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Topic: Avoid running into financial ruin this Christmas! (Read 1053 times)

hero member
Activity: 1792
Merit: 507
Christmas expenses are sometimes inevitable especially for some families that have inherited a lifelong tradition of large gatherings during this season though in recent years the pressure to please people has shimmered due to the current inflation, its always important to plan ahead and have a budget, spouse needs to agree together on their limits and also excerise discipline in their spending.
sometime we spend so much time and energy to make other people happy and forget in all this that we too are destroying our mental health while doing that.
In our society we indulged so much in other people affair that we forget that we have destroyed too much other person's life these festive gathering are sometime more damaging then we ever imagine
full member
Activity: 1050
Merit: 109
Christmas expenses are sometimes inevitable especially for some families that have inherited a lifelong tradition of large gatherings during this season though in recent years the pressure to please people has shimmered due to the current inflation, its always important to plan ahead and have a budget, spouse needs to agree together on their limits and also excerise discipline in their spending.
some people have a giving hand and they spend so much on other people. My mother is like this and at the end she has an empty purse.
I have seen people giving bad gifts to people and saving their money - Its better not to give to other but don't give your unused items to the people as a gift!
These kind of festivities and people comments make me a loner!
member
Activity: 104
Merit: 10
Steady grinding
Christmas expenses are sometimes inevitable especially for some families that have inherited a lifelong tradition of large gatherings during this season though in recent years the pressure to please people has shimmered due to the current inflation, its always important to plan ahead and have a budget, spouse needs to agree together on their limits and also excerise discipline in their spending.
hero member
Activity: 644
Merit: 544
You speak well as a man who understands how to manage resources for the future, and I understand what you are saying about spending money wisely during Christmas, which is very good advice because most people spend their money during Christmas and Christmas celebrations without thinking about what will happen at the end, which may be an emergency problem or any other problems, but as a wise man who knows what he is doing during the time will know how to lavish his resources.

I get your point but some people saved money for the whole year for Christmas so that they can celebrate so it would be okay as long as you still don't go broke after Christmas or new year's celebrations. I am from Asia and we really celebrate these holidays and we tend to save money from our salary just to give gifts on that day and that is really what we are doing since we are children. As long as you still have money then no problem at all. Also, I've noticed that some people are not now celebrating this due to the financial crisis which is the best move rather than having a loan just to celebrate this holiday.

Yes, it's a very good idea for someone to celebrate Christmas festival with lot joy and enjoyment like by eating, drinking and buy yourself good gifts because it is being celebrated once in year, but I think that should make someone buy unnecessary things, or even go ahead to carry loan to celebrate Christmas. So we should wise when spending this money doing any festival because the festival celebration will just be a day and nothing x. So think well so one day joy should not later lead to many months or many days sadness, always think wisely and  celebrate it whenever it come will little you can afford because that is not the end of life.
hero member
Activity: 2352
Merit: 593
You speak well as a man who understands how to manage resources for the future, and I understand what you are saying about spending money wisely during Christmas, which is very good advice because most people spend their money during Christmas and Christmas celebrations without thinking about what will happen at the end, which may be an emergency problem or any other problems, but as a wise man who knows what he is doing during the time will know how to lavish his resources.

I get your point but some people saved money for the whole year for Christmas so that they can celebrate so it would be okay as long as you still don't go broke after Christmas or new year's celebrations. I am from Asia and we really celebrate these holidays and we tend to save money from our salary just to give gifts on that day and that is really what we are doing since we are children. As long as you still have money then no problem at all. Also, I've noticed that some people are not now celebrating this due to the financial crisis which is the best move rather than having a loan just to celebrate this holiday.
sr. member
Activity: 504
Merit: 302
You speak well as a man who understands how to manage resources for the future, and I understand what you are saying about spending money wisely during Christmas, which is very good advice because most people spend their money during Christmas and Christmas celebrations without thinking about what will happen at the end, which may be an emergency problem or any other problems, but as a wise man who knows what he is doing during the time will know how to lavish his resources.
sr. member
Activity: 2226
Merit: 347
Saint Valentine's Day is approaching. I suggest either to start saving right now, to divorce or dump (but marry or find a second half after Feb 14 obligatory).
-----

Jokes aside. Whether it is Xmas, New Year, Bday or Valentine's Day - these are not reasons to go bankrupt. Remember, it is better to give present from heart, but not based on a price tag.

