The festive season is upon us, and with it comes the temptation to splurge on gifts, decorations, and indulgent treats.
While it’s natural to want to celebrate and show loved ones we care, it’s essential to be mindful of our finances during this time.
Overspending can lead to financial stress, debt, and a bleak start to the new year.
Before you start shopping, determine how much you can afford to spend. Make a list of all your expenses, including gifts, decorations, and entertainment. Be realistic and prioritise your spending. Remember, it’s the thought that counts, not the price tag.
Avoid impulse buying by making a list of the people you need to buy gifts for and what you want to get them. Consider making home-made gifts or experiences, like baking…