You can save money, pay down debt, and still spend money on things that make you happy! When you are focused on money goals like increasing savings and paying off credit card debt, it is easy to feel shameful about spending money. But you work too hard as a six-figure earner not to invest in fun.

In today’s episode, I share the importance of a personal allowance. By establishing an allowance in your spending plan or budget, you give yourself permission to treat yourself to a manicure, fancy dinner, or special treat in a controlled way that still aligns with your financial goals. 

If you make good money but can’t get out of the paycheck-to-paycheck cycle, are hyper-focused on paying down debt, or feel shame about spending on items that make you feel good, this episode is for you! 

During this episode, I offer five reasons why you need a personal allowance:

[04:25] Align spending with financial goals

[06:08] Permission to invest in yourself

[07:07] Overcome shame of spending money

[08:11] Promotes financial wellness

[10:07] Give couples permission to spend, maintain financial autonomy, and reach partnership savings goals without impacting bills or debt

If you are ready to learn how to spend guilt-free and still hit all your money goals, tune into this episode of Money Files!

Get full show notes and the episode transcript: https://wealthovernow.com/why-you-need-a-personal-allowance/

Links mentioned in this episode…

Set up a call | Financial Coach Washington, DC | Wealth Over Now