Birthday Money
Finances August 25th, 2008I have a question for you guys… when you get birthday money (or gifted money of any kind, like Christmas, for that matter) is it fun money, or do you add it to your debt relief efforts? I’ve generally subscribed to the notion that you should spend birthday money on something you really want rather than something you really need. This year I was already thinking about using the birthday money to buy sexy swimwear (*snort* okay, okay, just a much needed new swimsuit)… or the other option was to finally buy the books that have been languishing in my shopping cart on Amazon.com. I had almost decided to go for the latter option, but then I spent the weekend taking a good look at my finances and now I find myself leaning towards depositing that money in the bank and sending it straight on to one of my credit cards. So I’m interested in your opinions… does using birthday money to make a credit card payment go against the spirit in which the gift was given (ostensibly to choose a gift for myself) or is it a sound financial decision?








August 25th, 2008 at 9:09 am
I too am in the “spend it as I please” category, but it should be something I have had my eye on for a while. Like camera equipment or new maternity clothes.
If I don’t have a special something in mind, I turn it over for the family.
My husband is the same way, but he rarely has something in mind, so most of his money goes to the family debt.
Does that say something about me and my materialism? Probably. I always want, want, want.
August 25th, 2008 at 1:59 pm
Birthday money is to be spent on you I think. That is one reason I would rather have an actual gift than money. I always struggle with just using it at the grocery store or something.
August 29th, 2008 at 8:13 am
A little late in giving my opinion as you have already decided. I like your decision, I am also trying to get out of credit card debt. I understand the ‘wanting to buy for me but I really should put this money on debt’.
August 29th, 2008 at 10:48 am
I, too, am late, but I always say, “Woohoo! Free money! Let’s go buy groceries!” I’m weird like that. Or old…
September 5th, 2008 at 7:35 am
I like it to get that thing you normally would not buy yourself… though with my girls, I try to have them meet between need and want.