The holiday season is fast passing by, and it’s already reaching deep in many of our pockets. January is a very lean month indeed for most families, and sometimes the extravagance of the end of the year can leave finances dangerously drained. So, while you take the time to build your finances back up, what can you do to better cope with the freeze on your funding?
Out with the old
If you need a little extra cash to help you get things back to normal, why not start by looking at all those gifts you received? That’s not a suggestion to sell the most beloved presents you got, however. Beyond getting returns to gifts that didn’t quite hit the mark, consider looking at what old possessions have been outdated and replaced, and find some of the online marketplaces recommended by Salehoo to get rid of them. You will not only get yourself a few extra bucks, but you’ll save space and have much less clutter to deal with, as well.
Curb your impulses
Now is the time for discipline, so it’s time to take a good hard look at your impulsive side and stop buying when it’s not necessary. For one, you should be cleverer with your shopping. When going grocery shopping, make sure you prepare a list of absolutely everything you need. In turn, this makes it much less likely that you’re going to forget something. When we go to the store to buy something we forget, we often end up spending more money on things we don’t need. For bigger purchases, it’s a good idea to give yourself a night to think it over and to consider whether you truly need it before paying for it. It’s still going to be there tomorrow and if you’ve changed your mind or forgotten it, you clearly didn’t need it that much in the first place.
The art of the deal
For those purchases you do need, make sure you’re taking advantage of how advantageous the market can be. January sales are all-encompassing and very, very cost-cutting, thanks to seasonal stock that hasn’t shifted and a large amount of returns flooding back into the market. But it’s worth taking the time to save on the fixed costs that you pay more regularly, too. Coupons from sites like Verizon Wireless @DontPayFull can help you cut down your regular bills a great deal. January is also a great time to call service providers and negotiate a new deal, or find a competitor to switch to that offers more bang for your buck.
Avoid the literal freeze, too
It should be no surprise that our fuel bills tend to have the most dramatic jump of them all in the Winter months, but there are plenty of ways to cut your energy bill without leaving yourself at the mercy of the cold. Turn off the kitchen and bathroom fans when they’re not necessary, as they tend to suck out a lot of hot air. Dress and decorate more warmly. Tune up your furnace or heat pump and clear out heating ducts and ventilation to make everything operate more efficiently.
The next time that December rolls around, it’s better to be prepared. Start budgeting now for a more affordable and well-funded Christmas so that next January doesn’t prove as trying as this one.