The first month of the new year is always a longitude month in the sight of most people especially employees that solely depends on their monthly income unlike entrepreneurs who could earn anytime as long as work comes in and this longitude like I would always call it, do happen because of how tremendously we have spent for the festive season in the previous of just concluded year. January then becomes a month of large stretch especially when we get to see it having 5 weeks. The big and great ranting then starts.
We can't conclude or generalize that this is how it is for everyone because some people have come to learn how to spend based on the budget they set and nothing can make them step out of the budget.
Whereas, for some people, the festive season is the period for them to spend and spoil themselves with almost all the income they were able to get or their savings for the year because they worked hard for it and must enjoy what they worked for.
No one disputes this point above but what's the essence of doing Dorime in December and then going extra broke in January? It doesn't really make sense right? For me, Yes it doesn't make sense.
Now let me take you through how you can maintain your purse sized budget and not going broke the following new year in my own ideas.
First, you have to set your mind on celebrating based on what you have and not competing with anyone. Be it blood relations or not cos most people spend lavishly because they don't want the other party, family or neighbor to do better than them and each year set to be for counting scores for the winner and loser.
Unfortunately, we can only stand to our feet the same way but we can't be hurt with matters the same way.Secondly, write down the things you need to do for the season celebration and apply the law of economics which is the scale of preference. Prioritize the ones that are necessarily necessary and not just trying to bring every plan to life.
- Thirdly and probably lastly, share your plans with your family or those you want to celebrate with as there might be room for them coming in financially to aid the situation and prevent you from the whole burden.
In my family for instance, we come together to plan excluding our parents, to know the important things we need to do for both Christmas and New year celebration and this will be like few months before December itself so that whatever plans and budget we arrive at, with everyone having their own share to bring to the table financially, there would still be months of preparation and saving up.
With these three small but mighty ideas of mine, I hope you are convinced and not confused on how to cut your coat according to your clothes (not size so you don't get shocked when your overdo brings you shortage of oblee)
I'll be dropping my 🖊️ here on the Hive Learners community prompt
Thanks for reading through 🤗
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