How to stop feeling guilty about spending money

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     Look at your financial situation. If you are solvent, able to support those you need to, have extra cash, and have an emergency fund, know that it's fine to spend a little extra money! There should be no issue in getting that new, hardcover book you've been eyeing or spending a few extra dollars to get a fancy lunch with friends.2

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     Understand where your cash goes. If it helps you to understand that you money isn't being wasted completely, look at what happens to it: in buying a glass of orange, juice, for example, money is going to the company that supplied it, the store you bought it from, the worker who picked the orange, the farmer who grew the tree, the company that built the car that the worker drove, and so on. It's a never-ending cycle of where the money goes. Look up some economic theories to understand why spending money stimulates the economy.

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   • Realize what you're doing with your money otherwise. If you're not spending that few dollars in your pocket, it does nothing but get sucked through the washer a few times. If you never spend it, it stays for years without going into circulation and benefiting you little.

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     Consider your money-spending a gift. Try spending something on yourself as a reward once in a while: plan on buying something when you get that major promotion or for your birthday. Small rewards like this will help you feel as though you're treating yourself without turning into a full-blown addiction to wasting hard-earned cash.

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     Look at what you need. If you feel bashful spending money on basic needs, such as food, really reconsider why you feel this way. Some things are necessary in life, and it's hard to get them without spending some money. Don't ever think of these things as luxuries, and don't budget yourself so harshly on them.

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     Get a little job on a side. In order to combat my Spender's Guilt, I started writing online. I consider my usual income to be what it always has been: pretty untouchable. The money I may online, I reason, is something I wouldn't have ordinarily, so I should feel perfectly fine using it to treat myself once in a while, so long as it doesn't exceed the amount I make writing.

Original article found here