It’s true you work hard for your money, so you deserve to enjoy yourself from time to time. Well, of course! You deserve to enjoy yourself and have fun. What girl wouldn’t love to look good, go on exciting adventures, and enjoy life?
Nevertheless, it is important to not blow your budget by spending too much on benefits and-winning money.
Tips on budgeting when rewarding yourself
How do you reward yourself and stay on track with your New Year’s resolutions? Proper planning will keep you from overspending and keep you on track. Here are some essential suggestions!
1. Budget your fun money
All work and no play is not any fun, even if you are working so hard for money. Playing hard and not working at all can be detrimental to your finances.
If you feel you deserve a reward, you could overspend on purchases. This is the leading cause of financial problems for individuals who keep expecting a reward.
Build your rewards into your budget each month, allowing you to meet your funding requirements (once your essential needs have been met in every budget cycle).
This way you don’t feel like your budget is a punishment because you haven’t given yourself any wiggle room.
If you want to purchase something that costs more than your monthly entertainment budget, plan to save a part of your monthly entertainment budget over the months on the purchase you want to make. This will prevent you from overspending on your purchases, and you can keep your financial goals intact.
If you ever pay off even a small debt, it can be rewarding to treat yourself in a slight way.
2. If you don’t need to spend it, save it
Have you ever felt that you didn’t need or wanted to reward yourself all the time? Instead of spending rewards on superficial items, use the money you saved for your goals.
Just because you have set aside money in your budget for a charitable donation doesn’t mean you have to waste it all if you would prefer not to do so. Even if it is for an This would be a wonderful example of donated money to remain in the budget.
3. Don’t get caught up in comparison, be grateful for what you have
You don’t want to waste money impressing anyone. The belief that comparison is the thief of joy applies too.
Save money that you don’t need to waste to impress anyone; otherwise, you may find yourself competing against them and buying things you dislike or need, and they probably won’t even notice (and they won’t be helping you pay the bills).
Budget-friendly ways to reward yourself
Do you ever say to yourself, “I’m going to get a reward for myself,” and feel guilty afterwards? It’s important to be rewarded for completing tasks.
It makes you happy and can help you do more. Check out our suggestions to treat yourself on a budget!
1. Reward yourself with the things that matter to you
It’s important to make sure that you are spending money on things that you want and that are useful to you. You want to reward yourself for healthy behavior and achievements.
Why not? Because being conscious of the value of the things you purchase will keep you from feeling unhappy about spending too much.
For example, you may choose to use your fun budget for activities like dinner with family, such as going to a movie or restaurant.
Keep in mind not to spend any money to have fun. Turn on Netflix and enjoy microwave popcorn made at home! You are likely to feel thankful for your good fortune and feel content with yourself.
However, if you spend your money on frivolous items you don’t care about, you may spend more to find what you really wanted because you failed to spend that money on the things you actually wanted. You may end up yearning for the experiences you would delight in having with your family and friends.
2. Reward yourself for free
As I explained above, rewards don’t necessarily have involve spending cash. You can reward yourself in lots of other ways for free!
Examples are finding free entertainment (free museum days and events in your city), having potluck nights with your friends and family, using any loyalty or reward points you happen to have instead of being subject to cash, and so on.
3. Reward yourself with some me-time
One of the most rewarding ways to reward yourself is by spending some time on yourself to recharge. Try engaging in a hobby that you have always wanted to try or take some time to enjoy some nice “me-time.”
There are many ways to indulge yourself on a shoestring budget. Some suggestions include taking a bubble bath, reading a book, or merely taking time to relax.
There are many cost-effective activities to take up! Painting, crafting, or writing a novel are entertaining ways to spend your free time. It’s important to do something you enjoy with the time you give yourself.
4. Take a staycation
One good way to reward yourself is to take a trip. Not only are staycations more affordable than traditional vacations, they are even more relaxing.
Traveling without driving to the airport or driving long distances can spare a great deal of stress from a vacation. Exploring your own city can also be a great deal of fun!
There are so many exciting activities to do during a staycation that will have you feeling relaxed and refreshed.
For instance, you can grow a garden, go hiking, or go to a museum. However, if you are planning a vacation and want to use your cashback rewards, create a budget for your trip.
5. Take a day to do nothing
We live in an always-evolving world where nothing remains the same for long. Reward yourself by taking a free day to do whatever you like. Be “lazy.” Watch movies, lounge by the pool, or take a nap.
You may also benefit from a digital detox and give your body a complete break from the outside world, which can reduce stress. You might be surprised at how much better you feel after spending a day doing nothing.
Try these budget-friendly ways to reward yourself
If you’re wondering, “What’s a good reward for me?” be sure to consider whether it will really make you happy. Once again, the best kinds of rewards are free!
Treating yourself without spending too much can go a long way towards helping you accomplish more tasks.