It’s beginning to look a lot like Christmas.
The Christmas trees in town are up, and the lights have been turned on.
The work Christmas parties are happening, and we’ll be getting paid earlier than in any other month!
It is such a help isn’t it? Being paid early. It means that we can buy the rest of our christmas presents, get ourselves some new outfits and go to all the parties!
Hang on, what will we live on in January?
It is easy to forget that by getting paid early, and spending more money than in any other month, we will have less to live on for a longer period of time.
They say that January is the most depressing month for many people, for a variety of reasons.
We have a nice joyous time over Christmas, with family, friends, the dog, and then January hits.
We go back to work, with a long stretch until we get paid and the bills roll in. And it’s so dark, and cold (you know how I feel about winter).
It doesnt have to be like this!
You may not have the biggest budget, but that’s all the more reason to make January a little easier for yourself.
Don’t touch your December pay until your usual pay date I feel you narrowing your eyes at me but you can do it, you do it every other month.
Plan your Christmas budget well ahead
Work out how much you can afford to spend on presents, and other things like groceries, cabs, socialising and then put that aside.
Don’t panic buy, whether this be presents, christmas food or or a Christmas jumper.
Do you know how much we waste over Christmas? ‘Tis The Season To Be Wasteful
For present buying, make a list and buy with a recipient in mind.
Return things you don’t need If you buy a present you are not sure about, return it. Over the Christmas shopping period, most stores here in the UK offer a longer return period so there is no excuse.
Don’t spend money on pricey wrapping paper, gift bags and tags
You can buy them in discount stores for much less.
Tip: For next year, buy them in January, you’ll kick yourself when you see much they knock the price down to clear stock.
Do be mindful that wherever you buy them from, it is all disposable so it is a waste and ultimately a cost to the environment.
Something I do is re-use any gift bags I get given presents in. Hopefully my recipients do the same to reduce waste.
Limit present buying and consider whether you need to buy a present for every one you usually buy for. If money is a little tight maybe just focus on the children in your life.
Or between your siblings, other family or friends you could do secret Santa and agree a suitable amount to spend.
These are just a few of the ways you can make your money last until the the end of January, which should result in a better start to the new year.
Start as you mean to go on.