December expenses –Month of December or Christmas season comes with celebrations and, as a result, so many expenses surface in the process, hence, eating deep into peoples’ pockets.
To efficiently spend this holiday season, you need to plan well for your finances i.e according to your earnings – but also remember to put aside some savings. The insurance to your next health and meal depends on how much you are going to save. Savings is just denying yourself good things today so that you can have them when you nolonger have energy to work and move around.
Additionally, as you spend, make sure you also project your next day’s needs which may include your children’s school/ college fees.
It is always good to factor in life challenges starting from medical issues that you or one of your family members could be having. Budgeting requires all these aspects of life to be listed ready so that not to run out of plan and money when you need it most.
It is easier to plunge yourself into life or financial difficulties just because you failed to learn and respect a small concept of projecting your future demands.
It will also be better if you decided to buy foodstuffs in wholesale. Buying retail or one item after another is illogically expensive. Tomatoes and onions bought in a pack is better than buying one piece for use before coming for another in the evening. It not only eats into your money but also your time.
Economist also advise that, to spend money during festivities is always exciting as part of normal supremacy holiday showoff. However, as you showcase your pocket power in a local bar, make sure you do it within your means. Do not be swayed to buy a bottle of Glenfiddich when you have no such financial capacity. Let those who can stretch that far do it. Even fingers have never been of the same size. If peer pressure is what problems you, why not avoid such friends who don’t care about your future.
Lastly, do not mix with friends who think spending is a class of its own. That cannot be a reason enough to risk your next day’s meal or child’s school fee.
