Christmas is here again. It will happen in less than one week. It is always a season of joy and celebration, especially for Christians.
Even non- Christians too celebrate it since it falls towards the end of the year. A lot of economic activities happen during this yuletide.
Individuals and families shop for a lot of things they will need for Christmas and New year celebrations. For those that will travel, they already have a budget on how much they will spend to and fro. In all, expenses during this yuletide are outrageous hence, you need to spend wisely so that you won’t run out of cash in January.
In this article, you will learn some basic simple tips that will help you spend wisely this season.
Mange What You Have
There are a lot of things you have in your home that are still good you can make do with instead of going for new things.
Even if they are not in order, you can fix them with small amount of money and save the cost of buying new ones just because it is Christmas and you feel that everything has to be new and sparkling.
Do Things Yourself
Sometimes I see people pay for chicken to be slaughtered for them. Some women even pay for others to do a mini Christmas interior decoration for them.
These are things as a woman or even a man you can use your initiative and creativity to do. Yes it is good to hire an expert, but what if you have a small amount, it will make sense to do it yourself and save that money for other pressing needs.
Resist Impulse Purchase
Sometimes you enter a store to shop for a particular item, you get attracted to other items which you never had in mind or had budget for.
You are always tempted to purchase it. That’s impulse buying. You never planned for it. Stick to your budget. You can always get it anytime you are ready for it. Good things don’t finish at Christmas. They are always there even after Christmas.
Compare Prices
During Christmas and New Year celebrations,
small businesses deliberately hike the price of their products and services because they know that the demand will be high and people won’t have option than to buy. Don’t fall into that trap.
Those business owners have studied you as a customer and know how your purchasing behavior is like. Ensure you compare prices to determine the best price for such quality of commodity. Purchase from the store that offers a reasonable price at same quality you want.
Don’t Impress Others
Many people will purchase things they don’t need this season because they want to impress others. They want to portray an image they are not just to belong to the class of happening people in town.
This is popular amongst people who will travel to their various destinations where people have not seen them for a while. Manage your finance wisely. Doing things to impress people will make you go broke in January. The economy is always rough then as people have spent much on celebration. Remember, house rent, office rent, school fees of your children and other compulsory expenses awaits you next year.
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