The Philippines is one of the countries that have the longest celebration of Christmas all over the world. And from September to the late days of January, they would often encounter a lot of various holiday sales. Some would buy decorations for their condo designs for a more festive ambiance with their bright Christmas lights and themed Christmas trees while some would take the opportunity to buy their loved one’s gifts that were on their wish lists. But as they enjoy these bazaars and stalls, it would often become detrimental as they would usually be overwhelmed with what is in front of them where spending their money becomes the way out of their control. In a span of these months of celebration, they ended up spending all of their Christmas bonuses empty-handed.
While it is true that there is nothing wrong if they spend money buying toys for their kids to enjoy, purchasing their cookware to improve their condo living, or getting new gadgets for their work, it is also good to be aware of how they spend their money while maintaining their regular lifestyle. But how should people spend their money amidst store sales everywhere? Below are some tips to avoid overspending during holiday sales.
Set a Budget
The said budget must be specific, measurable, achievable, realistic, and timely. This can be done by specifying the amount of money needed to spend during holidays and writing down transactions from the stores. In addition, an achievable and realistic budget for holiday sales is effective when the expectations of a person are already defined and delimited. Thus, at least be creative when creating a budget so it can be timely and relative to what is available yet trendy.
Be aware of how much they self-gift
As they receive their bonuses, it is okay to have a little present for themselves first just to show an appreciation of how much they have come before the year ends – “Self-Gifting” or people treating themselves. At least people should be aware of ample gifts for themselves so they can allocate their funds more with their other needs and priorities
Cut down “convenience consumables”
Some of the expenses that people do not notice are the “convenience costs” or “convenience consumables”. These are urgent expenses that are not considered on your initial budgeting but will make the process “more convenient” and “easier” per se. In the end, these convenience expenses make way more on other unnecessary purchases that might result in you being overwhelmed with the availability of chances with easier options. Hence, it is important to stick with your plan and avoid irrelevant items.
Preparing the gifts in advance
It is also okay to prepare your gifts as early as possible to have an idea of what is trending. Comparing prices will be an advantage when people get to prepare their gifts early. Some advise their recipient of gifts what presents they will be receiving so they can manage their expectations while at the same time working under their initial budget plan.
Tracking the expenses
Although some would not consider this as it makes them anxious with how much they spent, it is also important to be responsible for tracking not just with the holiday sale expenses but also with the daily basis expenses as well. If these people would follow their tracked budget diligently, there will be lesser chances of over-boarding with their expense threshold. It can be done by just listing on a simple piece of paper and just recording the items that were bought and compared with other items regularly with respect to your initial budget. In that way, people would get the idea of what costs less and what would be beneficial more.
Lastly, people should be creative in gift-giving. Especially for Filipinos, practicality should be a major factor in choosing gifts. Hence, they try to personalize some of their presents. After all, gifts are not just about how much money was spent on them but more of the idea that they were considered to be given.
Truly, there is nothing wrong with spending their hard-earned money. It is a remark what people have attained as they progress in life and career. And as part of the flourishment of their lifestyle, it is also a good thing to consider investing in their basic needs such as spaces and residences to live in. Good thing, there is Vista Residences offers ready-for-occupancy condominiums in various urban areas. Vista Residences provide a desirable living unit whereas modern living lifestyles are defined, available also on primary locations in Manila and other major urban districts in the metro.
Vista Residences, one of the leading condominium property providers here in the Philippines, has been serving a lot of fellow Filipinos prioritizing their security, comfort, and accessibility to their everyday living needs. With their wide range of users from young professionals, students, and families, Vista Residences is hinged with major community magnets such as various commercial establishments like malls and stores, institutions such as schools, and other social spaces such as parks.
Now, Vista Residences has been looking forward to their future developments and expansions up to mid-rise and high-rises such as condos in Manila, Quezon City, Mandaluyong, Ortigas, Baguio, Cebu, and Cagayan De Oro. In addition, Vista Residences has now in the process of developing its projects nationwide such as Morrison Heights (near UST-Manila), Sky Arts Manila Tower 2 (near Robinsons Place Manila), Encore, (near NAIA), Vista Shaw Tower 2 (Ortigas) and the Courtyard – Katherine Building (Taguig). Indeed, Vista Residences are assumed to be located in the heart of the city.
Vista Residences has been providing good quality of living through their residential spaces and units for many years now. Through its comfortability, Vista Residences makes sure that their lifestyle is holistically nurtured with their added amenities and leisure that Filipinos will surely love. Assured convenience provided with its strategic location, Vista Residences ensures quality living with nearby available utilities and needs through common community anchors and establishments. And as they continue providing a high-class condo living experience thru hassle-free transactions, Vista Residences are still looking forward to many more possibilities to make sure that your stay in your property is worthwhile.
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.