We are in December and it's considered the festive season where people tend to spend more of their money in this time throughout the year. This is also the time of the year where we get all those super juicy Christmas discounts for those that love shopping. If you're a parent, you might be buying gifts for your children for Christmas provided you are celebrating this holiday. Besides that, there's probably a lot of parties and events to attend. In addition to that, there are a lot of people that tend to take their vacation days during this time to spend time with family or go vacationing somewhere. All this will cost money.
Fortunately for me, most of the above isn't an issue for me. I consider myself to be very frugal as I won't really spend much money. I will only spend on things that I need like food for example. I do tend to spend a bit more on food since I like to eat good food which sometimes tend to be a bit more pricy but other than that I didn't spend much. I'm a guy so I don't need to spend a lot of money on makeup, clothes, shoes, bags etc. Not to bash on women but they do tend to spend more money when it comes to shopping and stuff. Aside from that, I'm fine with my set of clothes and some I've been wearing fine for a few years already but I may look to get new clothes after making money from the coming bull run. Even if I bought clothes, I'm not the type that would need luxury branded clothes. I'd be fine with anything that fit well and looked good.
I think the best tip I can give to avoid overspending is to keep cash. I know a lot of people use card and e-wallets to pay now but I feel those can go out of control as it may not hurt as much when the money is digital. I feel keeping cash makes me more physically aware of my budget and not only that but it hurts after spending it because it's like dang there goes another 20 bucks. Of course, lately there are cases where some shops or restaurants are cashless and I will have to resort to using a card or e-wallet to make payment. For these situations, I will try to avoid spending too much and keep a mental note in my head.
I'm not saying to not spend money but spend it wisely and responsibly. Don't get out of control and buy a bunch of alcohol or go gambling at casinos. Set a reasonable budget for entertainment, food, shopping etc and there should be no problems with overspending in the month of December. I genuinely hope everyone has a great end of the year. Have a good Christmas and New Years. 2024 is coming and I feel this will be a great year for Crypto and for the world in general. Do feel free to comment below on what you think of my tip for keeping cash as a reminder of how much money is being spent.