Bolded part which i do really agree into this word or piece of advise that it wouldnt really be that necessary for it to be an expensive one if you are trying out to gift someone but there are really times
which it cant really be avoided for you to do so because it did really become part of todays society on showing off on how much those things cost off if we do speak about presents which someone could
able to brag on.If you are really that someone whose tight on the budget then it would be just ideal that you should put up limitations on buying up things so that you wouldnt be finding
yourself to be broke later on.
hero member
Activity: 2842
Merit: 625
If you don't have money- you can keep your children happy - you cant buy gifts for your parents and you cant eat out  ... But its good to keep a balance and not to over spend especially in those tough times
You've missed the "can't" part on making your children happy. Let's deal with the reality of life that everyone need money and it's more frustrating if you can't provide for your family. Those people that don't believe that money can't buy happiness, that's what they believe to think of and respect to that.

But if you'll start to realize everything, you'll even be sadder if you can't provide for your family for which the basic thing you need to have is money so that you can buy everything that your family needs.

And that's why every season where it's known to buy gifts, there are people that are having the spirit of giving because they want to spread the happiness and kindness that they've felt from other people and they're living on it.

However, it's true that we're dealing with financial crisis through inflation and cutting of jobs since the pandemic and that's why some may think that spending through that isn't wise.
full member
Activity: 1050
Merit: 109

Some would be saying that money cant buy happiness and on the time where people do buy off things for their loved ones and even taking up a loan on doing that then they would  really be that feeling

satisfied or happy.Sensible act? For them its yes and they arent minding on the problems lies ahead specially on repaying those debts that you had gotten due to that kind of mindset on being generous on Christmas day.If you've been using your own savings then it should really be just small and not taking a huge slice overall.

If you arent that sensible towards your actions or just using up your awareness that money is important then you would be spending like mad.
I disagree - most of the time money is the material and material is brought from money
If you don't have money- you can keep your children happy - you cant buy gifts for your parents and you cant eat out  ... But its good to keep a balance and not to over spend especially in those tough times
sr. member
Activity: 1554
Merit: 260

I also detest taking out loans either from banks or from friends and family. Personally, I won’t turn to banks whenever or if at anytime I’m in a financial crisis. Then again, I try as much as I can to avoid whatever would lead me into financial ruin and trigger the action that would lead me to take a loan. Having Loans are never healthy for anybody’s finances.
I think taking out loans is like a tube of toothpaste. Extremely easy to take one out and very difficult to put it back in.
I think one should not go to banks for the loan - I was once looted in the name of investment and the scammer wanted me to take loan from the bank which I did.
Everyday I wish to slap him hard on his face. But I have left it to God for the justice. Life is so hard and we meet such horrible people everyday.
sr. member
Activity: 616
Merit: 274
It would be a bit difficult to bounce back in the second quarter of the year if you’ve overspent during the Christmas festive season and perhaps now taking out a loan in January. You would need to service the loans with the crazy interest rates.
Turning to friends for loans would also be difficult as they also would obviously have bills they would need to settle. Generally, money is seen to tight during the beginning of the year and with sound planning in play, we would go running to the banks to borrow funds after spending during the festive seasons.
We have to celebrate according to the funds we have because those involved in bank loans have to pay high interest, we have to work half a year just to pay off the loan. I don't like loans, even though friends give loans without having to pay interest without a payment deadline, for me loans are the most binding and I don't want my salary to be used to pay off loans. However, if there is an emergency when my economy is down, then I have to apply for a loan to anyone because of my priority needs and that of my family.

