Your salary was paid you in the mid-week of December just so you could have a sound mind to celebrate Christmas. As a worker, you know that this salary will see you through not just December but the whole of January as well. And you also know that the month of January is the slowest and longest month of the year.
Unfortunately, you have spent half of your salary already on Christmas gifts for loved ones and also food items for the home.
There you are wondering the kind of miracle that could avail itself to you in January. Well, there can't be such miracles but these little steps could help you get back on your feet.
1. Immediately save 40 percent of what you have and spend the remaining 10 percent
What this means is that if you take home 1000 cedis as your monthly salary but have already spent 500 cedis this Christmas, you need to save at least 250 cedis as a matter of urgency. This amount of money should be able to at least help you survive the month ahead in a lean way.
2. Start thinking of selling unwanted gifts
Christmas is a season of giving and just like any other festive occasion, you are likely to receive so many gifts from friends and family.
Getting to know how broke you are likely to be in January, you might want to start considering selling some of these gifts that you deem unimportant. By this, you can use the proceeds to save into January.
3. Immediately consider part-time cleaning services or other jobs
We all know Christmas is a time of merry but in these times to do we have lots of mess and rubbish created. If you are that smart and money-conscious, you might want to venture into this avenue of wealth creation.
Washing bowls, doing laundry, weeding and so on are quick ways of recouping all the monies you wasted away during Christmas.
4. Insist on cash-gifts
After realizing how broke you will be in January, you might want to wise up in your dealings with friends and family who are so keen on surprising you with a Christmas gift. Make it known to them, in a jokingly but serious way that you would appreciate money as a gift for Christmas and you will be amazed the returns you will get from that, it works like magic!
In all these tips you must remember that wealth creation during the holiday season is all about thinking smart and living on a moderate budget.
Just like any other month, the merry month of December will definitely come to an end. This is why you need to plan and prioritize if indeed you are very broke already in December.
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