How to find the balance between spending + saving!

[Mumsworld112]

Hi all
Wishing you a wonderful 2025 ahead.
I am currently a SAHM to my babies, DH works full time and we have a joint account for the bills/ spending money and savings.

I have a good amount of savings (£40k), I accumulated from working, and I am still able to save around £200 a month. I find it so hard to treat myself to something or to buy anything, and then I have the thought that we can’t carry all the money to our grave and I’m being too frivolous :/

We don’t have any debts luckily, just a mortgage that has a low interest rate. I just don’t know what a good balance is or if there even is one. I like things but put off buying them with the anxiety of spending money.

Any thoughts?

Have an account specifically set up for fun and frivolity. Put a bit into it each month and then spend it on the sort of stuff you want but don't "need".

You will need a lot of savings as babies grow into children and teenagers and need Uni living costs.
So find a balance that still lets you save.
And make sure you have pension provision for the sahm years.
You now probably have very little in your frivolous spends category

Op every month all my wage and dh is allocated pretty much down to the last 10 pounds.

That means all essentials, all stuff like petrol and so on.
Then we both save into holidays, Christmas and birthdays and so on.

We also allocate money to weekend stuff like going out or take way or the famous mn hot chocolate when out!!

It means when I have my money to spend I don't feel guilty and it's soley for me with everything else covered.
. If your dc are small have you got all eventually covered my dc one of them has needed a absolutely fortune in tutors. School couldn't help her so she had about 3 years of maths tuition.

Child hobbies and clubs.
Have you got savings for them eg cash isa and stocks and shares isa maybe even a sipp? Self invest personal pension.