By Kathleen Francisca
With Christmas approaching most people are looking forward to traveling whether it is to upcountry or a prestigious vacation, buying gifts then it all comes to an end when the “100 days of January “ arrive
Most people in January are found unprepared and broke so here are some tips to help you with your Njaanuary.
Paying your January essential bills
Pay for electricity, pay for water and other essential bills that you have.
If you have school-going children pay school fees and shop now so that you are prepared it is the commencing of a new year to buy the new uniform, bags, shoes, school books so that you do not spend that money in the merry celebrations.
Invest some money in lock savings account to be unlocked in January such as M-Shwari and KCB M-Pesa which unlocks the beginning of January so that you have something to land on.
Budget definitely you need a financial of how you will use money and allocate it to different things such as shopping, food, and travel expenses and have some self-control.
Avoid using Credit cards; loan applications and borrowing money basically leave within your means the percentage of un-repaid loans is already too high you don’t want the first months of the salary going to pay loans for “enjoyment” It becomes an unbreakable cycle that you start paying loans to take other loans
For those traveling for vacation purposes do research check the costs of booking directly, using an agent or agency but mostly using an agent is mostly cheaper?
Also research on the costs of traveling whether it is cheaper to use the bus, drive or fly to your location
Finally, something that most people do not want to hear you do have to take that Trip in December when it is high season try to save and take the trip in April or August when it still Holiday and low rate season meaning it is cheaper. It is less crowded, less the hassle and saves you money.