My daughter once said to me, “mum I think ? you should take your own advice…” Ring a bell? ?
Well, I wanted to share 10 ways to spend insensibly at #christmas! And lists some of the excuses we make. Written by the lovely, Grace Kinuthia
10 ways to ensure you go broke after Christmas!
- Uneven spending.
a. Your account can handle unplanned spending, I’m sure. I need to think and spend evenly on different people but that takes some calculating and Christmas is almost over so I’ll definitely be fine!
- Not planning gifts for different people.
a. Christmas shopping for the family is awesome, so I’m positive my friends would love it also; I just think I’ll improvise as I go along because I definitely need to get everyone something new.
- Not researching or looking for savings.
a. I haven’t looked online or in store for upcoming deals yet but if I go looking two days before I’m certain I’ll find a great offer; Including foods.
- Not budgeting or planning.
a. Payday was last week so I don’t need to fuss, I’m entirely it’ll last enough until January. I’ll just have to live on my spare change until then.
- Not Analysing your personal financial situation honestly.
a. Honesty is the best policy but it’s also draining and not as exciting if I have to cut costs.
- Not banning unnecessary presents.
a. I know my siblings would like some new games or even a new phone. I need some new games too or some expensive art from my favourite artist, it may take a while to be delivered but that’s why the delivery cost is always a bit too much.
- Not booking travels in advance.
a. Train tickets need to be bought some weeks in advance because travel restrictions apply from the 23rd Dec onwards, through and outside London.
- Not making a list and using savings to avoid credit card debt.
a. I can pay it back later and maybe ask for help with costs? It’s my account but I’m perhaps someone is willing to help. Otherwise, why did I buy everyone presents?
- Not checking if you really need it?
a. Of course, you do! I know your wardrobe needs more coats and this new winter season needs a festive shoe collection. I’m sure it’ll add up later, I’ll be fine because I look good.
- Thinking many nights out will be “relieving.”
a. I may have nothing left but my credit card will cover me, I need this night out. I’m low on finance so I’ll avoid major food shopping for myself and get some drinks and have a good time.
Let me know what you think in the comments below…?