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Look, you work hard. So do we. And with the end of year approaching, many of you are probably celebrating some of your financial successes. I know we are. We were able to significantly increase our net worth this year through frugal living, diligent investing, and a little help from the stock market. If you’re shaking your head in agreement because that sounds like your life, you’re going to enjoy this off-the-wall, non-frugal post. Let’s dive in.
Not only am I going to tell you it’s okay to not be frugal at times, I’m also going to tell you it’s okay to spend frivolously – occasionally. Occasionally being the most important word here. Do this too often and you’ll be searching the web for ways in which you can eliminate consumer debt and start your snowball. So with that in mind, tread carefully, my fellow frugal friends!
First of all, let’s take a moment and consider something. If you can afford a shopping spree without affecting your overall bottom line, you need to realize how fortunate you are. Congratulations!
One of the most popular splurges among people who have counted their pennies all year long is a vacation. There are many ways to get away on the cheap, but that’s not what we’re focusing on today.
If you want to travel abroad and experience a different culture, go for it. If, on the other hand, you’re feeling like keeping it in the country, why not try a luxurious place to stay while you’re exploring?
Nestled all around the country are luxury apartments for rent and Airbnb options that’ll blow you away. When you’re out and about during the day seeing new things, one of the best treats is to return to a luxurious place to rest your head at night. In my opinion, it’s the cherry on top.
A few years ago we did this very thing. We hit the road with our super efficient Mazda 3 and drove down the coast to Disney World. And because we’re always watching our money, we were able to splurge on this trip and stay in the nicest of places. Looking back, I wouldn’t change a thing.
Hitting The Shops
Any woman and most men will agree you can’t avoid shopping forever – even if you are under a self-imposed clothes-buying ban. Around here, clothes seem to be the last thing we spend our money on. Although I did break my clothes-buying ban a couple of months ago when I bought some new duds for work. More on that in an upcoming post!
Our financial pecking order usually goes something like this… food, shelter, utilities, insurances, investments, and somewhere way down the line when it’s absolutely necessary is clothes. And I’m talking holes in our socks necessary.
So, if you’re at the threshold of the holes in your socks category, I say it’s perfectly acceptable to go out and splurge on a few new items. Remember, January sales are right around the corner. So if you’re trying to spend AND SAVE, this is the time to do it!
Other articles you might enjoy:
- Our All-Time Favorite Frugal Things To Stuff In A Holiday Stocking
- Avoid Overspending By Following The Rule Of Half
- The Financial Pitfalls Of A DIY Attitude
- We Made Our Dream Home A Reality
- A Luxury Home Purchase: Essential Things To Consider
Treating Yourself Or Your Family
Spending money on ourselves is a wonderful treat, and I definitely advise it for those of us who are constantly trying to cut a corner and save a buck. So by all means, go get yourself that new pair of boots, a new tech gadget, or family vacation. The splurging possibilities are nearly endless!
But spending money on ourselves isn’t always the most rewarding of acts. Not surprisingly, when you splurge on your family or someone else you really care about, the rewards can be out of this world.
I, for example, experience extreme jubilance when I splurge on my daughter and see her face light up. She knows I don’t spend money on things I don’t truly value. So when I spend it on her, she knows it’s special.
So maybe consider skipping yourself and spend that extra dough on someone that means a lot to you instead. You’ll be amazed at how great you feel in the end.
And there you have it, just a few ideas to spend some money – because splurging isn’t always a bad thing. As long as you’re fiscally responsible and mindful of everyday expenses throughout most of the year, you have the green light to let loose! Occasionally. 😉
So tell me, what was your most recent splurge?