Personal Finance: Take Control This Christmas

With the arrival of Christmas, being wise with shopping can save you a lot of money . Staying with more money in your pocket and not having to worry about payments later, is something we all want to experience.

The good thing is that if you have planned Christmas shopping since January or March it is not necessary to make drastic changes. I congratulate those people for having their money under control .

 

Now, for the rest of you, there is still a little time

Now, for the rest of you, there is still a little time

Sit down and calculate how much you can squeeze out of your budget to save for Christmas. Look, the stores in the malls have already drawn up a plan to make the money flow from your bag to their account. They have been planning since January how they are going to attack and hold their money and you have to have a defense plan and lift the walls to keep YOUR money.

Most of us come from large families and, especially during Christmas, there is always a brother-in-law or grandson that one does not even know wants a gift. The fact that you do not have money should be enough not to put the son of a guy who married a guy, the son-in-law of his father’s cousin, on the list

 

Remember, there are no prizes for the one who buys more gifts!

Remember, there are no prizes for the one who buys more gifts!

Determine how much you can save from now until Christmas and put it in your budget. Then, put the names and an amount to all the people to whom you want to buy a gift in an envelope.
The total of what you want to spend cannot be more than the budgeted amount. Use the money inside the envelope for each gift and when the money runs out – STOP SPENDING! So if you spend more with Aunt Checha, you will not be able to buy gifts for your 48 nephews.

Tie yourself to the budget! And remember, this is the season to give and not receive from yourself! So just buy gifts for others!

Leave a Reply:

Your email address will not be published. Required fields are marked *