How a Personal Spending Allowance Can Change the Way You Spend—and Feel

When you give yourself an allowance, it's more than just cash—you give yourself the freedom to spend without feeling guilty. I'm going to step out on a limb here and suggest that you need an allowance even if you are in a tight financial situation!

Early on in my long journey back to financial health, my husband and I agreed that I would have an allowance—a regular expense listed in our fledgling household budget. That changed everything for me!

If you’re ready to put yourself on a similar plan...