I have never had money burning a hole in my pocket. I would put the $300 away and just let it build intrest for awhile if I there was nothing I really wanted. Personally, if I had $300 now I would be getting my lower back inked and prep for the rest of my back to get done. We all have different priorities.
Well, I have been going minimalist lately with everything I have. A good deal of the stuff I have is either being put into storage or sold off which really puts things into perspective of how much crap that is just not needed. I rather have the money gaining interest in a bank account than devaluing in the form of a new stereo or some other new toy. The things I have work fine now, and the joy from buying something new is shortlived.the money thing... the only thing touching my lower back is one of those hot chicks with a bottle of massage oil