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Christmas holidays are characterized with a culture of spending. This is a time meant for giving and enjoying life. People have adopted a culture of spending every year during Christmas holiday.
Children will need new clothes, toys and nice food. People travel from place to place. Most people will be covered by ignorance and spend as if there is no tomorrow.
Economically in Africa we ended up creating a term called “January Disease” simply meaning that it’s a month of brokenness. There is no money in the pockets of many people due to over spending during Christmas holidays.
This happens year after year. Now the most painful thing is that those kids you were spoiling during Christmas holidays when it comes to January they need school fees, uniforms, back to school expenses.
We cannot blame them, it’s their right to get support from their parents.
So what must we do. What makes this kind of mistake to happen over and over again.
We can still enjoy Christmas holiday without burning the fortune that we had worked for in the whole year.
I believe this is going to be a very interesting topic and touching so many people.
Most people spend money according to emotions. When they are too excited they spend, and some when they are too stressed they spend. Guard against your emotions and always think sober.
Don’t copy others and fall in a temptation of competing. Always trying to be ahead of your neighbors. This are some of the things that commonly leads to over spending when it comes to December vibes.
How can one avoid January Disease? It is very wise that in the beginning of each year, start to save a little money aside for spending in December. If possible also start buying groceries bit by bit and put aside. Things like flour, rice, soap, suger etc.
This will reduce pressure on your budget because when December time comes, you will only need to buy few things.
If possible pay school fees for your children in December as soon as they close their third term. In this manner you will know for sure that you have reduced unnecessary pressure for December and January.
Remember the saving principle, save before you start spending because if you start spending before saving there will be nothing that will remain for saving.
By B. Marambire
Check also;
- Speke Hotel Munyonyo In Christmas Promotion
- Public Holidays lead to loss of billions of Shillings according to URA
- Ugandans Usher In New Year With Live Show
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg)