Majority of us are always suffering from the constant dilemma between saving money and having fun. While it’s important enough to get out of our homes and spend time with family and friends, at the end of the day we all have a certain burden of debt waiting for us as soon as we reach home. But if you too are caught in this dilemma, you need not freak out as there are definite ways in which you can lead a good social life along with a wealthy bank account. Would you like to know about some ways where you could feel less guilty about spending dollars for your loved ones? If answered yes, here are few tips that you would need to take into account.

• Try to give utmost respect to your budget

The concept of budget has been almost drilled into your brain for many years now and hence telling you about budgeting one more time won’t hurt you. It is true that the easiest way of keeping your budget on track is by setting aside a certain amount every month. It is pretty much easier than what you think and it will be. Just take your monthly income and subtract the bills, gas costs and groceries. Half of the remainder will go straight to your emergency fund and the rest of the half will go towards your fun budget that you can spend.

• Don’t splurge on unnecessary luxuries

Going out for drinks and dinner is one of the simplest ways of reconnecting with your loved ones. But if you make it a habit to catch up with old friends and celebrate an event by splurging in dinner invitations, you will never be able to save money. Hence you should opt for the ways through which you can enjoy an outing without blowing a hole in your wallet. There are several deals on the internet that you can grab in order to save less on restaurant bills.

• Arrange potluck dinners amongst your friends

No, you don’t have to always leave your house in order to spend a good time. How about arranging potluck parties which can help you reconnect with a larger group of people without having to spend a lot? Everyone who is invited brings a family sized dish according to their choice and the hostess of the party is also included within it. By the time the guests show up, you will have an entire feast ready but you just had to cook one dish. Apart from cooking that dish, you just had to coordinate with your guests.

So aren’t the above mentioned ways some of the best ways of maintaining a social life without blowing a hole in your wallet? If you are torn between balancing your social life and financial life, you can try following the steps given above so that you may easily be able to save money and also enjoy your life with friends.