Envy is a Budget Killer
Bethany Austin Smith
5110

The best Envy Shield is to have spontaneous spending as part of your spending plan. If you go too far in trying to scrimp and save, it’s a lot more likely you’ll have a spectacular willpower failure (and the debt that follows) that might have been avoided with slightly looser purse-strings.

Maybe you can’t afford a trip to Disney, but if hearing about your friends’ Disney trip stirs wistful thoughts in your mind, you can raid the Mad Money account for a weekend road trip.

(EDIT: I just realized that “spontaneous” and “spending plan” seems like a contradiction. What I meant was that you should set aside some money in no particular category to spend as you like on fun things. (A nice coat you just saw on sale, a spontaneous weekend away, new gadget, whatever…))

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