Every time a new year begins, a list of resolutions unfolds. Exercising regularly and eating healthy are among the most popular. Saving or investing are other goals.
But the hangover of the Christmas and New Years holidays is often mixed with red numbers. How to overcome the January slope is a priority to survive and meet the objectives set.
More debt than income
If an excess of expenses over income has been verified, nor there is time for lamentations. Must be act quickly to definitively correct this erratic picture.
First, you have to stop spending the money you don't have. In the same way that a serious company plans expenses based on income, each person has to, with their personal finances, apply the same principle.
At the same time, you have to pay off debts. After having clear the real volume of income and the investment required to satisfy basic needs without deprivation, the following is plan the cancellation of liabilities.
Where possible, you should avoid asking for a loan to remedy this situation. Although it is a necessary measure in extreme cases and that serves to save time, it is nothing more than postponing the problem without solving it.
Winter discounts?
If it is about eliminating superfluous expenses, shopping just because it's discount season is not a good idea. Those who want to take advantage of the low winter prices, should plan it in January, but thinking about the following year.
How to overcome the hill in January as a family
It is not that those who have young children pass the problem on to their little ones. The important is teach the value of saving. Turning off electronic equipment that is not in use or the light bulb when going to sleep are everyday details that add up.
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