Is It Ok To Splurge?
Splurging is probably the last thing you expected to hear come out of this budgeter’s mouth. Coming from someone who is very frugal, it is completely healthy and acceptable to give yourself some breathing room from strict budgeting. Check out my 10 Skimps for a Thriving Budget here!
So what should you splurge on?
*This page contains affiliate links, and I will be compensated if you make a purchase after clicking on my links.
SAM’s Club or Costco Membership
I love shopping for bulk items at big box stores. Toilet paper, paper towels, certain groceries, and even clothes are just a few of the items that you can purchase (and save money) at SAM’s or Costco. The yearly membership varies, but we spend $45 for access to our local SAM’s Club store. It may not seem like a splurge, but when you are on a tight budget any “extras” can seem over the top.
How do I justify this splurge?
save money on bulk products
purchase tons of reasonably priced presents for others
save money on gas prices
have a cheap date night at the snack bar (soft pretzels and hot dogs anyone?)
Vacations are splurges that are most worth it. The memories that you make on adventures are worth the penny pinching throughout the year to splurge a little on your dream vacation! Some of my favorite memories have taken place on weekend getaways, all inclusive resorts, and hiking beautiful trails in Kauai! Need help with the planning? Check out these related readings:
Renovations have the potential to add a lot of value to your home. If you choose renovations that are high quality and well done. When we were searching for a home, we saw some horrific DIY jobs that made us not interested in several homes. We have lived in our home for almost 4 years. In 4 years we have completed several renovations on our own and hired a few professionals for the bigger projects.
The renovations that we have made include:
updated kitchen cabinets
new kitchen and bathroom counter tops
new flooring in all rooms except the bedrooms
large deck off of our covered patio
painted bathrooms and laundry room
updated and enlarged flower beds/raised garden beds
new light fixtures
large work shop building
new sinks in kitchen and bathrooms
If a renovation adds value to your home then it is definitely on the list of acceptable splurges. 😉
If you plan on taking ANY type of vacation in the next year then I highly recommend purchasing a GoPro. The latest GoPro (Hero 5 Black) is fantastic and so easy to use. We have taken our GoPro to the lake, cycling, hiking, on a helicopter tour, in an inflatable raft in the Pacific Ocean, snorkeling, under waterfalls, and there is no telling where we will take it next! It’s compact but so sturdy. You can even use your GoPro for home videos of your family. To learn how to use a GoPro and why you NEED one check out this related reading:
Streaming Music Service
Music a huge part of my life. I have always paid for satellite radio in my car until about a year ago. My satellite radio cost went up to $20 a month, and my commute is only 10 minutes so it wasn’t worth it. I cancelled that service and started using the Spotify family plan. For $14.99 per month we can connect 6 accounts with people who live in our house. If my husband and I each had individual Spotify premium accounts it would cost $9.99 each.
Spotify is great because I can stream it anywhere with no commercials. I can also connect it through Bluetooth in my car. I don’t even miss my satellite radio. 🙂
Printed Photos, Photo Books, Photo Albums
In the digital age, it’s almost unheard of for people to actually print out their photos. With Facebook, Instagram, and even Google Photos all photos are stored online now. I love having a hard copy of our pictures from vacation. I even have a special photo album to keep our vacation pictures.
Have you ever created a photo book? I love using Shutterfly because they are reasonably priced and easy to use. Our wedding guestbook was actually a photo book filled with our engagement photos with lined pages for people to sign. I also created one for our recent trip to Kauai. It turned out great and was definitely worth the splurge!
There is nothing more uncomfortable than a long haul airplane flight or being unprepared for an outdoor adventure. Travel items can be expensive, but these splurges are definitely worth it to have an enjoyable vacation. Some of my travel items are essential for ANY type of adventure. A sturdy backpack, a good camera, an inflatable neck pillow, and a handy portable charger are just a few of the travel essentials that I always carry with me. For more of my favorite travel items check out these related readings:
Buying a Home
One of the biggest financial decisions that you will make in your life is buying a home. When you realize where you want to plant your roots for a while then it is worth it to purchase a home and start paying towards something that is so worth it. Many young adults view purchasing a home as an unattainable goal, but you can buy a house as a twenty something! Related reading:
Birthdays, anniversaries, and Christmas are my favorite splurges! I love picking out the perfect gift for my loved ones and seeing their faces light up when they open their gift. I’ve also started buying “quality time” gifts where I purchased a date night for my parents to a Christmas play and gave them suggestions on the best places to eat dinner. My husband is the best at this. We don’t have children, but he lays gifts, snacks, my favorite candy, etc. out near the fireplace each Christmas. He also leaves a note to us from Santa. 🙂