I also detest taking out loans either from banks or from friends and family. Personally, I won’t turn to banks whenever or if at anytime I’m in a financial crisis. Then again, I try as much as I can to avoid whatever would lead me into financial ruin and trigger the action that would lead me to take a loan. Having Loans are never healthy for anybody’s finances.
I think taking out loans is like a tube of toothpaste. Extremely easy to take one out and very difficult to put it back in.
hero member
Activity: 2282
Merit: 589
It would be a bit difficult to bounce back in the second quarter of the year if you’ve overspent during the Christmas festive season and perhaps now taking out a loan in January. You would need to service the loans with the crazy interest rates.
Turning to friends for loans would also be difficult as they also would obviously have bills they would need to settle. Generally, money is seen to tight during the beginning of the year and with sound planning in play, we would go running to the banks to borrow funds after spending during the festive seasons.
We have to celebrate according to the funds we have because those involved in bank loans have to pay high interest, we have to work half a year just to pay off the loan. I don't like loans, even though friends give loans without having to pay interest without a payment deadline, for me loans are the most binding and I don't want my salary to be used to pay off loans. However, if there is an emergency when my economy is down, then I have to apply for a loan to anyone because of my priority needs and that of my family.
sr. member
Activity: 616
Merit: 274
If anyone overspent during the holidays, they are currently feeling the heat everytime they check their bank accounts. For married people with young children in particular, this is important.
Given their current financial devastation as a result of their unwise decisions, some families may begin taking out loans in January. They would have to carry a great deal of the strain because they can no longer turn to friends for support. Nonetheless, with sound planning, they can bounce back before the second quarter of the year starts.

It would be a bit difficult to bounce back in the second quarter of the year if you’ve overspent during the Christmas festive season and perhaps now taking out a loan in January. You would need to service the loans with the crazy interest rates.
Turning to friends for loans would also be difficult as they also would obviously have bills they would need to settle. Generally, money is seen to tight during the beginning of the year and with sound planning in play, we would go running to the banks to borrow funds after spending during the festive seasons.
sr. member
Activity: 1288
Merit: 257
Chainjoes.com
one thing that is natural when shopping on holidays, and this is also carried out once a year and you can gather with your family, I think it's not only Christmas that people shop on religious holidays, all people on holidays always shop for their needs, and they have taking into account the budget they spend will not be over the existing funds
member
Activity: 549
Merit: 42
Saint Valentine's Day is approaching. I suggest either to start saving right now, to divorce or dump (but marry or find a second half after Feb 14 obligatory).


Jokes aside. Whether it is Xmas, New Year, Bday or Valentine's Day - these are not reasons to go bankrupt. Remember, it is better to give present from heart, but not based on a price tag.
sr. member
Activity: 1022
Merit: 368
If anyone overspent during the holidays, they are currently feeling the heat everytime they check their bank accounts. For married people with young children in particular, this is important.
Given their current financial devastation as a result of their unwise decisions, some families may begin taking out loans in January. They would have to carry a great deal of the strain because they can no longer turn to friends for support. Nonetheless, with sound planning, they can bounce back before the second quarter of the year starts.
legendary
Activity: 2338
Merit: 1775
So while having a good time with friends, family and loved ones during this festive season, please remember that January, with all its bills is around the corner.

A very merry Christmas everyone!!!

Had the worst Christmas in 30 years last year. 2 days before Christmas I got covid and had to stay home alone over the holidays. My parents are already old and I didn't want to risk them getting infected. While the whole holidays were kind of sad and lonely, watching bad movies online and eating canned food, it also had some advantages. I didn't have to give any presents to my family and will probably now keep them for this year. Giving presents a few weeks after Christmas seems wrong and like that I already have all the birthday presents for a whole tear. The second good thing is that I didn't gain any weight over Christmas, had almost no food at home and no sweets or biscuits. So financially this was a very good Christmas and I am not so worried about the bills coming in now.
that is so say to learn - hope you are feeling better.
The Covid and the cough has made the life miserable for the people. Even there is mild Covid we all are experiencing during this winter.
May God keep us safe during the  toughest time.
We are in winter and everywhere is cold and there are chances that this is the best time for COVID-19 to be easily spread even when the government had put in efforts to eradicate the COVID-19 virus finally. We need to stay safe and prevent ourselves from danger so that we will not be a victim of something that would take our lives.

Not joining parties can really save your life, and having your own small party can also save you and your wallet. Though COVID is not rampant right now as we are almost all vaccinated, we should not take it for granted because it can really spread easily. A small gathering, such as with nearby relatives or just your family, is preferable than those big parties. Though, due to the recession, the prices of food and items are still high, so it's best to save or only spend a few dollars as it's just a simple celebration.

I am not vaccinated against the Covid-19 virus, but I have been sick twice and have developed immunity.  

Partying has its perks....  

Coronavirus Covid-19 is not the only viral disease transmitted by airborne droplets.  There are also influenza virus, cold virus and other similar viruses.  Each year, all these viruses undergo significant mutations.  

