Christmas is just by the corner for the year 2019. By this time usually by analysis, most families are already saving up money that they intend to massively squander during the yuletide celebration. This is not a bad idea but it becomes a setback when you have no plans for savings out of all the money you’ve made for the year 2019. Should everything you have made go down the drain of celebration? Absolutely Not! We have in this article come up with great strategies for you to save money and avoid waste in the forthcoming Christmas celebration.
1. Set aside a good amount of money for January next year:
Have you seen January next year? Your answer as at now is ‘No’ i guess but it will be so much wisdom to get ready for it by saving up some money for it before hand. Try your very best to calculate all the awaiting expenses of the month of January and then save more than enough for it before the year ends. This will guide you and of course set a spending limit for you this Christmas.
2. Don’t buy what you don’t need:
Because it is the yuletide season, many persons easily get enticed by the flashiness of certain seasonal products that come with Christmas celebration. Avoiding this common mistake will go a long way in helping you curb any form of extravagant spending. Do well to write down what you need for the celebration and stick by your scale of preference.
3. Be contented with what you have:
Christmas season is known most times for show offs by people who travel down to their villages, go on parties and more. For some persons, it is a season to prove a point to either family members, friends or neighbors that there is money in their bank account in large sums.
This financial recklessness is not necessary at all as this is no man’s business at all. Avoid being carried away by the reckless spending done by others around you and don’t let it to get to you. Be contented with your level at the moment while you work harder. Do well not to compete with anyone. There is no trophy anywhere for this kind of recklessness.
Setting money aside for future use is key to determining how well you will be as regards finance. Take deliberate steps this Christmas to avoid financial waste.