How to survive in January on a low budget.

[rachael9385]

Omor this talk enter my body because e done tay wen I view this kind of post and e make sense say nah here you first drop am because many of us know really know how to spend less.
As you see so, this January nah spending month because as the year just dey start a fresh many people house rents done expire and school fees too also dey one side, do if person no plan from now, em no go fit afford all this things this month of January.
Less spending dey make person save money from now to through out the year because reining season dey for front dey come, if person no start from now to plan, em no go fit meet up this year.

[Gormicsta]

I go say na to get your plan already setup for December against January wey be say people believe say e dey always hard, but if you don plan finish also save money for the January, you see say the month no go too hard for you because you don already put  for budget, you no spend carelessly for December.

[Gideon99]

OP you are on point but I must say, this aspect of spending lifestyle is amongst the youths and possibly those that are not yet married if i am not mistaken. Do you agree with me that there are some youth that are not married but the responsibility on them is like that of a.married man? I understand that expenses can be curtailed but in some situations, you can not run away from it because the more you grow the more demand comes up for you unless you choose to be single and like what they say stingy before you could be able to do away with much expenses and people not looking your way.

I agree with you 100 percent on this matter the youth spend much and without looking back or hoping for the future, this has become their lifestyle because of the less responsibility but those married people men and women they behave well because they have lots of responsibility on them to handle, no time for such all on how to keep the family going and planning for a better future for their kids.

[Jay-Jay247]

Greetings to everyone
Honestly speaking, I find this article and all the comments interesting because there's a lot to learn from this post and those who're not thinking straight will read through and ignore the details.

[Emmanuel1]

Actually,January is a month where people complained that is a hard month because of the spending from the December celebration, but to me January have never been a hard month because of planning. Because there is a saying that said, when you fail to plan, you are planning to fail. Let me drop one important idea on this;
*Good planning system: I mean not just planning but good planning system, because somebody can plan and the planning system is not good it will still fail, because if you put everything in planning, you and your family will live a better life entry the New Year.

[Mr. Allcrypto]

My brother spending na something wey you go jeed to do as a human being to meet up with your needs and wants, but most people dey spend lavishly and them no even get budget. Thanks for this topic, we fit apply the method for the remaining months of the year too, no be for only January...

[Penlex_Writer]

The topic sounded funny to me because every month is as difficult as January. Without prudence in your finance you will face challenges every month. The only reason why people believe that January is tough is because most individuals are carried away by Christmas fun and then spend more than necessary which leaves them with nothing by January
as the OP mention and as a salary earner, you will have to wait till January ending to earn. So, what the OP has said is not important in January alone but should be part of our month to month living.

[Darker45]

My brother spending na something wey you go jeed to do as a human being to meet up with your needs and wants, but most people dey spend lavishly and them no even get budget. Thanks for this topic, we fit apply the method for the remaining months of the year too, no be for only January...

I prefer to tell your sister not to spend too much money on something that may not be very important. Try to suggest saving money and collecting as much as possible because the economic conditions in our country are not good, so you have to be prepared for something bad that may come.

[Chilwell]

OP, thanks for sharing this wonderful knowledge with us, This is really going to be helpful, because as January is approaching, it's essential to create a realistic budget to manage expenses effectively. Prioritizing essential expenditures and minimizing unnecessary spending will help you allocate your resources wisely.

Given the current inflationary pressures in our country, it's crucial to be mindful of your spending habits. By doing so, you'll be able Save for future needs and uncertainties and you will be free from financial stress and difficulties.

[Nheer]

OP, thanks for sharing this wonderful knowledge with us, This is really going to be helpful, because as January is approaching, it's essential to create a realistic budget to manage expenses effectively. Prioritizing essential expenditures and minimizing unnecessary spending will help you allocate your resources wisely.

Given the current inflationary pressures in our country, it's crucial to be mindful of your spending habits. By doing so, you'll be able Save for future needs and uncertainties and you will be free from financial stress and difficulties.

If one is fully adapted and stick to this routine then every month will be lived in with ease and less spending. The routine isn’t bad at all with this alot of civil servant will be more productive and have much money after the month has ended and will be able to come up with better and bigger plans. This will also avoid many individuals from unnecessary spending and expenses, they will have a lot of income after receiving their monthly allowance.
It will really be helpful if we practice this kind activities, I know it will be very hard and tough for many individuals distancing from many things they have been doing their daily routine but with time we will get use to it.

[Penlex_Writer]

Greetings to you all, while I was reading through some educational materials on the internet today, I came across this article and after reading through it, I just felt it could be beneficial to someone here.

The joy and excitement of December festivities often leave us with fond memories but also an empty wallet as we step into the new year.

As we face the financial aftermath of holiday celebrations, it's crucial to adopt practical strategies to ensure a smooth transition into January without breaking the bank.

Here are some tried-and-true tips to help you survive the month on a low budget.

1. Head straight home after work: One effective way to cut down on unnecessary expenses is to resist the temptation of post-work outings. Instead of hitting the town or joining friends for dinner, consider heading straight home after work.

This simple change can significantly reduce your spending on entertainment, dining out, and impulsive purchases.

2. Create and stick to a budget: Drawing up a budget may seem like an obvious step, but it's often overlooked. Take the time to list your monthly expenses and allocate a specific amount to each category, including essentials like rent, groceries, and utilities.

By having a clear budget in place, you'll gain better control over your finances and be less likely to overspend.

3. Patronize public transportation: One of the major contributors to post-festivity financial strain is excessive spending on ride-sharing services like Bolt, Uber, Yango, and others.

Instead of relying solely on these convenient but costly options, consider using public transportation. Trotro (bus) is often more budget-friendly, and the savings can add up significantly over a month.

4. Minimize ride-sharing expenses: If public transportation isn't a feasible option for your daily commute, take steps to minimize ride-sharing costs. Carpooling with colleagues or friends can help distribute expenses, making the journey more affordable for everyone involved.

Additionally, explore ride-sharing alternatives that offer lower prices or discounts for regular users.

5. Embrace frugal living: Surviving on a low budget in January requires adopting a frugal mindset. Look for opportunities to cut costs in your daily life, such as cooking at home instead of dining out, exploring affordable entertainment options, and shopping for necessities during sales or with discounts.

By implementing these practical tips, you can set the stage for a more financially secure and stable new year.

If you have any other good tips that could help manage and survive on a low budget, you can share your ideas.

My Tips:

• Don't take up too much responsibility for your self. Progressively take up one at a time and don't take 2 or 5 at a time.
• Don't promise people (friends and family) money that you don't have. If you don't have the money to gift yet, kindly tell them that you don't have anything on you at the moment. Don't be too proud to say, "No, I don't have for now. "
  

I hope this helps.

so many people are carried away during the festive period,some one post a topic in the other forum concerning keeping record of money spent,you don't have to spend much by taking much of the responsibilties,you have to spend wisely because janaury is very slow and financial difficult.