No really, I'm serious. Splurging once in a while can help you get out of debt faster and save more in the long run.
If you are constantly paying down debt and/or stashing money into savings and doing nothing fun, you may soon become frustrated. Especially if the results are slow in coming. And then you might go out and blow a ton of money on something silly instead of just blowing a little bit.
Living like a desert monk is good for the finances but all that scrimping and saving can get to you. Instead set aside a bit of money each payday for fun. Call it your Blow money. Once you have it, go Blow it on something. Dinner out, new shoes, a box of Lucky Charms cereal, disco-ball, whatever meets your fancy.
Just don't go bonkers and spend tons of money each payday doing this, make it a reasonable amount for your current financial situation.
Want to splurge on a larger purchase? Then save your monthly splurge money until you have enough and then go for it. Buy that leopard-print couch or that autographed collection of Kim Kardashian bikini pictures*.
*this blog does not endorse the buying of this product, nor accept any responsibility for what happens to your eyes if you look at this product