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
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