In this economy, little treats, like my weekly gossip mag and a latte are my no-fail pick-me-ups, even when I can't afford the new handbag I really want. Still, living on a budget doesn't mean splurges have to be totally out-of-the-question. In fact, even finance experts, Ori Schnaps, co-founder and manager of Thrive, and Aaron Patzer, founder of Mint.com, wouldn't recommend not shopping at all.

They advise that going cold turkey can have a negative affect on your finances, and vowing not to splurge can lead to overspending later on in the month. Instead, both financial experts have real-life advice and small spending tips that will help you to spend more wisely day-to-day. Who knows — that splurge-worthy item might just be affordable after all. Read on to get all of their great tips and find out how you can save.