It’s been a while since we’ve had a Q&A, but I’ve got a fun one today!
I just found your blog two weeks ago and I love it (Thank you!). After 14 years of marriage, my husband and I are finally making a budget – and trying to stick to it… I know this probably makes me sound awful, but I find it really difficult to never be able to splurge.
I don’t know if this is too personal, but I’m wondering — do you ever just splurge? Like, without having to account for every penny? And if so, how do you justify it to your husband or to yourself?
~ M.E.T., somewhere in New Jersey
M.E.T. already got this answer via email, but her question tickled me so much that I asked if I could share it on the blog.
So here’s my answer (and no, it’s not too personal).
Yes, I splurge. And no, I don’t have to “justify” it to my husband.
But it’s not because I take a budget-be-damned attitude. But rather, because we build “splurging” into our budget. We call it blow money – but you can call it splurge money, too.
Depending on how tight things are in a particular month, our “blow” category is anywhere from $10 – $50/person. (It hasn’t been $50 in a while :(.) This works for us because we both work from home, we’re pretty disciplined after doing this for 2.5 years, we appropriate for things like hair cuts and new clothing within our overall budget, and — when faced with the cold hard facts — there are just so many other things we’d rather do with our money.
But… we also recognized a long time ago that not having a ‘blow’ category made for lots of insane debates over the merit of purchases. Now, we each get our little bit of money and that money is OURS. No questions asked. (Within reason, of course. If DH was routinely buying lottery tickets with his $20, I might raise an eyebrow or two.)
But really, if DH wants to blow his blow money on comic books (which he doesn’t, but let’s say he did), I’d keep my big fat mouth shut. Because it’s HIS BLOW MONEY.
If I want to blow my blow money on fountain cokes (um… what? me?), he doesn’t say anything because it’s MY BLOW MONEY.
That’s how we roll. But I want to know what you guys do. Do you have a “blow money” category. How does it work at your house?