Creditnet_com
Full Member
Cash: $ 10.65
Posts: 53
Joined: 22 Feb 2010
Location: Seattle, Washington
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I think it really depends on what this splurge is and how much it costs! If you're saving 10% of your income each month and then you decide to go out and splurge on a new BMW 5-series, essentially blowing through your savings, then yes, unwise. Don't do it.
But if we're talking about splurging on a cruise or a vacation that won't put you in the red or push your savings/investment goals back, then do it.
I save so I can splurge every once in a while. And budget management is not just for those with not enough income. It is for everyone, whether you're making 6 figures or barely making $6 an hour. Because in an economy as unstable as ours, who's to say your cushy salary won't be gone tomorrow, leaving you with 6-figure expenses?
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Last edited by Creditnet_com on Tue Jun 01, 2010 3:11 am; edited 1 time in total |
