PRICELESS TAKE ONE!
JCMFanpage juancitymarket Vol. 9 No. 10 October 2019
Marikina City
Filipinos trend to overspend during the Holiday Season. However it will help a lot to have a comprehensive plan in place so you know exactly where your money is going. Here are 9 ways to trim your expenses without sacrificing the things and experiences we want to enjoy during the holidays. 1. Set a Holiday Budget. Prepare your budget before the onset of the main holidays and check it often to make sure you’re spending within your means. Don’t set a budget that’s too tight that will leave you without a little elbow room for last-minute purchases or enough cash for gifts. It also pays to remember other costs such as parties, travel expenses, charitable donations, and other holiday activities. If possible, add some money into your budget for unexpected costs.
2. Monitor Your Spending. Tracking your spending is in line with your holiday budget. Some people find it convenient to keep a separate Christmas fund in a dedicated bank account. Another way is to have spreadsheets to you can enter your actual expenses. 3. Cut Back on Extra Expenses. We are all guilty in some way or another of indulging a little more than we should spend during the holiday season. Be sure it’s really worth the price before you decide to treat yourself on a little “extra.” 4. Pooling Resources into the “Secret Santa” Experience. Putting your resources into a Secret Santa experience will surely help relieve some of the stress and financial burden of exchanging gifts with every member of your family. The to page 2