Now, look – I know you’re reading this article for a friend.  

You are the master of budgeting. The King or Queen of impulse control. The all-reigning chief of responsible buying. You certainly are not in need of budgeting tactics. You never splurge.  

Except for, of course, when it makes sense to. 

What, you mean the few thousand extra dollars you dropped the other week? Definitely not a splurge. That was different. You’re not like your irresponsible sister-in-law Shirley, who’s addicted to online shopping. You’re a strategic splurger. You plan your budgetary lapses. You stay true to your financial boundaries and you never spend outside of your limits.  

 It’s not your fault that by the end of December each year, you find yourself flat out of money with the credit card bills piling up and the loan collectors ringing. You don’t need to identify your splurging identity and make a few budgeting adjustments for the new year.   

But in case you want to pass some helpful info along to your sister-in-law Shirley (who definitely needs help, unlike you), here are a few tips on how she can save some extra moolah, based on your – I mean her – splurge-spending habit of choice.   


These spenders pride themselves on skimping on the basics. They are savvy and strategic with their lifestyles, and can frequently be found doing things like renting out spare space in their apartment and skipping on expensive take-out meals. But the one area of their lives on which they’ll always drop a little extra moolah? Experiences.  

 These personality types (often testing as extroverts and perceivers in the Myers-Briggs system) don’t want to miss out on any of the exciting opportunities life has to offer. They’ll drop a seemingly endless amount of money on traveling, exploring, ticking items off their never-ending bucket lists and making incredible memories. These splurgers believe that you can’t put a monetary value on a meaningful experience. Unfortunately, you often can. 

If you’re an Experience Splurger, try keeping your budget realistic this year by crunching the numbers on what you spent overall this past year and come up with a monthly average of what it costs to maintain your free-spirited lifestyle. We all know you’re not one to pass up a new adventure, but someone as entrepreneurial as you will have no problem finding a side hustle or budgeting trick that will allow you to keep on collecting experiences, while pocketing 15-25% extra each month.  


These spenders are big on making practical purchases. By investing in high-quality items, they can sleep soundly, knowing their products will stand the test of time and not need to be replaced any time soon. They tend to be budgeting masters who rarely spend outside of their means. Their main financial faux pas? Getting blinded by brand names.  

These realistic personality types (often testing as introverts and judgers in the Myers-Briggs system) like to go with trusted brands who have been around for a significant period of time. They’ll shell out big bucks to attain items from a company that might be selling the exact same product as someone else, but marks up the price by 50% because they’re slapping their time-trusted logo onto it.    

If you’re a quality splurger, save yourself money this year by doing research on a company’s competition before you go with your usual favorite brand. There may be an equivalent product out there with a much lower price tag attached to it. And you might just find yourself happily acquiring quality goods while pocketing 50% of their usual cost!  


These splurgers spend money strategically – they invest primarily in opportunities that are going to push them forward personally or professionally. Is it really splurging if the money is going to come back to you somewhere down the line? In short – yes, it unfortunately is.  

These motivated personality types (often testing as extroverts and judgers in the Myers-Briggs system) invest their money purposefully, but occasionally get carried away with the wealth of development opportunities that are available to them. When left unchecked, they can often go overboard and invest in more courses, seminars and networking events than they even have the time to attend!  

If you’re a personal/professional development splurger, fine-tune your budget this year by practicing mindful enrolling. When a course or event first appeals to you, do some research on similar courses and see if there are any available that might help you combine multiple interests or objectives. The more birds you can kill with a single stone, the more time and money you’ll end up saving yourself down the line!   


These splurgers are far from hoarders, but they do enjoy the odd comfort item. Whether it’s the latest piece of cutting-edge technology, a leather-bound copy of their favorite book, or a closet full of the latest fashion trends, these splurgers will always spend a little bit extra on attaining the (literal) object of their desire.  

These thoughtful personalities (often testing as introverts and perceivers in the Myers-Briggs system) value the choice items they acquire highly – but they can also fall victim to the tempting world of impulse spending. Their hands sometimes slip onto that ‘checkout’ button a wee bit before their budget has the time to catch up.   

If you’re a comfort-item splurge, keep your impulse purchasing under control by sitting on potential purchases for 24-48 hours before allowing yourself to hit ‘checkout’. If you really want it, you’ll still want it a couple of days from now. And if it’s not all that important, you’ll forget – and save yourself some money in the process. 


At the end of the day, splurge-spending isn’t always a poor choice. But there are definitely areas where all of us could serve to trim our budgets down.  

And by everyone, we of course mean everyone but you.   

You’re the master of all things budget-related. We just hope you pass these tips on to your sister-in-law.