’s hard to live a fulfilling life when you are shackled by debt. So, focus on eliminating debt by making extra payments, knocking out high-interest credit cards, and following a budget.

As you pay down debt, you’ll feel freer. The freer you feel, the more fulfilling a life you will lead. So, paying down debt is another way to buy a richer life.

7. Stock Up on Organizational Tools

An unorganized life and home are overwhelming. You can’t live a rich life if your schedule and the state of your home overwhelm you. 

But you can buy a richer life when you invest in organizational tools. Download an app, such as Cozi Family Organizer, to organize your day-to-day activities and family schedule.

Purchase organizational tools, such as closet organizers and drawer organizers, to help you easily sort your belongings. 

8. Buy What Brings Function to Your Life

When you shop, look for items that make your life more efficient and productive. While something may look cute or seem fun, ask yourself if it will make your life easier or harder in the long run.

What brings function to your life can be a variety of things:

Find what works for you so you can lead a fuller life.

9. Focus on Quality Over Quantity

It’s tempting to buy more items at cheaper prices. We gravitate towards quantity because we have a mentality that if some is good, more is better.

When you focus on quality, you think more critically when making a purchase.

Spending with quality in mind naturally results in embracing value. When you possess something of value, you neither need nor want quantity.

We lean towards quantity when the act of buying makes us feel happy. But, this kind of spending only offers temporary happiness. Soon, buyer’s remorse and regret sets in.

But if we pause and ask ourselves if the thing we want to purchase brings value to our lives, we buy less stuff. We save money and generate less clutter.

And, we can afford quality things that matter and provide for a richer life.

When you choose to spend your money, choose wisely. 

So, if you are looking for a richer life:

  1. Take care of yourself to achieve personal growth.
  2. Take care of your finances to reach financial security.
  3. Take care of your home to create a peaceful environment. 

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