Don’t fall into trap of overspending blues
Tips to help you cope at this time of the year.
Ask yourself whether you are directing enough towards your future and if you have any debt ask yourself if it is under control.You can maximize your windfall by allocating a portion to pay off some of your outstanding debts if any.
Buy only those gifts that don’t cost the earth but last,according to survey conducted by Deloitte, there was a indication that most of the gifts are in cash, followed by the gift vouchers for both men and women.If your culture or religion or faith encourages gifts giving over festive season, consider alternatives to expensive and often undesired consumables.Consider opening an investment such as unit trust or tax-free savings account.This type of gift has a potential to open up future opportunities
Be aware the festive season spending cues.Being aware of subtle influences can help when everything around you is pushing you to spend.
Adopt saving mentality.We are all human and festive season spending can get to even the most disciplined ones