PrimeWay Blog

Splurging Is Fun, but When Is Enough, Enough?

Written by PrimeWay | Jul 16, 2015 3:00:00 PM

Everyone loves to splurge and buy their favorite things!

That’s what you work so hard for; to be able to go out with your family, to be able to throw a get-together with the people you love and to be able to have fun! Unfortunately, spending money on these things isn’t always the best financial decision for you. There are times when you might need to save more money than usual. So you might want to consider when it’s a good time to splurge and when it’s not, before you’re placed in these types of circumstances where you have to make quick decisions.

When to Splurge

1. When you can afford it without worry

If your pocket book has ample money in it – so you won't go into debt – for your splurge, then go for it, and enjoy!

2. When it doesn’t interfere with your financial goals

You set financial goals for a reason, and it feels good to know you've stuck to them. If your splurge doesn't interfere with these goals and you can afford it, then no harm no fowl.