Been thinking about this a lot recently and thought I’d throw it out there to the collective brain trust here. How do you guys balance spending on fun stuff and saving money?
My paycheck isn’t huge, but it’s decent. I’ve been trying to follow the 50-30-20 rule (you know, 50% essentials, 30% discretionary, 20% savings) that I’ve seen discussed here, but there’s an issue. I know it’s important to save, like really, actually important for that “life-happens” scenario, a rainy day or even retirement (seems far off now, but not as far as before).
But it’s also equally important to live life, right? I mean, what’s the use of working so hard and not enjoying the present moment a bit? Adventures and experiences are basically what life’s about. Last year, in the thick of the pandemic when traveling was off the table, it felt somewhat easier funneling most of my discretionary fund into savings. But now, the world’s opening up a bit (fingers crossed) and I’m itching to get out, explore new places, meet new people.
I’m just curious, how do you all wrangle this? Are you leaning more towards saving over spending? Or the other way around? Any savvy budget tweaks or spending hacks to accommodate savings without sacrificing too much of the fun stuff?
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