Depending on the investor, a splurge can include a fancy coffee habit or big-ticket item like a new boat. Regardless of your preference, this type of special purchase can be a good way to reward yourself and help you achieve your financial goals, if done wisely. Be sure to consider whether or not you have the following before opening your wallet:
In addition to the strength of your financial portfolio and potential risk of the purchase, you should consider if the item will give you long-term happiness, you’ve done enough research, and you’ll be able to avoid overspending. Ask your Enso | Sonoma financial advisor for guidance in creating an investment plan that allows you to spoil yourself, you deserve it.