How We Spend When We Splurge

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.

Frugality can be a beneficial quality — it helped us reach early financial independence — but an associated scarcity mindset can also be something of a hindrance to living a joyful life with a sense of abundance.

Splurging for the sole sake of spending more money isn’t going to bring joy to a lifelong saver. Immersion therapy might be an effective approach with certain phobias but I can’t see it working for those with an aversion to extravagance.

Spending With Intention to Overcome Excessive Frugality

White Frame Corner

Travel

Travel is often exciting, fun, and it can also be terribly inconvenient and challenging. While we’re pretty adept at budget travel, I have been selecting modest upgrades for recent bookings. Financial independence has helped me realize that we can afford to have nice things.

Home

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.

Gray Frame Corner

Education

While I do believe that public education can be excellent in many locales, and it’s essentially all my wife and I have personally known, education is an area in which I have been willing to spend.

Experiences

You’ll probably get more joy from experiences and the anticipation of them than you will from most things, but things can also lead to experiences, memories, and fun.

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Gray Frame Corner