Last week I mentioned I
was working on Low Or No Spending in 2021. My goal this year is to spend less so I can
save more in preparation of my retirement goals. Last year my big goal was to work my way toward
debt freedom. In order to do that I
gave up my pocket money for the entire year of 2020 and looking back it was
entirely worth it.
This year I decided to
reinstate my $20 of monthly pocket money.
So far I have spent some of it on treats for me and my girls like chocolate,
ice cream and I even bought myself a bottle of wine last month. Nothing over the top or extravagant but it is
really nice to have this little bit of money to spend on a whim and completely
guilt free.
If you would like to read
more about my decision to add pocket money to my monthly budget you can read my
original post by clicking here.
Let me know if you do anything like this and what you like to use your
pocket money for.
I love my pocket money! Because when I don't spend it all then I can save up for something that I don't necessarily need, and not have any guilt at all. No one can question my pocket money spending! :)
ReplyDeleteAbsolutely! No guilt and no apologies.
DeleteOnce we got out of debt, we started a monthly "mad money" stash in a kitchen drawer. When it's gone it's gone. Sometimes it lasts 2 months.
ReplyDeleteI like the occasional Moxie Mocha. Hubster likes an occasional milk shake. We try to tip in cash so our servers have the $ immediately to meet their needs. I pay my egg lady in cash out of it as well.
Cheers to pocket money :-)
Cheers indeed!!
DeleteLet's see... this year, so far, I've used my pocket money to buy Mystery Science Theater 3000's Gamera movie pkg (had to use a few months' worth for that one) -- and am planning on getting a copy of a book about Inuit accounts of the 1840s Franklin Expedition. Goofy, but they make me happy.
ReplyDeletehttps://cindybrick.blogspot.com/2019/08/an-argument-for-giving-yourself.html
It's all about adding a little joy to our lives.😁
DeleteYou are so disciplined. My husband is too but I’m not so much. I need to exercise those muscles.
ReplyDeleteI wasnt' always. It has taken a long time for me to build those muscles myself. :)
DeleteWe call it personal money - we get $40 every 2 weeks when hubs gets paid. I usually use it for, well, it used to be eating out, now it is drive thru or pick-up....or craft supplies, but I need a LOT more money for that ;)
ReplyDeleteOh yes! I love craft supplies. :o)
Delete