The festive period is just around the corner, and people are gearing up to live up to different expectations. All these expectations always have a significant impact to your wallet.
Festive period like Christmas captures the attention of all individual because it precedes the New Year. Even if you are Muslim, your focus will be on the transition to a new year.
I will share with you some of the tips you need to adopt to stay the following year afloat because there is no point wasting your money within a few days in the name of festivity.
Christmas Gift is not obligatory
There is nothing wrong showing love during a festive period like Christmas, but the moment you start realizing that it is not obligatory, the better for you.
People buy expensive gifts, buy expensive packages to wrap up the gift item and probably pay for delivery.
That is not a right way to go about it. The gift item you intend to buy for someone shouldn’t exceed a reasonable standard fee. It should cost you a few dollars.
It should not go above two figures. There may not need to buy packages to wrap up the gift item.
It is terrible that people expect a lot during this period, however, do not be moved by that. You need to be careful at this point, it’s critical.
Have a budget
Anybody who understands personal finance will know that having a budget is inevitable.
The earlier you start preparing the budget, the better for your finances. While making your budget, envisage the people you intend to show love and what you will give them.
The food, clothing, transportation cost should not be excluded in your budget.
I have said before that self-discipline will be the only attribute that will make you stick to your budget.
This time, you have to stick to it, if not; you would be caught in the web of impulse purchases.
Don’t join the bandwagon
The perception that is common is getting all you need a few days before 25th of December. There is usually a rush that often triggers sellers to hike the prices of goods in the market.
If you can get things ready a month before December, it’s going to be an ideal because prices of goods are still in moderation. This way, you could easily avoid the crazy price hikes.
It is ideal to shop online than shopping offline. You have the opportunity to claim exclusive deals, exclusive discounts which you will not find in physical stores.
There lots of e-commerce stores, that gives you the ample opportunity to even compare prices before placing an order.
Apply this hack and enjoy the festive period. You can still spend less and enjoy every beat of it.