How We Spend When We Splurge

I’ve got a reputation for being overly frugal, and it’s well  deserved. I’ve earned it. Yet, there are also decreasingly rare times  when we splurge a little.

Saving money feels good and it feels right. Wasting money is painful; I  was raised to be a good steward of the money I’ve made and frivolous  purchases simply do not sit well with me.

 How We Spend When We Splurge

Arrow

When I say we splurge on travel, it’s more about quantity than it is 4-star or 5-star experiences.

Travel

We’ll have more house than we need, especially once the kids fly the  coop, but that’s alright. This is one of those areas in which we’re okay  splurging.

Home

While I do believe that public education can be excellent in many locales, education is an area in which I have been willing to spend.

Education

I can tell you that I’ve skimped on experiences in the past, and I’ve  probably regretted doing that more often than I’ve felt upset for having  wasted money on an experience.

Experiences

Life’s too short to drink cheap beer. Insert wine, rum, whiskey,  coffee, bud, etc… or whatever your vice of choice may be. You can also  splurge on healthy food and drink, as well.

The Good Beer

Splurging on hobbies often leads to new connections and friendships, and having hobbies you enjoy can make the transition to retirement life much easier.

Hobbies

Behavioral science has found that we are happier when we spend money on others than when we spend on ourselves.

Giving

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