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Financial Change Doesn’t Have To Wait For New Year

December 9, 2016 by Andrew Reilly Leave a Comment

Financial Change Doesn't Have To Wait For New Year

With Halloween out of the way, we are hurtling towards Christmas and it is fair to say that many people are getting excited. This time of year is a massive thing for many people, and it can be the best time of year if you get to socialise with friends, family members and loved ones. There are many reasons why so many people look forward to the festive period and everything that goes along with it.

There is also the fact that New Year follows swiftly on from Christmas and this is also a time of year that a lot of people look forward to. There can be a great deal of excitement around a party at the Bells but there is also the fact that many people believe that a New Year wipes the slate clean and allows a lot of people to start again. If there are things in your life that are now the way you want them to be, the New Year gives you a chance to face them head on and make changes. So many people make resolutions at this time of year and if you are keen to try something new or have a different outlook on life, you’ll find that you are far from alone.

Some of the most popular New Year Resolutions include:

  • Losing weight and trying to lead a healthier and fitter lifestyle
  • Being more optimistic about what life offers or throws at you
  • Saving money or reducing the way that you spend money in a reckless manner
  • Being more committed to your work or career
  • Giving up drinking, smoking or any other bad habit that you have in life
  • Trying harder in a relationship or looking for your next love

These are all fantastic ways to make more of your life and you can see why making these changes will ultimately help you to make more out of life. Of course, you need to ask yourself if these things are important, why are you waiting until New Year to make these changes. Yes, there is the notion that the 1st of January represents a fresh dawn and a chance to reset your life but honestly, every second of every minute of every day should provide you with this opportunity. Whatever has happened in the past has finished and with every second you have a chance to move forward.

Take control of your finances today

If you want to take control of your finances, don’t wait until the January the 1st. Do it today. Do it now.

A lot of people don’t like taking this action because it can be difficult and it may force people to examine themselves and their behaviour. You may not actually want to know just how much money you spend each month but when it comes to improving your finances, it is a vital step that you have to take. This is paramount to moving forward and creating a budget is one of the most important steps you can take in your life.

Make a plan and then stick to it

Once you have your plan, you need to stick to it. This is often down to willpower and a lot of people find willpower easier to come by than others. That is human nature but no matter how weak-willed you think you are, there will be ways for you to improve, you may just need a helping hand.

It could be that calling on friends or family members for support will give you a push in the right direction. If you are looking to lose weight or be healthier, a lot of people find it helps to work out with someone else.

It could be that if you want to improve your finances, doing it alongside other people will help you to achieve your aims and goals. It may even be a friend or family member supporting you as a guarantor can make all the difference in taking positive steps forward in your life.

By consolidating your debts, you place a greater level of focus on your debt and you may be able to take stronger control of your finances. This is definitely something that will be of benefit when it comes to being happy with your finances in 2017. You don’t need to wait for the New Year to improve your finances. In fact, if you take steps now, you may find your finances will be a lot brighter come the next year.

Filed Under: Finance Tagged With: 2017, bills, christmas, credit, debt, finance, guarantor loan, loans, money, new year, plan, resolution

Get A Grip On Debt Before Christmas

December 9, 2016 by Andrew Reilly Leave a Comment

Get A Grip On Debt Before Christmas

As soon as Halloween is over, people start to look forward to Christmas. Okay, there will be some people who never stop thinking about the festive period or who get into the Christmas spirit long before any sane person would say was acceptable but this is definitely the turning point of the year for the festive market. Guy Fawkes Night may delay some people but on the whole, as soon as the door has been closed on the trick or treaters, it is full steam ahead to Christmas.

While it is good to think about festive fun and spending time with friends, family and loved ones, for many people, Christmas can be an expensive time of year. This isn’t what Christmas is about but there are so many demands and expectations around this time of year that it is inevitable that people will spend money that they don’t have spare, or don’t have at all. It is vital that you get a grip on debt before Christmas and that you don’t allow the festive period to put a dampener on your New Year.

Always consider your finances before the festive period

One of the first things you must do before you start looking forward to Christmas is to consider your own finances. There is a great deal to be said for drawing up a budget and knowing how much money you are looking to spend on people. Being clinical may take some of the fun out of the festive period for a lot of people but if you are looking to do Christmas right without placing yourself under too much financial pressure, you need to be prepared.

Work out how much money you have to spare and then determine what you need to buy. This may relate to presents or decorations, socialising, new clothes or makeup but whatever you need to create the best possible festive period, make sure that you take the time to know what you can afford to do. Yes, this isn’t quite in keeping with the festive spirit but it will certainly allow you to have a more enjoyable and solvent New Year if you take these steps.

Some things you may want to consider in the run up to Christmas:

  • Presents
  • Food
  • Socialising
  • Cost of office parties and celebrations with friends
  • New clothes
  • Hair and make-up costs
  • Taxis or even hotels around celebrations

You may only think that the cost of presents are a part of Christmas but there are many more things to take on board when it comes to the festive period. Being honest with yourself with respect to your expected spending will help you to stay on top of matters.

Don’t opt for a plastic Christmas

You also need to ask yourself whether credit card spending is suitable for you in the lead up to the festive season. A lot of people fall into the habit of putting their festive spending on plastic. This may allow for a brilliant time at Christmas but come January when the bills roll in, there will be a lot of people feeling stressed. The short term gain of a good festive season isn’t worth a lot of lot of stress and hassle in the longer term.

Again, you should look to be honest with yourself about your spending, your finances and your debt. You should be looking for solutions that will allow you to have a fantastic festive period without placing yourself under more pressure in the months to follow.

It may even be that you decide to be proactive when it comes to finances and controlling your debt. One solution that many people opt for is debt consolidation and you will have a chance to take control of your finances when you take out a guarantor loan. This is a brilliant way to consolidate all of your debts and then focus on a singular payment every month.

When you know that the festive period is a short period and the most important things are family, friends and spending quality time with the people you love, you’ll realise that it becomes a lot easier to plan for the most important things. You should never take out a guarantor loan to pay for Christmas unless you know exactly how it will all be paid for.

It is possible to enjoy Christmas in a comfortable manner but it will take some planning and honesty.

Filed Under: Finance Tagged With: budget, cash, christmas, consolidation, credit, debt, demands, expectations, finance, guarantor loan, loans, money, spending

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