Essential tips to spend your December bonus wisely and avoid financial stress in the new year.
Many people will be getting their bonuses this month and while this may sound exciting, it’s important to use the money wisely.
December is known as a “lifestyle” in South Africa because of the joyous and celebratory mood amongst our people.You deserve a treat after a long year, but that doesn’t mean you should spend all your money in one go. Set aside 10-20% of your bonus for something special.The key is balance: enjoy the moment but avoid spending beyond your means. A planned treat is far more satisfying than impulse splurges that lead to regret.Starting a new year with a huge financial load is daunting.
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