It’s OK To Pay For…

by Kristina on April 20, 2011 · 3 comments

I don’t mind paying for certain things in life that I am unable to provide for myself.  I am not the type of person to constantly spend a lot of money on lavish gifts and expensive things.  In order for me to spend the money the opportunity has to definitely outweigh the cost.

I don’t mind paying a lot of money for a great experience.  I have learned to choose where to spend my money because it much more rewarding to get my money’s worth and have a great experience than it is to have a life full of material goods that are worthless over time.

Whether we are buying our first home, a really nice piece of jewellery, or our first car, we definitely always want to get a good deal. In my opinion it’s ok to pay for:

A Good Vacation.  I would rather take one amazing vacation every year, rather than several small mini vacations throughout the year.  I prefer to pay for one trip to a place that I have never travelled, as opposed to continuously visiting the same inexpensive vacation destination.  Of course I shop around on various travel websites to find the best deal possible for the time that I want to travel, but I don’t mind paying extra money for a really great travel experience.

A Nice Dinner.  As you know I am not a great cook and therefore I eat out quite a bit.  I don’t mind spending money on food since we all need to eat, but I usually try to keep my costs to a minimum since it is a reoccurring expense.  It is rare that I will spend a lot of money to eat out at a nice restaurant or pay for an expensive meal.  Usually my boyfriend Nick and I order delivery or we go to get take out.  On rare occasion when a new restaurant opens up or for a friend’s birthday we do go out to eat at an expensive restaurant.  I don’t drink alcohol which helps cut down on our restaurant bill.

To Help Out a Friend or Family Member. I have lent money to family in the past and had both good and bad experiences.  I have also lent money to friends in the past and had both good and bad experiences.  When we lend money to family or friends we must be careful because money can be the root of all evil.  Even after a family member did not repay money that I lent to them, I found it hard to say no to a future friend in need.  I still lend out money to friends and family if they need it, but I am cautious about the terms and repayment conditions.

Periodic splurging is ok as long as it doesn’t become a habit.
What do you think it is ok to pay for?

Photo by MindLuge

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{ 2 comments… read them below or add one }

1 Donna Freedman April 22, 2011 at 12:25 am

Massage! But I tend to use social commerce vouchers (e.g., Groupon) so it’s not too expensive. I am willing to cut a lot of corners so that I can have at least one massage a month.
I wrote a piece about the idea that some PF bloggers feel that they should always be completely frugal and never splurge on anything that isn’t an extra mortgage payment. If it’s kosher to post URLs, here goes:

2 Kristina April 25, 2011 at 9:18 pm

I also like to pay for a rare experience such as an expensive spa treatment so I understand your love of relaxation massages.

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