4. Expect to splurge. In the budget, allow for the few places where you'll want to splurge. For example, the kitchen backsplash is a place you may want to do something truly special and remarkable. If you spend a lot of time in the kitchen, the backsplash is something you'll see several times a day for many years. Even if it costs a significant amount, allow yourself to splurge a little on something you'll enjoy.