I helped my company closed a very fruitful deal with one of our customers and I am contemplating whether I should buy something for myself to celebrate. These “celebration slurge” seem to be extremely common in our society but how should we control the amount that we spend when these events happen?
I always hear about someone wanting to buy themselves a gift whether it is for a promotion or Christmas or our birthday. What this comes down to is really just an excuse for us to get what we wanted. This “celebration” becomes the extra push over the edge for us to slurge.
It is not all bad though. Sometimes, we need to give ourselves some motivation to work hard, and something like a reward for a job well done would be a very fitting way to do so. Buying something that we can see and touch will help remind us that it is worth it to work hard. It’s almost like investing because spending $x on this gift for ourselves might motivate us to earn more than $x as a result.
There is no hard and fast rule on whether a celebration slurge will help or not help our financial situation but if we can afford it, why not?
When was the last time you slurge because of an occasion? Do you think I should buy something for myself? How much do you think I should spend and does the answer change based on the occasion?
I look forward to hearing from you!
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{ 2 comments… read them below or add one }
I splurge easily on others but rarely on myself. For myself, I’m too much of a bargain hunter to buy things willy nilly without first conducting ample price research and comparison. Is that considered cheap? I hope not!
Raymond: Actually that’s such an admirable trait! I often see people who are cheap with others and good for themselves so it is rare to see it the other way!