Should I Still Budget Blow Money?

Luke on Facebook wonders if you should have a blow money category if you're still paying off debt. Dave says yes, but it should be smaller than when you're not in debt.

QUESTION: Luke on Facebook wonders if you should have a blow money category if you’re still paying off debt. Dave says yes, but it should be smaller than when you’re not in debt.

ANSWER: Yes, you do, but it’s small. You’ve got less miscellaneous—less wiggle room in the budget—because we’re really focused intense. Big-time focused on the debt. We’re going to knock it out. That’s all we live for. We’re going to attack the debt. That’s the only way you get out of debt. You have to expend this level of energy toward it that includes focus. That will drive the sacrifice, which is what you’ve got to do. Live like no one else so that later you get to live like no one else. You may have a blow money category, but it’s very small.