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Ask Dave

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.