What's Blow Money For?

A listener emails in with a question about the fun money. But where does it belong in the budget?

QUESTION: Where should the fun money go when creating a budget?

ANSWER: Create a BLOW MONEY category and put some cash in it.  This is money you can spend for any reason.  You don't need permission from your spouse and the money can't be spent on anything.  Now don't put 20% of our budget in this category, but always have some in it even when getting out of debt. You need some to keep you sane.