How to Responsibly “Treat Yourself” on a Budget

If you're living on a budget and are careful with money, chances are you don't often treat yourself or spend much on things you don't strictly need. It's always good to be frugal and practice moderation, but there's something to be said for occasionally treating yourself. You'll burn yourself out if you don't allow yourself the occasional “fun” thing. Here are our ways to spend and treat yourself responsibly.

Plan Your Spending

Have a list on your phone or on a piece of paper of the things you really want but can't afford on a normal basis. Save up a bit and wait a while to be sure the novelty doesn't wear off and then pick something from your list that you still really want. Using your list will cull impulsive spending and make sure that when you do indulge, it's on something meaningful. 

Understand Everyone is Different 

Not everyone splurges on the same things. For some people, it's a night out. For others, a new purse or fancy tool for the garage. Whether you want to indulge in objects or experiences, make sure you're doing something fulfilling and meaningful to you. Try not to let others dictate how you spend your “fun” money — only you know how to truly treat yourself. Listening to your own desires will ensure you spend meaningfully and responsibly. 

Follow Guidelines

When you do decide to treat yourself, don't overspend or add to your purchase impulsively. This is especially important when you're out shopping in a physical store. When you set spending limits, stick to them and don't falter. 

Don't go overboard with your spending and make sure that you continue adding to your list — that way when you really want something, you can get it the next time you indulge. 

Have a Schedule

You want to treat yourself every so often. Have one of your guidelines dictate that every few months, you indulge in something nice. Having a sort of loose schedule will ensure you have something to look forward to — and an opportunity to get something you really want in the moment during your next “treat yourself” expenditure. 

Remember, indulging responsibly isn't negative. Occasionally treating yourself is important for your physical, mental, and financial health. Enjoy the money you earn by finding the balance between spending and saving!