How do you decide when to splurge on a life experience versus saving for a rainy day?

Title: Balancing Life’s Splurges with Smart Savings

Lately, I’ve been wrestling with a common dilemma when is it worth going all out for a big life experience, and when should I play it safe and stash those extra dollars away? As a claims adjuster, I’m no stranger to planning for the unexpected, but I also love treating myself (and my fiancée) to memorable moments, whether it’s a dream wedding detail or a spontaneous trip.

How do you all strike that balance? Do you have a rule of thumb, like a percentage of savings before splurging, or do you weigh the emotional value against the financial hit? I’d love to hear how others navigate this, especially if you’ve found ways to automate savings while still leaving room for life’s highlights.

6 Likes