Should I Splurge?

College student asks if he can splurge on a video game system.

QUESTION: Jared is in college, works, is on scholarships and has $500 in the bank. Is it all right to spend $300 on a video game system to splurge?

ANSWER: Sounds like you’re all right. You have the money and worked to pay for it. I don’t mind splurging on yourself when you can afford to splurge. Try to buy used things, though, so you don’t spend as much as retail.

Jump-Start Your Goals!

Jump-Start Your Goals!

Get our 8-Day JUMP START series and weekly newsletter that are packed with articles and tools to help you win with money.

Reach Your Money Goals

Reach Your Money Goals

Start with a budget. Join the millions already budgeting with EveryDollar!

Create My (FREE) Budget

Thank You!

Your 8-Day Jump Start is on its way to !