Pros and Cons of Splurging

1
Pros and Cons of Splurging
2

• The economic times that is being faced by the
  world has led to a large number of people having
  to reign in their expenditure and tighten their
  resolve when it comes to when and what they can
  spend their money on.

3

• Due to this change in the economic forecast, a
  lot of people nowadays avoid habits such as
  splurging on items that they might not need.

4

• This is due to the fact that the value of
  available funds has been reinforced with the
  emergence of the financial downturn that has hit
  the world on a global scale meaning that even if
  an individual has the money to splurge on a
  particular item that they might want, they take
  the alternative option of saving it for a rainy
  day when they might actually need for a more
  important endeavor.

5
(No Transcript)
6

• Though the concept of saving up ones funds is a
  reliable one and the anti-attraction to splurging
  in recent times is an understandable one, it can
  be argued that there are two sides to every coin.

7

• Though thoughtless splurging is something that
  should not be encouraged, taking the time to
  spend ones finances on items that they might
  desire but not need can be quite therapeutic at
  times, and there are some advantages that can be
  enjoyed from this activity.

8

• There are also some challenges that one might
  come across when they decide to engage in this
  activity, and both these elements should be taken
  into consideration before one decides on whether
  or not to splurge.

9

• For clarification purposes, it should be noted
  that splurging can be defined as the act of
  purchasing a good or service that they might not
  exactly need. It is not a waste of funds and
  resources as whatever one might decide to splurge
  could be put to good use, but it is placed in
  this category because an individual can do
  without it.

10
(No Transcript)
11

• Before one decides to splurge on a chair for sale
  skull furniture or whatever it is that they may
  desire, it is safest to ensure that they have
  made the correct decision. The best way of
  deciding on whether splurging can be a worthwhile
  activity or not is through studying the various
  pros and cons that come with this activity.

12
Pros of Splurging

• Some the benefits that can be associated with
  splurging can include
• Splurging on something that one might have wanted
  for an extended period brings about a level of
  contentment that can be quite satisfactory to an
  individual.

13

• Splurging can also serve to encourage one to work
  even harder to their financial objectives so as
  to increase the level at which they can take part
  in this activity.

14
Cons of Splurging

• Some of the disadvantages that can be associated
  with splurging include
• One might be tempted to stray off the original
  budget leading to over expenditure which can be
  quite harmful in the long run.

15

• If one does it too often, the act of splurging is
  bound to have detrimental effects on a persons
  account that could be hard to recover from.

16

• To Know More Click Here
• Address
• Rich Boys Toys55 Wall StNew York, NY 10005
• You Are Welcome Call Us1-844-RICHBOY - Toll
  Free(1-844-742-4269)