Asked on Reddit: Can I justify an expensive hobby?

Published: Thursday, January 1, 2026 at 3:00 pm

Can You Justify That Expensive Hobby? Financial Experts Weigh In

A recent discussion on Reddit explored the question of whether indulging in expensive hobbies is financially sound. The online forum, known for its diverse range of discussions, saw users debating the merits of spending on passions like golf, sailing, or travel versus prioritizing savings and debt repayment.

Financial experts offer a balanced perspective. Andi Wrenn, an accredited financial counselor, emphasizes the importance of first securing essential needs. Before splurging, individuals should ensure bills are paid and future savings are in place. John Jones, a certified financial planner, suggests aligning spending with long-term goals and values. He recommends discussing financial aspirations with partners to establish a shared vision for the future.

Experts advocate for incorporating hobby spending into a budget. This involves determining a sustainable spending level, potentially by reducing expenses in other areas. Creative strategies, such as utilizing credit card rewards for travel or selling crafted items, can also help fund hobbies. Patience and planning are key, with suggestions including creating a dedicated savings account for the hobby and taking advantage of sales.

BNN's Perspective:

While the allure of expensive hobbies is understandable, a responsible approach is crucial. Striking a balance between enjoying life's pleasures and securing financial stability is key. Prioritizing essential needs and long-term goals while incorporating hobby spending within a well-defined budget allows individuals to pursue their passions without jeopardizing their financial well-being.

Keywords: expensive hobby, budgeting, financial planning, savings, debt, spending, Reddit, financial advice, travel rewards, financial goals, sustainable spending, credit cards, hobbies, financial counselor, certified financial planner

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