Read more about Finance
How can you avoid going into the New Year with a thin account balance? How do you scale the sweet traps that consumerist December sets for most of us? We’ll answer those questions here by talking about seven ways you can effectively manage your finances this Christmas. Here they are:
Examine Your Finances
The first step to spending responsibly is to know where you are financially speaking. After all, what will constitute a proper limit on your expenses will partly depend on how much money you actually have at your disposal. Look at your account balance, think about what your current and future needs are, and decide how conservative you should be with your spending in light of these facts.Create A Budget
Have a budget for your Christmas expenses. This might seem like putting a leash on your happiness, but it’ll actually do you a lot of good in the end. List out the things you need to buy (not just anything that catches your fancy), and attach the corresponding current market price for each of them. Add the prices up, and you’ll get a fair estimate of what you’re going to spend this season. Next, do what you can to stick to the budget. If you’re faithful to this rule, you’ll likely save yourself a decent amount of money in the process.Sign up for the Connect Nigeria daily newsletter
Use Personal Finance Apps
Thankfully, there are several tools that simplify the process of budgeting and tracking expenses. These apps can help you plan your spending for the holidays and reveal how it could impact your finances. Some of them will even show you what items you’re spending the most on over a given period. Savings and personal finance apps can help you in so many ways. We absolutely recommend that you use them. Some examples include Inflow Finance, Sparkle, and PiggyVest.Seek Out Deals And Discounts
Be ready to spot good deals that may be available for any of the products or services you want to purchase. Some vendors will offer discounts at this time of the year (and sometimes into the New Year) to attract more buyers. If they’re selling quality stuff, don’t pass up the bargain. Reduced prices give you an opportunity to save scarce funds.Compare Prices
Don’t just settle for the bill you get from the first retailer you visit. Get quotes from multiple stores if possible, compare them, and go for one that gives you the best combination of price and quality. This might be a challenge if you’re shopping at physical locations, but it’s much easier when you’re doing so online. Do check out reliable web stores for the things you’d like to buy, and find out which ones give you the best value for your money.Watch Out For Spending Triggers
Not all of your decisions to buy stuff are based on your need for them. A lot of other factors may be at play: the desire to impress family, friends and colleagues; a craving for certain edibles that you can (and probably should) do without; and a simple (but costly) want for new things. When you have the thought of buying more than you’ve budgeted for, you should assess that thought and decide whether there’s any good reason for going with it. Quite often, there isn’t.Register to attend the CN Business Mixer
Do Your Shopping Early
Don’t wait until Christmas week to buy the things you need; the closer you get to the day, the more expensive they’ll be. Purchase whatever you’d like to have weeks ahead of that time, so you can save yourself the higher cost (and stress) of shopping in the days leading up to Christmas proper.Final Words
January doesn’t have to meet you struggling with your finances. You can take the steps we’ve talked about here to strike a balance between having fun and being prudent with your spending this season. Featured Image Source: Business Post NGGot a suggestion? Contact us: editor@connectnigeria.com
You might also like:
- How To Fund Your Creative Project with Kickstarter
- Top 10 Investment Options for Nigerian Entrepreneurs
- Optimizing Cash Flow Management For Nigerian Businesses
- Celebrating Easter on a Budget in Nigeria
Viagra I would like to tell you about the effective way to take it easily.비아그라구매
Viagra can cause palpitations, indigestion, dizziness, flushing, headaches, etc., so you must take 25mg at the time of initial use and check whether it suits you.정품비아그라
Viagra I would like to tell you about the effective way to take it easily.비아그라구매
비아그라구매사이트 100%해택,사은품 증정,이벤트 하나사면 하나 더,2022년 특별 이벤트1+1.
Viagra I would like to tell you about the effective way to take it easily.비아그라구매
비아그라구매사이트 100%해택,사은품 증정,이벤트 하나사면 하나 더,2022년 특별 이벤트1+1.
Viagra I would like to tell you about the effective way to take it easily.비아그라구매
Viagra is divided into three doses: 25mg, 50mg, and 100mg. If you have severe sexual problems, you may think that you need to use a higher dose, but this is wrong.비아그라사이트
Viagra can cause palpitations, indigestion, dizziness, flushing, headaches, etc., so you must take 25mg at the time of initial use and check whether it suits you.정품비아그라
비아그라구매사이트 100%해택,사은품 증정,이벤트 하나사면 하나 더,2022년 특별 이벤트1+1.
Viagra I would like to tell you about the effective way to take it easily.비아그라구매
비아그라 구매,정품 비아그라,비아그라사이트.비아그라 퀵배송,안전거래, 당일배송, 온라인최저가격 전문 온라인스토어입니다
Viagra is divided into three doses: 25mg, 50mg, and 100mg. If you have severe sexual problems, you may think that you need to use a higher dose, but this is wrong.비아그라사이트
비아그라구입 모든제품은 100%수입산 제품입니다,절대로 국내에서 구하지 못하는수입산 제품만 취급합니다.
비아그라구입 모든제품은 100%수입산 제품입니다,절대로 국내에서 구하지 못하는수입산 제품만 취급합니다.
비아그라 구매,정품 비아그라,비아그라사이트.비아그라 퀵배송,안전거래, 당일배송, 온라인최저가격 전문 온라인스토어입니다
Howdy would you mind lettiing mme know which webhost you’re using? I’ve loaded your blog in 3 ifferent internet browsers andI must say this blog lads a llot quicker then most. Can you suggest a good web hosting provider at a honest price?Many thanks, I appreciate it!
Excellent goods from you, man. I have understand your stuff previous to and you are just too wonderful. I really like what you’ve acquired here, certainly like what you are saying and the way in which you say it. You make it enjoyable and you still take care of to keep it wise. I can’t wait to read much more from you. This is actually a wonderful web site.
Finally, in this paper, we showed in dexamethasone replaced adrenalectomized rats that aldosterone infusions markedly increase NCC abundance in renal cortex Figs buy cheap cialis discount online