CNBC Acorns: “Only 45% of Americans say they have enough money to spend on hobbies: Here’s how to make room for them in your budget”

February 14, 2022, CNBC Acorns — Marguerita Cheng, CFP® Pro, is featured in today’s article by Gili Malinsky who writes: “Hobbies can be an important part of your day-to-day routine for multiple reasons: They structure your time and ensure you’re not spending all of it working, can help build new social connections, and provide an outlet to cope with stress, according to Psychology Today.

“They can, however, cut into your paycheck, sometimes significantly. Less than half, 45%, of Americans say they have the money to spend on their hobbies, according to 2021 Personal Capital survey of 2,006 U.S. adults.

“There isn’t a defined percentage of your take-home pay that should be dedicated to your favorite pastimes, says Marguerita Cheng, a certified financial planner and CEO of Blue Ocean Global Wealth. But since they can improve mental health and up your joy in life, it’s definitely worth trying to squeeze hobbies into your spending.

Click here to discover a few tips to discover how to go about it.