Marsai Martin takes a deeper look into what it means to spend your money wisely

Spending your money wisely means more than setting up a financial plan and tracking your expenses. It's also about making conscious purchasing decisions that align with your values. Check out more on this episode of In The Know: Money with Marsai Martin.

Video transcript

MARSAI MARTIN: Can you please break down just the mantra of spending money to make money? And what exactly does that mean?

MARGARET ANADU: When I think about spending money to make money, almost going back to the theme of investing. You can invest in yourself. So you can spend money in a way where it is 100% out the door. Like, if you buy you a way-too-expensive dress that you're never going to wear, that's not going to pay back dividends. But if you're investing in your education, if you're investing in-- you realize in your community, you're going to need a car to start to get to school or get a job, that's an investment that's going to make you money over time.

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