Do you want to make your money grow? Follow these tips

It’s a fact: at the end of the year, every day there are opportunities to spend in a completely different way from other months. And it is that the ExchangesTHE dinners and the coexistence with friends and family are much more common.

According to figures proposed by Statista, a little more than half of Mexicans will devote their prime on buying gifts, while more than 44 percent will spend it on the wedding dinner. Christmas.

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So that January does not become a costs and you can take care of all your commitmentsIt’s always good to consider some financial health practices that can help you stress less and enjoy more.

“We must analyze how finance During this period, do not let the pressure of offers lead you to consume items that you will not need, nor to spend beyond your monthly income just for the excitement of Christmas”, emphasize the experts of the platform of GoTrendier sales.

Plan your expenses

Although it is a Advice that must be followed throughout the year, it is particularly important to have a list of invoices essential and those that can be considered secondary or easily postponed.

“The basis of some healthy finances it is to have a well-planned budget, to organize your expenses this month, this will give you better visibility to know how you are going to distribute your money,” argue the spokespersons for the platform.

One way to do this is to create spreadsheets or do it in a notebook, where you can put more or less how much money you will allocate for gifts, dinners, engagements and other items and how many resources you will use in general. This will allow you to see these expenses concretely and analyze them a little more seriously.

Be careful with credit

A constant temptation is to use the credit card And personal loans to supplement the budget dedicated to gifts and other end-of-year commitments. However, this decision could leave you in debt for longer than desired.

“Don’t let him emotion If you win and use your card to pay for everything, remember it’s a loan and you’ll have to pay it back within a certain time frame, so what you buy needs to be backed by your future ability to pay.” , explain the experts.

The ideal will always be that you only spend what you have, because it gives you more financial security and, therefore, more peace of mind. But if you consider that you must use creditstake the time necessary to analyze everything they represent, from interest, terms and payments to closing with this debt.