The festive season can be a pricey one. With gift buying for family and friends, Christmas parties to attend and outfits to purchase it’s the time of year where money can disappear, and budgets go out of the window.
It is important to establish a clear budget. Don’t leave it all until December, spread the cost of presents and buying over a couple of months so it doesn’t impact your budget too much. Be sure to cut down on non-essential costs. Where dining out may be included in your budget normally, factor in the festive costs and reduce eating out and swap in gifts etc.
Celebrate New Year’s Eve without breaking the bank by opting for budget friendly alternatives, not the big night out you are used to but why not host a games night or dinner where friends contribute dishes, reducing the financial burden of preparing an entire feast yourself!
On the lead up to Christmas be proactive in seeking out discounts and deals, this is the best way to save the pennies. Remember to stay committed to your savings plan.
As the clock strikes midnight on New Year’s Eve, raise a toast to your dedication and financial discipline. The dream of becoming a first time homeowner is within reach!
