Some things really are worth spending on – as long as you go about it in the right way:
1) Spend it on retirement by saving for it now.
2) Spend it on the thing that is most important to you.
3) Spend it on special events by saving a little bit at a time.
4) Save enough to cover three to six months of essential expenses in case of emergency.
5) Make sure you are paying at least the minimum balance on all your loans and more if you can.