A majority of the time, personal finance conversations/blog posts/podcasts center around saving. When spending money gets talked about, usually it has to do with paying down debts or making necessary purchase, such as homes or cars. However, it’s important to remember that finance is more than just saving for retirement or to own a home. It’s more than just worrying about debts. Spending is an important part of personal finance as well. Now, I’m not encouraging you to go out and spend like it’s going out of style. What I am encouraging you to do is to be smart with your money and to spend on things that are important to you. Is there a hobby that keeps you active and happy? Don’t be afraid to spend a bit on it. Of course–I’ll reiterate–don’t spend obscene amounts on it, but a few dollars here and there won’t hurt. Being happy and active can go a long way in life and is just as important to your well being as how much money you save. Spending can also be helpful in other ways, such as helping you to build credit, if you are a young saver. Having strong credit can help you down the road when you apply for car loans or mortgages by helping you to secure a favorable rate. The key though is that you don’t get too caught up in saving as you march towards retirement. Yes, you should of course work to meet your retirement saving goals and should save enough live comfortably after you stop working. However, you shouldn’t be afraid to spend a little on yourself. Don’t be afraid to plan a vacation from time to time or buy yourself that new piece to tech to make your life a little more efficient. So what will you spend money on?