When you hear of a splurge, you may tend to think this is something you need to stay away from, especially if you are trying to stick to a budget, but this is not always the case.
Occasional Splurges Can Be Good
Of course you are not going to want to splurge all of the time, but if you occasionally splurge, it is going to help you to stick to your budget in the long run. You will get tired of sacrificing money all of the time and just want to give up. Occasional splurges will help you to stick to your budget but just do not splurge all of the time.
Planning for Splurges
You do not have to have a huge budget for a splurge line item in your budget. The splurge does not have to be something large. It can be as simple as going out to eat with friends or purchasing a new purse. Keep a small amount of money in your budget for these types of times. Remember, occasional splurges are okay but do not do it all of the time if you want to stay on track with your budget.
Creating a Fund for Splurges
You could create a fund just for splurges, which will help you to keep to your budget. Only use the money in your splurge fund when the actual money is there. Have fun but make sure you stick to your budget.