Financial discipline in the month of January and February

Many families find themselves in a state of confusion because they lacked to plan ahead of time, or simply put, budget upfront.

 

Without making expenditure budget, it is usually not easy to deal with expenses that come with the month of January. Apart from food, parents have to pay school fees for their kids who are joining school for the first time, form one or campus.

 

This planning, according to financial experts, must be done four months to January so that to give you enough time to spare and prepare.

 

Make sure the planning is done in order of priority. This can't be overemphasized. Give the most important items first a priority and move down the list in that order so that you can avoid the trapping mixup.

 

Last but not quite least, make sure you have a well-balanced budget that takes care of everything you may want to have at the start of the year.

 

Word of advice, avoid impulse buying always and you will never regret wasting money on unnecessary stuff in your life.

By Kiwanga