December has finally come and everyone is preparing to flex it well. For those of you who have been planning to rock this December, travel and show them that you have landed, the opportunity has finally come. Them don pay salary and money don show. If you are yet to be paid for the month of November, don’t worry, we’ll be praying for you. And if you are an employer, please pay your employees. Pay them fair wages. Sha, pay them.
Some of you have have already written down your budget, some have started flexing this season already, some are still saving up for #DettyDecember and others are planning to dip their hands into their savings.
Whichever one you are, it is better to note now that in some organizations, they won’t pay December salary until the end of the month – which means no money until after Christmas. So if you want to do Detty December, now is the time to plan your just-gotten salary well. Remember we’ve been talking about this planning of your salary well; it is because we don’t want you to go from #DettyDecember to #JonzingJanuary.
This is also the best time to remind you that money has long legs and can run faster than a rabbit. So if you are still thinking that your salary is ‘so much’ and you can spend it anyhow, hehe, we laugh in ‘brokage’.
If you want to have a Detty December and still sleep peacefully without your heart doing gbimgbim because you’re owing your tailor or shoe dealer, then follow these tips:
First of all, determine what you want
December can be a very confusing month for many. From all the musical shows/concerts, the discounts, the yummy looking meals on restaurants’ Instagram pages and so on, it is very difficult not to want to attend them all. However, your pocket might not totally co-operate with you, so you need to decide which you want to go for. This should be done according to how much you currently earn/have. No go do pass yourself. Don’t go a-borrowing. So if there’s a Fireboy, Burna Boy, Wizkid or Rema concert and you know you don’t have money for all of them, then it is better to select the ones you can afford to attend. No be do or die affair.
Also, write a list of all the activities you want to do this December and how much they will cost.
…Then make a budget
There is always a higher chance of binge spending in December. That is why a ‘strict’ budget is very important. There are going to be discounts on items and you will get tempted to buy them all. If you’re not careful, you will finish your November and December salary on concerts and jewelry. You should always remember that if you finish your whole money in December, you will drink garri throughout January – and January has 60 days. So write that budget now, so you won’t enter gbese.
Can you afford what you’ve written in that budget?
If you are earning 100k and your Detty December budget is already 80k, there’s a problem -unless you have another source of income. If your budget is above your financial capacity, continue slashing it until you have a budget you can afford. We know you want to enjoy life, but it will be totally unwise to borrow money with the hope that you’ll return it when you get paid. More debts = many sleepless nights.
Don’t plan alone
You can have your Detty December with a group of friends, or even family. When you all come together to contribute for an outing, you split the bills and this reduces your financial burden. Now, if you have bougie friends who have high tastes that you cannot afford, it is better you pull out of the Detty December plan. Don’t try to please anybody.
Buy things early enough
You know how it is na, once Christmas is getting close, transportation fare and the prices of goods will begin to shoot up. If you’ve already written your budget, then it is better to start buying the non-perishable items now. Want to slay? Start buying your clothes and shoes and all. Waiting till the ‘last-minute’ will make you spend more.
Don’t touch your savings
There’s one voice that is telling you right now “shebi I still have 50k saved in my kolo, lemme goan break it jare, this life na one” – don’t listen to it! It is not prudent to dip your hands into your savings for a few hours/days of fun. If you saved towards that goal, it’s a different case. Don’t just finish your salary and still eat into your savings. Don’t enjoy now and suffer later.
Last Last, cut your coat according to your material
Don’t let anyone tension you this season. Let everyone run their race. If you cannot afford certain things, then turn your eyes the other way. Truth is, no one cares if you rock your Christmas or not, so there’s absolutely no need to compete. Are you broke? It’s not the end of the world. Drink your garri in peace, next year will be better.