Most purchases can make us feel good – for a while, and then those warm fuzzies go away. Splurging has an important part in our lives.  The right type of splurge can bring us happiness and keep us motivated.  An indulgence now and again makes it easier to stay on course.  Here is the wrong way to splurge:

   On impulse:  often we regret unplanned binge spending.

   In Fear:  Hype can go a long way to make us spend; think of beanie babies. You know, you did not want your kid to miss out.

   Habitually:  Do you always buy name brands?  Do you always have to have the latest and greatest?  Sometimes the stores’ brand is better economically and waiting a bit can get you the latest at a better price.

Plan for your splurges.  Pick that item that you really can’t live without and save for it.  Who knows, while you are saving it may go on sale.

Disclosures:http://www.hechteffect.net/?page_id=31