5 Ways to Enjoy the Festive Season Without Breaking Your Bank Account

3 min readNov 11, 2021

The festive season comes with mixed feelings. While on one hand people want to relax, celebrate and have fun, on the other hand, there’s the general concern over expenses and cost of living and to meet up with expectations from friends and family. More often than not, people tend to throw caution to the wind and go all out to enjoy the season with or without a financial plan. January becomes the longest month due to financial stress from debts and expenses incurred during the festive season. Interestingly, things don’t have to be this way.

In this article, we have highlighted five ways you can enjoy the festive season without breaking your bank account.

Set up a Realistic Budget: It’s actually a financial risk to enter the festive season without a plan. It’s safe to set an overall budget and divide it between your loved ones according to available funds. Don’t leave anything to chance. Make a list of the things you’ll buy for yourself and your loved ones. Ensure to include your regular monthly expenses, basic needs as well as entertainment.

Shop Early: There is often a rush and rise in demand for certain goods and services during the festive period. This leads to a hike in prices. To avoid spending more than usual it’s safe to start your shopping early. Don’t wait until the last minute to shop. As a matter of fact, if you draw up your budget on time, it will help you identify the things you would be needing and get them ahead of time.

Buy in bulk: Another way to save cost during the festive seasons is to buy in bulk. At this time, more people are open to group purchases hence you can team up with friends for bulk buys and share among yourselves. Also during the festive periods, lots of shops offer three gifts for the price of two. You can easily collaborate with friends and family to take advantage of such offers at discounted rates. You are sure to save money when you try this.

Avoid the Pressure of Spending Big: The mantra here is, “Be realistic — if you can’t afford it, don’t buy it”. During the festive season, most people tend to buy by impulse mostly in their bid to keep up with the Joneses. Truth is, you may not be so proud of yourself when January expenses set in for the new year and you are thrown off balance. To avoid breaking your bank account, it’s safe to practice healthy spending habits.

Start Saving for Christmas 2022 from January 2022: Although this may come off as being too forward or meticulous, research and experience proves that the best way to enjoy the festive season is when you plan for it ahead. Now picture this, imagine if you had started saving in the month of January and put some money aside every month until this very moment, would you feel any pressure entering into the new festive season? Rather, you will be more relaxed, organised and confident to enjoy the season without any financial stress on your bank account. Talking about financial planning and saving for the future, one platform comes to mind — BizVest.

BizVest allows you to save for targeted projects and events such as festive periods while you earn extra income. To learn more about how you can achieve your financial goals, save, plan, invest and earn extra income simply visit our website www.bizvest.co to get started.




BizVest is a platform where business owners can gradually save much needed funds to scale, while earning decent interest rates above the money market rates