Law School
Personal Finance

Why splurging can be good for you

I have to admit that these past few weeks my wife and I haven’t been that frugal. Our weakness isn’t buying new toys or gadgets. Our weakness is eating out. Usually, we limit ourselves to going out to eat once a week for our date night. However, these past few weeks we’ve gone about two times. The stress of finals gave me cravings for burgers and fries. When I finished finals on Friday, we had a celebratory dinner at Chili’s. We also had IHOP over the weekend as well.

While we dropped about $40 this weekend eating out, I don’t feel guilty about it at all. We worked hard at our respective careers and at being as frugal as possible this past year. Our little splurge was well earned and has motivated us to keep on keeping on with what we’re doing.

Take a splurge every now and then. Set a goal and when you complete it, go buy something you’ve wanted or go out to eat more than you normally would. Just be reasonable about it. Don’t splurge so much that you spend your way back to where you started financially. Not only will it prevent you from suffering frugal burnout, it can also motivate you to keep saving and practicing sound personal finance skills.

[tags]frugal, money, shopping[/tags]