We save on everyday expenses, but continue to dream of luxury purchases. This is called selective wasting or the "sparing the expense" principle. From RBC Life, Elena Nachiva understood why, in conditions of financial uncertainty, we do not give up spending, but reconsider our priorities.

We save on everyday expenses, but continue to dream of luxury purchases. This is called selective wasting or the "sparing the expense" principle. From RBC Life, Elena Nachiva understood why, in conditions of financial uncertainty, we do not give up spending, but reconsider our priorities.