Looking from another perspective, actually spending money wisely is nothing but saving money.

In reality, you can save more money by spending wisely than by any other way as there is no end to spending.

You have to spend a day in and day out.
Mostly we make purchases spontaneously for the things we believe we require.

In fact, this is not true.

You can enjoy a 1 Coke bottle, but usually, we buy two of it.

And this is purely spontaneous emerging out of your buying habits which are probably not in your control.

So, firstly we have to recognize the fact that we actually do not require all the things that we buy.

This is the first step in spending your money wisely.

So, before you buy a new set of clothes, gadgets or accessories do consider if you really require that much.