The D-day is finally here! Merry Christmas to you all. We are in the heart of the season; there are lots of people already slaughtering cows around me since yesterday, the Christmas Eve. Some are killing goats and chickens, while some people can only afford ice fish or even cow skin, all for the season according to everyone's financial capabilities. The most important thing is to celebrate the season with your loved ones in love, sharing nice memories with whatever you can afford.
Having said that, it's vital to check our finances in the midst of the whole celebration. It's quite easy to be carried away with lots of fun in this season, and before you know it, you will spend beyond what you budgeted for those that understand the importance of budgeting. I remember blogging about Christmas and budgeting the other time. The place of budgeting is important as it will serve as a guide prior to swinging into the mood of Christmas. If one is disciplined enough and follows the allotted budget strictly, it will definitely help to a large extent in curtailing excessive spending associated with the spirit of Christmas.
I have heard stories of people having a rough start to the new year due to unplanned expenses during the festive season. This season is indeed the season of giving, sharing, and extending a helping hand to different people. However, it's important to watch your pocket and bills or project ahead prior to spending. I am not saying that we shouldn't spend this season; in fact, we can't escape it, but it's easier to spend with caution if you have a laid-out budget and follow it.
As for me, I sat down with my husband prior to traveling home for Christmas to plan our Christmas expenses. We first planned for my children's school fees and feeding to come next year in January and set it aside, then budget some money for our pending project so it doesn't suffer completion issues, and then budget for Christmas. So far, we have been spending here in our hometown, where we are celebrating the season and watching our budget. There are gifts we bought for in-laws and close relatives, coupled with other immediate family compulsory expenses, and once we reach our limit, we zip up to avoid borrowing come January. I am sure there are people we will say no to; we will attend to you next time, please, and it doesn't mean being stingy or not being generous to those around us. It only means being careful to avoid a tough start to the year in 2025. As long as I know, you can't solve everyone's financial problems, but definitely, it makes sense to put smiles on people's faces.
Wrapping up, the tactics explained above are the steps I have put in place to ensure that I don't go overboard with the celebrations but still make nice memories alongside.
This is my response to the #HiveLearners community contest on the topic titled, Check Your Finances.
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Christmas is highly related to finance and managing the finances is indeed very important otherwise we need to face the consequences of it. I think for temporary happiness we should not be impulsive.
Exactly....no need to be impulsive
Merry Christmas my friend
Hope you are enjoying the season π₯³
This are wonderful tips that will help during this season, we must prioritise what truely matter and lay down a plan that we'll stick to in order to not do more than we can afford and then face the consequences later.
Following these tactics is a necessity to avoid unnecessary drama
Merry Christmas to you Big Aunty.
I have locked up on spending for the rest of the year because I know how long January will be. I only up for more favors in the new year.
The place of budgeting in finance is very important and when one miss it, they have miss it like that.
Hahaha ππ. unlock π and do Christmas for Nkem oo π
πPlease don't let me
Wishing you and your loved ones a joyous and peaceful Christmas! πβ¨ May your holiday season be filled with love, laughter, and cherished moments. β€οΈπ Merry Christmas!
Amen ooo π₯³
Merry Christmas π to you and your family dear Nkemβ£οΈ
This season comes with a lot of expenses, too much to cope with if one is not very intentional about their spending. You have given great advice as to how to go about one's finances.
I do tell people January can be very long heheπ
Enjoy your holiday and stay blessed. !LUV
@nkemakonam89, @funshee(1/5) sent you LUV. | tools | discord | community | HiveWiki | <>< daily
Merry Christmas to you dear
It's necessary to stay guided
Enjoy the season π₯³
Thank you very much ππ₯°
My dear, your steps is the best. Planning ahead for January is one way to stay off the pressures that is likely to come with it. Children don't want to hear that there is no money or food for them.
Saying no does not make one a bad person though many misunderstand that and that's their problem.
I do wish you the blessings that comes with this season, Jesus Christ is the reason for the season. Cheers
That's it dear
Thanks for your warm feedback
π₯π₯
Please zip up oo π January is almost here and to avoid stories that touch, one has to be extra careful. Budgeting is key to managing finances and ensuring one has some left to survive on.
Lmao π€£π
I don zip up oo π€£
I agree that in times like this, it is certainly very important to manage finances because if we are not too careful in shopping, of course we do not realize that our finances will be thinner.
Yes...very much important
Thanks for visiting
This is the season to manage our finances; sometimes, we find ourselves being carried away by the celebrations of the season, thereby leading us to spend the unspendable.
Your tactics are nice and very easy to abide by. I'm gonna put them to practice as well.
Sure... getting carried away is very easy but with budget, it can be controlled a bit
Thanks for the curation
Priority, yes you got it.
Set the plan accordingly. What we see as just wants we need to let go so as to have a good life after the celebration.
Thanks for sharing