I recently reached a financial milestone in my journey to be debt free– I paid off one of my credit cards!
As excited as I was and as much as I wanted to celebrate my financial milestone, I wanted to make sure it was a frugal celebration so I wouldn?t be setting myself back in my progress.
Similar to how children?s birthday parties have become huge, over-the-top affairs, the way that people celebrate every milestone in their lives (financial or not) has gone over-board in my opinion.
Coming up with frugal ways to celebrate your financial milestones can be difficult, especially if you haven?t stopped to re-define your version of a celebration. Here are some ideas to help you celebrate your next financial milestone frugally.
Celebrate at Home
For me, it is especially tempting to celebrate my milestones by going out to eat, taking in a movie at the theatre, or treating myself to a pampering pedicure, but these options are not the most frugal. Instead, I?m trying to be better about celebrating my financial milestones at home, where it?s easier for me to control the costs of my celebration.
While I continue to work full-time and run my online freelance business on the side, my time is precious. So even taking an afternoon or evening off to watch a movie at home, enjoy a bubble bath, or spend some time playing with my dogs in the backyard is a rarity, and a good frugal treat.
If none of those options appeal to you, perhaps you can have a fun meal at home with friends and family, or simply spend some time on a hobby you?ve put on the back-burner lately.
One of my blogger friends, Cat, who is a business owner and a mom to 1-year-old twins typically choses to spend her celebration time locked away in the sanctuary of her bedroom, reading, listening to music, or simply enjoying the silence, whenever her hubby takes his turn with their twins.
Take Advantage of Specials
If you really want to celebrate your financial milestone out and about instead of at home, try to take advantage of specials, coupons, or other deals to make your celebration more frugal.
The last time I celebrated a financial milestone, I asked my family to celebrate with me at my favorite Mexican restaurant. To save money on eating out, I didn?t actually eat dinner. Instead, we opted to share an appetizer and ordered margaritas, a rare treat.
Another place you might be able to take advantage of a special to make your celebration more frugal is at the movie theatre. The community I lived in during college offered cheaper movies if the start time was before 6:00 p.m. during the week, and on Tuesdays a tub of popcorn and a soda were $1 each. That made for a pretty cheap (but not healthy) dinner and a movie once in a while as a treat.
No matter if you decide to celebrate your next financial milestone at home or out and about, there are lots of ways to make it frugal so you don?t have any setbacks in your progress. Celebrating your milestones is important, but that doesn?t mean it needs to be over-the-top.
How do you celebrate financial milestones? What are some simple things you like to do to celebrate something? Do you prefer having celebrations along the way of working on something or do you save it for the end?
Photo courtesy of:??Depositphotos.com/Sandralise
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