I have a separate debit card that I give myself a monthly “fun money” allowance. Anything from eating out to hobby purchases must go there, and when its gone, tough shit. I have to wait until the 1st to make the purchase. It’s really trained me to think hard about purchases, be more frugal, and less impulsive.
I have a separate debit card that I give myself a monthly “fun money” allowance. Anything from eating out to hobby purchases must go there, and when its gone, tough shit. I have to wait until the 1st to make the purchase. It’s really trained me to think hard about purchases, be more frugal, and less impulsive.
How much do you allocate for fun money?
After bills and expenses, I do about 25% of what remains for fun money and 75% into various savings.