Being someone who likes to be frugal it can be uncomfortable to waste money. You want to streamline your budget and keep it lean and mean. The problem, though, is that if you do not live life and try to enjoy it then you will get bored with it awfully quickly. We all waste money at some level, and if watched is of no issue. How much money is it ok to waste each month? The answer to that question is relative to your specific situation and one that my wife and I found ourselves in a few months ago.