Avoid spending splurges with 3 easy tips

by Kristina on March 5, 2014 · 2 comments

Good morning Dinks.  I am admitted former spend-a-holic.  I am also a 33 year old who used to be over $50k in debt.  Thankfully I turned my entire life, including my finances, around and now I’m debt free.  I say that because when I decided to take my finances into my own hands and control my spending it changed my entire lifestyle.

Decided to be debt free and avoid spending splurges

I started spending less and using the majority of my money on repaying my debt.  It felt like a defeat because I felt like I was wasting money paying off debt since I wasn’t spending it on myself.  However the truth is paying off my debt was the best decision I ever made.  Instead of spending money I was using it to pay off debt and that was a big lifestyle change – for the better.

Spending splurges were out of the question with my new financially responsible lifestyle and it made me realize that I don’t need “stuff” to be happy.  I started to think of creative ways to use items that I already have like recycling clothes and I started looking for cheaper ways to buy items such as buying basic household items at the Dollar Store.  That’s something I never did in the past.

What happens when spending splurges relapse?

It was a hard struggle, but now that I’ve been debt free for a couple of years my day to day living habits have definitely adjusted.  I went from spending money carelessly to actually feeling guilty about spending more than $20 on anything.  Big change.

I do still have moments when I just want to take my bank card and go shopping for new clothes, personal beauty items and expensive dinners.  The fact that I want to use my bank card and not my credit card is also a huge indication of my personal growth.

How I avoid spending splurges

Whenever I get in the mood to spend money I keep these three tips in mind:

Bad memories come rushing back.  I remember the feeling of being broke and I definitely don’t want to relive my past.  Those were some of the toughest years of my life.  My relationship suffered because we were always fighting about money.  I don’t want to go back to living with the burden of stress and I definitely don’t want to go back to going to bed angry.

If it’s not a necessity I don’t need it. I ask myself if I need or want the item.  Spending splurges were an emotional coping mechanism for whatever else was going wrong in my life.  So is eating and I’m trying to change that too.  It would be great to have all the latest clothes, but I don’t really need them.

Think about the future.  I think about getting my credit card statement.  The after guilt of spending is brutal and it’s far more consuming than the temporary euphoria that comes from spending.   I may be momentarily happy when I buy my new item, but I will be very depressed when I get my credit card bill in the mail and have to make a lump sum payment onto my credit card.  Of course that’s if I choose to use my credit for the purchase.

Photo by AshleyM

Get Your FREE Ebook


DINKS (Dual Income No Kids) Finance focuses on personal finance for couples. While by no means financial experts, we strive to provide readers with new, innovative ways of thinking about finance. Sign up now to get our ebook, "Making Money Tips for Couples" FREE.

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit

{ 2 comments… read them below or add one }

1 Kathy March 5, 2014 at 9:05 am

But you ARE spending it on yourself when you pay the credit card bill or making a debt repayment. You are spending it on stuff you already had use of for all that time. Whether a new outfit or your education, you are using that, and the payments are for that. But great work on becoming debt free. And you’re right, using a bankcard makes the spending more painful so you are likely to do less of it.

2 James March 5, 2014 at 7:24 pm


Good point. At one point I had like $14,000 in credit card debt and $28,000 in student loans. The debt was mostly from partying, drinking and eating sushi when I was in grad school. I had a good time, but the debt was far worse than the pleasure I got from the booze and the sushi. It took the better part of a year to get the credit card debt paid off, the student loans took years.

Thats the thing – there really isn’t any way to spend yourself out of debt, you have to alter your behavior.



Leave a Comment

Previous post:

Next post: