As we enter the new year, the joy and excitement of the December celebrations frequently leave us with empty pockets in addition to happy memories.


It's critical to implement sensible tactics as we deal with the financial fallout from the holidays to guarantee a seamless transition into January without going over budget.


Here are several tried-and-true low-cost survival strategies to get you through the month.


1. Leave the office and head directly home: Avoiding the lure of after-work excursions is one efficient method to reduce wasteful spending. Consider returning home right away from work after work rather than going out or going out to supper with friends.


Making this easy adjustment will help you spend much less on entertainment, eating out, and impulse purchases.



2. Establish and adhere to a budget: Although it might seem simple, creating a budget is a step that is frequently skipped. List all of your monthly expenses, including necessities like rent, groceries, and utilities, and assign a certain amount to each category.


You'll be less prone to overspend and have more control over your money if you have a clear budget in place.


3. Take public transit: Excessive spending on ride-sharing services like Bolt, Uber, Yango, and others is one of the main causes of post-festivity financial hardship.


Take public transport into consideration rather than depending exclusively on these affordable yet practical solutions. Trotro (bus) is frequently more affordable, and the monthly savings might add up to a substantial amount.




4. Reduce ride-sharing costs: If using public transit isn't an option for your everyday commute, consider reducing the fees associated with ride-sharing. Sharing a car with friends or coworkers can help split the cost of the trip, making it more cheap for all parties.




Investigate other ride-sharing options that provide regular users with discounts or cheaper costs.


5. Adopt a frugal perspective: Living on a tight budget in January necessitates a frugal mindset. Seek ways to reduce your everyday expenses, such as cooking at home rather than going out to eat, looking into reasonably priced entertainment options, and buying basics on sale or at a discount.


You may create the conditions for a more stable and financially secure new year by putting these helpful suggestions into practice.