Budgeting for Occasional Luxury Splurges

Reported about 24 hours ago

To enjoy occasional luxury splurges without compromising your financial stability, set aside a small percentage (5-10%) of your paycheck into a separate ‘treat yourself’ fund while ensuring your essential expenses and savings are covered first. By planning and being disciplined, you can indulge in special experiences guilt-free, as demonstrated by financial expert Andrew Lokenauth’s personal approach of saving for luxuries only after securing his financial basics.

Source: YAHOO

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