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There are ways to spend money on enjoyable experiences without going overboard.
This practice could provide an opportunity to spot patterns in discretionary spending and rethink them.
Some expenses are non-negotiable, like your housing, utilities or food.
Those are obviously in the needs category.
Ideally, paying down high-interest debt would also be high on your priority list, she explained.
Routine discretionary spendingcomes in many shapes and sizes.
To get the most bang for your buck, Guntrip suggested getting high-yield savings accounts to earn additional interest.
Thats the great thing about a splurge account it can be used for whatever is needed and considered discretionary.
A splurge is whatever you define it to be!
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