With Christmas and New Year around the corner. It’s almost that time of the year when overspending beckons owing to lots of merry making and relaxing which in many instances does come for free. While it is permissible to treat yourself and your loved ones to the finer things in life, going overboard above your intended budget only serves to create a recipe for disaster in January when the bills come knocking and you are not in a position to offset them. So here are some of the sure ways to make sure you spend less in this festive season:
Start budgeting now
It is highly advisable to set aside money that you want to burn during the festive season as early as now. Saving and budgeting early serves to ensure there is no spontaneous spending which is usually the foundation of a cash strapped January.
Take advantage of deals
The months leading to the festive season are usually riddled with financially convenient holiday deals by companies. Take advantage of that offer by a tour company to fly you to a holiday destination at fairly reasonable price early enough before the window of opportunity closes. It will ensure you still have a good time and save at the same time.
Avoid places that trigger you to spend
Hanging out in places that increase your propensity to spend is one of the main factors behind overspending. Spending a full day at the mall only means you go back home with less money or fully exhausted pockets. Limit the amount of time you spend at such places in order to avoid burning what you did not intend.
Prioritize
Focus more on interacting with family and loved ones who you have had less touch with throughout the year. Take time to shower them with attention instead of only being hellbent on affording them lavish gifts. Attention is one of the most important things you can offer during this period.