Smart personal finance is about changing your mindset about what’s necessary and important, about reducing your list of financial needs. But I’ve learned that part of this is finding a balance so that you aren’t ignoring your Wants entirely. There’s a place in every budget for conscious spending. To me, the basic law of frugality is: Decide what’s important to you. Give yourself permission to spend on these things. Pinch pennies on everything else.
I don’t care about name-brand items. My style is charity shop chic! All I want to do is pay as little as possible for basic clothes. But I’m not about to condemn those folks who do like fashion. If you can afford it — by which I mean you’re not sacrificing your financial goals — and if you’re spending consciously and if you’re buying quality. If you’re doing all of these things, then there’s absolutely nothing wrong with buying expensive clothes etc. if that’s what’ll make you happy.
And it doesn’t have to mean you never buy anything you want ever again. You can’t always get what you want — but you can sometimes!
This of course doesn't just apply to fashion, it applies to other things such as dvds as well.