Good times rolled all through the holidays, you enjoyed the summer sun, music, braaivleis and celebrations… Mara now it’s back to reality.
You did the most during ibig days and your December salary hasn’t stretched as far as you thought it would. Now the January expenses have you stressing about the next few weeks.
Don’t let the Januworry pinch get to you, we have a few hacks to help you survive it.
Assess the holiday damage
Eish! This is going to be a painful exercise but a reality check is the first step to sorting out your finances. Look at your bank statements to see how much you spent over the holidays. Once you have an idea of what your finances look like, you can take steps to come right with your overspending.
Now you know where you stand financially, draw up a list of all your financial responsibilities and decide how you’re going to cover them without taking on debt. Getting credit to cover your expenses will lead to more financial stress in the long run. Keep it to the bare minimum, it’s Januworry so #luxuriesmustfall, you can treat yourself after the next payday. And yes, that flat white from your fave corner café is a luxury – just saying.
You’ll need to be extra financially savvy this month so stop all unnecessary spending and avoid borrowing money from anyone. Yes, that smallanyana loan will help you through Januworry, but it’s going to put more pressure on you at the beginning of next month. Leave the cards at home and use cash. You don’t physically see the money leaving your wallet when swiping so it’s harder to keep track of your spending.
Clear out the garage, sell some stuff on OLX for free, and make some cash for your Januworry expenses. We all have stuff we don’t use that we can trade for some moola. If you haven’t used it in the past six months chances are you won’t use it any time soon. Someone else will appreciate and pay you good money for it.
Make do with what you have
Raid the pantry and fridge so you can star in your own version of My Kitchen Rules and try out some new recipes. Instead of going out for dinner, cook meals as a family or have a bring and braai with your chommies. You should also pack your own chow for work instead of going to the cafeteria or popping into the closest convenience store. Yes, it’s a little more of an effort, but you will save money and there’s nothing wrong with a good old cheese and tomato sarmie!
Stay home and entertain the family
A good DVD and snacks can keep the whole family entertained at a fraction of what it costs to go to the movies. You can also haul out the board games and have a games night, you already have the resources at home. It’s time to bond and provide the family with hours of free entertainment.
Back to school
The back-to-school crunch is unavoidable and sometimes contributes to the Januworry blues. Hopefully you planned ahead and paid off some expenses in December. If money is short, find out what must be paid now, and what can wait until the end of the month. If your kids need new school clothes and textbooks, look at good-as-new uniforms and textbooks available on OLX that won’t break the bank. You might be able to get sorted there at a fraction of the cost.
OLX has your back, give our tips a try and face Januworry like a boss. You still have time to turn things around and start the year off on a positive note.