How to face the post-holiday budget crunch?
With the holidays, the New Year, family and friends constantly hanging around the house and proposing empty-pocket plans, it is normal that there is no time to save or organize your finances.
This phenomenon that happens at the end of December and throughout January, that suffocates the domestic economy, is known as the January slope.
Luckily, we offer you a few tips to make this slope less steep.
Make a budget
The first advice whenever you want to save is make a budget. Being aware of what your essential expenses are and making a list of what you want to save for, it will be much easier to control both necessary and unnecessary expenses.
Once you have identified what you can cut or what you can even do without, readjust your expenses. Also, if the Christmas gifts have plunged you into the odd debt, prioritize the payment of these to avoid interest later.
Another way to focus on savings is by automating them through your bank's mobile application: at the beginning of each month (or whenever you decide) the amount to be allocated to each savings plan will be drawn and automatically entered into these “piggy banks”. Thus, it will be much easier to save and avoid spending money what do you need.
Within your budget you can also include a emergency fund to which to add money little by little and some other small long-term investment that can help you financially (stocks, cryptocurrencies ...)
Take advantage of the sales and save
With the sale period starting on January 3, it is very easy to be tempted to spend and consume improperly. Avoid whimsMake a list of the things you really need and if after a time of maturing the idea you still need that product, buy it.
At BeZen, we make it easy for you to invest in quality and sustainable mattresses with our sales throughout the web.
Review your energy plan It is another very good way to know how much you spend and better yet, how you can save. The rise in light and the need to turn on the heating due to the cold are very bad for your pocket.
What can I do from home?
Don't worry, we also bring you some everyday solution for this problem. Spinning with rising energy prices, you can start with turn off the devices you are not usingor and turn on household appliances such as washing machines or dishwashers at the cheapest hours. Ventilate the house room by roomn and for no more than 10 minutes to avoid generating drafts that cool your home. It is always necessary to ventilate, and more in these times, but it must be done carefully so as not to have to turn on the heating immediately afterwards.
The Thermal insulation Textiles are also very good in these cases: quality curtains, rugs so you don't have cold feet, and fabric door stops, preventing cold air from seeping through the gaps.
Say no (or at least reconsider) to away from home plans. Between the happy pandemic, the cold outside and how expensive some plans are, many times it is better stay with family and friends at home, relaxed. Not only is it the wisest thing to do right now, but it's also the most economical.