The Christmas season is both a great source of joy and, admittedly, stress—especially for city dwellers who try their best to keep up with the demands of the season. Christmas in the Philippines means a flurry of happy reunions not just with the family, but with as many friends and people you want to keep in touch with.
Restaurants are filled with diners, malls compete for consumers’ attention with holiday sales, and business is booming for virtually all industries.
As a result, many people rack up an incredible amount of debt while trying to score the best finds for everyone on their Christmas lists. Many consumers face a ton of payables once January rolls in and get quite surprised to see the amount reflected in their credit card statements after all the purchases they have amassed.
Are you one of those people who suddenly forgo seriously following their savings plan during the holidays? Let’s discuss how you can still exude the spirit of joy and giving while still being mindful about how to spend your hard-earned pay.
Enjoy the holidays without racking up debt
Being money wise this season will be extremely beneficial to you, your family, and everyone who depends on you. Maintaining your savings is essential, no matter the season, so that you can be prepared for life’s many twists and turns. Keep your head in the game, and never forget your long-term goals. Here’s how you can enjoy the Christmas season without having to drain your bank account.