Between the rising cost of living and the importance of saving up for big, important purchases like a house, a car, and more, it can be easy to forget to save a little extra money to treat yourself to something fun. Impulse spending on something you don’t actually *need* is not a good habit, but saving money over time to make a purchase for yourself is a great way to manage finances while still allowing yourself to have fun with the money you work so hard to make. Here are a few ideas of purchases that are worth saving for over time.
Experiences
Many people are reluctant to spend money on singular experiences since they are not a tangible item that can be kept over time. While this is a valid argument for not impulsive spending more than you can afford on a single experience, saving money over time for an enjoyable experience is worth it. This could include an event such as seeing your favorite musical artist in concert or chartering a boat for the day and heading to the lake with friends. Whatever your desired experience may be, saving money over time to spend on a day of memories is definitely worth it.
Tattoos
If you are a tattoo enthusiast, saving money over time for your next big piece from a studio like Certified Tattoo Studios can make the experience even better. Tattoos can be costly, and some people have a hard time justifying such a big purchase since a tattoo is truly not a necessity. Saving money to spend on yourself, however, and treating yourself to a tattoo is a great way to indulge on a purchase that will last a lifetime.
Artwork
Professional artwork such as paintings or photographs are not cheap. While it is important for art to be priced at a high value in order to properly compensate artists for their hard work, doing so discourages the average adult from splurging on a purchase from their favorite artist. Artwork can liven up your living space or office, however, and starting your own collection is a hobby that can be extremely fulfilling. Saving small amounts of money over time that you can eventually use to splurge on artwork is a great way to treat yourself while making a practical purchase.
If you are reluctant to spend money on yourself or on items that are non-necessities, creating saving goals and putting money towards these purchases over time can help. You work hard for your money, so you deserve to spend it on yourself every once in a while – doing so responsibly can ensure that you are able to enjoy your splurge while staying on track with your financial goals.
Tamila McDonald has worked as a Financial Advisor for the military for past 13 years. She has taught Personal Financial classes on every subject from credit, to life insurance, as well as all other aspects of financial management. Mrs. McDonald is an AFCPE Accredited Financial Counselor and has helped her clients to meet their short-term and long-term financial goals.
So, what do you think ?