Comments on: Are You Good at Spending Money?

By: Jackie

Jackie — Mon, 01 Mar 2010 18:39:32 +0000

Daniel, glad you like the blog. That’s probably good though to get nervous when your account goes below a certain amount, and to feel good about doing the things you want to do when things are in line with your goals.

By: Daniel

Daniel — Mon, 01 Mar 2010 16:50:25 +0000

Hey, Jackie

I was going to say that I don’t have that problem but… I actually do, in a weird way.

In my mind, I have a minimum amount of money that my bank account must reflect back
to me whenever I look at it. So, as long as I have a number above that number (currently
over 1.000 euros in savings, here in old Europe), I’m fine spending money for me. I
recently purchased an iMac for 1.200 euros and I’m happy as a pig with it, no regret about
spending the money.

However, whenever I feel like going below that minimum amount, I get nervous.

Well, I don’t think it’s a bad thing, just wanted to add my two cents.

Great blog, btw.

Cheers,

Daniel.

By: Jackie

Jackie — Tue, 23 Feb 2010 12:07:17 +0000

JadeDragon, I suppose having a general dislike of spending money is a good thing as long as it doesn’t get out of hand. (Moderation in all things and all…)

I think one of the problems with spending it on other people instead of ourselves is that it may either mean that we just plain old don’t like having a lot of stuff (which is mostly true for me) or that we have a problem feeling that we are worth buying things for (also true for me.)

By: Jackie

Jackie — Tue, 23 Feb 2010 12:04:54 +0000

Jennifer, guilt is the problem for me too. It IS ok to spend money on ourselves though — we’re just as worth it as our family members. (It’s only when spending in general gets out of hand that it’s a problem.) Happy TV shopping!

By: JadeDragon

JadeDragon — Tue, 23 Feb 2010 03:45:18 +0000

I’ve always disliked spending money on anything except investments. It is a good dislike to have frankly.

By: Jennifer

Jennifer — Tue, 23 Feb 2010 02:05:56 +0000

I have almost stopped spending money on myself over the past two years. It started out as saving money to move back out of my parents’ house and just got out of hand.

I have no problem spending money on my daughter. I see a new toy or outfit that I think that she would like and I will buy it if I have the extra cash. I never feel guilt over these purchases.

I read somewhere about planning in advance of splurging on yourself and am going to try it out. I really want to upgrade my 15 year old TV to a flat screen. I figure if I research and save up for the purchase then I can treat myself and feel no guilt. At least that is my hope.

I also like your idea of treating myself to something once a month. This month was an inexpensive purse for the spring. Yea!