Therefore, it is very useful when visiting a large crowd of people to acquaint your body with samples of these viruses.  It trains your immunity.  In this case, it is necessary to avoid getting a large portion of the virus into the body (this will inevitably lead to illness).  So be careful that people don't cough directly into your face.  

Parties also cost a lot of money, but socializing and entertaining reduces stress and is therefore good for health and wellness.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
In some extent some people do not spend their money wisely which is only few people that know that during a festival Pier road you have to spend and remain for investment so they are for those people that I have such understanding are the same people that we go back to festival. Which is another festival the period with a something potential
You want to tell us about how to wisely use money every day, right? It's not wrong to say that to everyone because being wise in using money is also the most important part in everyone's life and it can also help them when certain conditions or when conditions are in trouble.

But what is a barrier for some people to do this is about the size of the income they get every day, because when some people still make very little money every day. I think they will not look wise in using their money because it is not sufficient for their daily needs.
sr. member
Activity: 1372
Merit: 252
So while having a good time with friends, family and loved ones during this festive season, please remember that January, with all its bills is around the corner.

A very merry Christmas everyone!!!

Had the worst Christmas in 30 years last year. 2 days before Christmas I got covid and had to stay home alone over the holidays. My parents are already old and I didn't want to risk them getting infected. While the whole holidays were kind of sad and lonely, watching bad movies online and eating canned food, it also had some advantages. I didn't have to give any presents to my family and will probably now keep them for this year. Giving presents a few weeks after Christmas seems wrong and like that I already have all the birthday presents for a whole tear. The second good thing is that I didn't gain any weight over Christmas, had almost no food at home and no sweets or biscuits. So financially this was a very good Christmas and I am not so worried about the bills coming in now.
that is so say to learn - hope you are feeling better.
The Covid and the cough has made the life miserable for the people. Even there is mild Covid we all are experiencing during this winter.
May God keep us safe during the  toughest time.
We are in winter and everywhere is cold and there are chances that this is the best time for COVID-19 to be easily spread even when the government had put in efforts to eradicate the COVID-19 virus finally. We need to stay safe and prevent ourselves from danger so that we will not be a victim of something that would take our lives.

Not joining parties can really save your life, and having your own small party can also save you and your wallet. Though COVID is not rampant right now as we are almost all vaccinated, we should not take it for granted because it can really spread easily. A small gathering, such as with nearby relatives or just your family, is preferable than those big parties. Though, due to the recession, the prices of food and items are still high, so it's best to save or only spend a few dollars as it's just a simple celebration. 
Party events certainly require a lot of money so not having one is a good thing,
because that way at least what you should spend a lot of money on doesn't happen and can be diverted to other things that are more important,
what is clear is that all of these are choices so everyone has the right to make their own decisions.
hero member
Activity: 2352
Merit: 593
So while having a good time with friends, family and loved ones during this festive season, please remember that January, with all its bills is around the corner.

A very merry Christmas everyone!!!

Had the worst Christmas in 30 years last year. 2 days before Christmas I got covid and had to stay home alone over the holidays. My parents are already old and I didn't want to risk them getting infected. While the whole holidays were kind of sad and lonely, watching bad movies online and eating canned food, it also had some advantages. I didn't have to give any presents to my family and will probably now keep them for this year. Giving presents a few weeks after Christmas seems wrong and like that I already have all the birthday presents for a whole tear. The second good thing is that I didn't gain any weight over Christmas, had almost no food at home and no sweets or biscuits. So financially this was a very good Christmas and I am not so worried about the bills coming in now.
that is so say to learn - hope you are feeling better.
The Covid and the cough has made the life miserable for the people. Even there is mild Covid we all are experiencing during this winter.
May God keep us safe during the  toughest time.
We are in winter and everywhere is cold and there are chances that this is the best time for COVID-19 to be easily spread even when the government had put in efforts to eradicate the COVID-19 virus finally. We need to stay safe and prevent ourselves from danger so that we will not be a victim of something that would take our lives.

Not joining parties can really save your life, and having your own small party can also save you and your wallet. Though COVID is not rampant right now as we are almost all vaccinated, we should not take it for granted because it can really spread easily. A small gathering, such as with nearby relatives or just your family, is preferable than those big parties. Though, due to the recession, the prices of food and items are still high, so it's best to save or only spend a few dollars as it's just a simple celebration. 
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