How much 'Fun Money' do you give yourself each month?

posted 3 years ago in Money
  • poll: How much 'Fun Money' do you give yourself each month?
    $0-$50 : (24 votes)
    13 %
    $51-$100 : (14 votes)
    7 %
    $101-$150 : (13 votes)
    7 %
    $151-$200 : (9 votes)
    5 %
    $201-$300 : (20 votes)
    11 %
    $300+ : (48 votes)
    26 %
    Our 'Fun Money' is the SAME every month : (13 votes)
    7 %
    Our 'Fun Money' VARIES each month : (46 votes)
    25 %
  • Post # 3
    Member
    1414 posts
    Bumble bee
    • Wedding: February 2009

    It’s usually about $300/month, depending on the month!

     

    Post # 4
    Member
    2537 posts
    Sugar bee
    • Wedding: November 2013

    It’s $50/month for each of us and it’s the same every month.

    Post # 5
    Member
    1103 posts
    Bumble bee
    • Wedding: July 2014

    We need to reevaluate it, as we are moving this month and expenses have just been high all around. We are spending too much on prepared food because we don’t want to cool after packing!!

    Post # 6
    Member
    9412 posts
    Buzzing Beekeeper

    We don’t really have a budget and we really should. So long as all the bills are paid and we can direct 30 percent into savings, I don’t care what happens with the rest of it. I’d say maybe 5 percent of our combined income goes to “fun” stuff each month. 

    Post # 7
    Hostess
    9919 posts
    Buzzing Beekeeper
    • Wedding: May 2014

    @siempresoulmates:  We give ourselves a $75/week entertainment budget.  This is separtate from our essentials.  We don’t really stick to the categories for our money very well.  We have $300 a week that covers everything, gas, food, fun, necessities etc.  Usually it all works out.

    Post # 8
    Member
    1275 posts
    Bumble bee
    • Wedding: September 2014

    We are just starting out and saving for the wedding, so we’re doing $200/month each right now.  So $100/paycheck.  It’s going to be the same every month.  I think this is more than enough except I like to buy a couple seasonal items every few months, but if I just keep $10 or $20 aside each time I’ll have enough and it won’t be a problem at all.

    Post # 9
    Member
    6510 posts
    Bee Keeper
    • Wedding: June 2013

    @MrsPanda99:  same for us.

    We don’t really have a budget. We direct a certain amount into savings and just do what we want with the rest. As long as we don’t have to dig into savings to pay off bills or credit cards we don’t pay much attention.

    Perhaps we should set some kind of budget up but we are already saving and investing quite a bit of money so I don’t see the point right now. I don’t really have an estimate of how much we spend on “fun” stuff.

    Post # 10
    Member
    10748 posts
    Sugar Beekeeper
    • Wedding: February 2014

    We don’t actually budget anything, we just buy/do what we want every month and never have to worry. That’s the beauty of being DINKS with great jobs!

    Post # 11
    Member
    9412 posts
    Buzzing Beekeeper

    @Pinkmoon:  +1. I love DINKdom! Lol. 

    @MrsBeck:  Exactly. I always say we should make a budget but then again I really don’t see a point…so it always gets pushed off. 

    Post # 12
    Member
    545 posts
    Busy bee
    • Wedding: June 2013

    @siempresoulmates:  We have $20/each and it’s for non-shared expenses. Mostly lunches with coworkers. We have a category in the budget for everything else clothing, haircuts, entertainment, restaurants, gas, groceries, etc. It is set at the begining of the month. We use the software from youneedabudget.com and it helps us stay in check.

    Post # 13
    Member
    1969 posts
    Buzzing bee
    • Wedding: June 2015

    Our fun money varies from month to month depending on short term goals.  We haven’t fully combined our finances (and never will!), so our fun money is something that comes from our personal budgets.  We only budget together for household expenses. Our household expenses include; rent, groceries, hygene items, utilities, and renter’s insurance. Everything else like; our car payments, car insurance, gas money, cell phones, credit cards, student loans, and fun money, comes from our personal budgets.  So I said all of that to say that I have no clue how much “fun money” my partner gives himself.  I just know that it decreases, when we have fluctuations in our household expenses or when we are saving for something special together.  We make similar incomes, and I have a good idea of his spending, so I know that we probably spend about the same on “fun” every paycheck.  

     

    Usually, I give myself about $300.00/mo. of fun money.  But with Christmasa coming up and recent car issues for the both of us, fun spending has decreased to about half that at best.

     

    Post # 14
    Member
    1111 posts
    Bumble bee
    • Wedding: May 2015

    It’s usually about $5 a month haha. We actually don’t have any money left over to spend on anything, so I rely on birthdays and holidays for new clothing or to go out. We only eat out on a special occasion.

    Post # 15
    Member
    3756 posts
    Honey bee
    • Wedding: April 2014

    We budget $120 for fun money each week, that’s $60 each and is supposed to be for the weekends, Friday night thru Sunday night. Each month can have either 4 or 5 weekends, so at most we spend $620…. wow, now that I’m actually typing that out it feels like way too much!! Especially with saving for the wedding. But oh well, we prefer to have fun and enjoy the weekends so that’s what it will be. We actually tried cutting that back but we ended up over spending anyway. Oh well. 

    Post # 16
    Member
    1931 posts
    Buzzing bee

    He just spends whatever he wants ($1200 tablet here, $600 Xbox One there) but I live less than paycheck to paycheck so there is no such thing as “fun” money for me. 

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