dollar bills to save (Photo: John Nordell; Getty Images)

We talk so much about socking away money (which is a good thing, of course). But, the truth is, sometimes you need to spend a bit to save moolah — and to improve your life. Check out these tips, and you'll see exactly what I mean!

Take Someone You Admire to Lunch or Coffee
Why is a coffee or lunch date worth your money, beyond offering a gripe or gossip session? Because connections are a big secret to how you can get where you want to go in life. Whom do you admire, either at work or socially? Lunch or coffee could open doors: I can't tell you how many times a quick bite with someone has turned into an opportunity. Bonus: Adults with a strong and wide social network have a 50% better chance of living longer, reports a Brigham Young University study. That's an amazing return on a few dollars!
Networking Lunch, $20, or Coffee, $5

Protect Your Possessions
Over two million burglaries occur every year in the U.S., and if your home is the crime scene, you will be devastated — and probably disheartened, too, if you find out your current insurance policy doesn't offer enough coverage for the pricier items you've accumulated (think: your laptop or engagement ring). So it's time to get a rider or two to extend your coverage on specific items. MetLife, for instance, charges $1 to $2 per $100 of value for a jewelry rider for an item that's being worn or kept at home. If you have a ring valued at $2,000, that's $20 a year for protection in case of loss or theft. (Some perspective: It would take you maybe 100 years to save up $2,000 at $20 a year!) For more information on insurance riders, head to the website of the Insurance Information Institute, iii.org.
Peace of Mind, $20

Overpay — and Enjoy It
You've heard this one from me before: Minimizing what you owe is one of the best ways to turbocharge your money. If you add even an extra $10 to your credit card payment each month, you'll be amazed at the impact: Let's say you're carrying $5,000 on a credit card at 16% interest that you're trying to pay off at $200 per month. Add an extra $10 each month, and you'll save $67 in interest payments and get out of debt two months earlier than the two-year-and-seven-month timeline you're now on. (Make it an extra $20 a month, and you'll save $126 in interest.) That's a few bills well spent.
Less Debt, $10