Did you know that the look of your shoes can say a lot about your own experiences and personality, especially your financial well-being? Your choice of footwear for the event can even make your fortune.
Here are five reasons your footwear and financial decisions are correlated and require equal attention:
Your Financial Well-Being
The main reason why you choose to buy expensive shoes is because it reflects financial well-being. Yes, shoes represent your financial status, but that doesn’t mean you should only buy the most expensive pair of shoes. The point is, no matter what the shoe costs, it has to look good on you.
Plus, your choice of shoes shows how careful and methodical you are Money. Tight strings, sharp edges and a flawless finish suggest that you like to spend very carefully and know why you put your money wherever you put it.
So if you like to wear something that you mostly leave unattached, then better start tightening your purse strings.
“Show off but within your Budget.”
Shoes Affect Your Health
Your footwear should fulfill three main functions – protect, support and be comfortable. Ill-fitting shoes can cause some health problemsand they’re not just limited to your feet.
Most of the time during the day you are running around on your feet, and ill-fitting footwear can have a negative impact on your health. Ill-fitting shoes can and will cause long-term pain in your joints and back that can affect your mobility and lead to other health problems. Health problems just mean more money spent.
Having a good pair of shoes will only benefit your health. But when it comes to your well-being, it’s always better to be prepared for the worst.
“Comfortable shoes mean lower healthcare bills.”
Can Affect Your Budget
Bad footwear can cause you to buy more quickly, experiment, or even lose your cool while shopping. And if you shop for things you probably won’t need, chances are you’re saving a lot less than you actually need.
Plan your shopping methodically, but more importantly choose your footwear carefully. Because, that’s the feet that will take you around the shopping center and alleys.
Also, buying the traditional way by visiting one store after another won’t be much fun, if your shoes really bother you.
“Wear sneakers, loafers, runners or other comfortable shoes when shopping and be a wise shopper.”
Your Performance Depends on It
Shoes not only represent your fashion sense, they also influence how you look. Just imagine running for your most important presentation in front of the blackboard, and by the time you get to the hall, your feet are completely ready.
A similar situation may be faced by those in specialized roles such as sales. With bad shoes, your meetings per day may be limited or less than you want to do. Also, your footwear can cause you to feel tired earlier.
So don’t just buy shoes to show off, make sure their use adds value to your income.
“Shoes are an investment, not a expense.”
Can Be Fatal in an Emergency
The material of your footwear can put you somewhere in an ordinary situation. For example, if you wear shoes that don’t have heat-resistant soles while riding your bicycle, you may end up ruining the look of the chrome dampers and shoes.
It is clear that you will only climb the corporate ladder in your formal shoes with heels (for men), or high heels (for women). The precautionary advice you already know, “don’t try to climb a mountain with it.”
“Know the risk situation of your destination/activity and choose your footwear.”
Improve Your Financial Well-Being
Everything you do or go through (literally) affects two things in your life – your shoes and your wealth.
While your shoes can tell your story and influence your income, the effect they have on your wealth affects your entire family. The future of your children, though not completely but surely, depends on your income. So don’t let your experience and shoes affect your wealth.
While you can buy new shoes, and throw away old ones, buy a term insurance policy to protect your financial interests and your family’s future.
Term insurance policies are cheap, and you can buy them sitting at home, right from the insurance company’s online platform. In fact, if you’re buying for the first time and you’re under 35, chances are your policy will be available in a matter of minutes.
In addition, premiums paid for term insurance policies qualify for deductions under section 80C. So you end up reducing your tax liability as well.