Most of us will start the new year feeling like we have overindulged. Our bodies will show the effects of too many mince pies and festive drinking while our finances will be looking the worse for wear as we swiped our plastic one too many times.
Often the overspending and the resulting debt can make us feel so miserable that we tend to continue the eating and drinking spree, hoping to drown our sorrows. So for both our health and bank balances, let's make 2009 the year we start with a healthy balance sheet.
Appreciation
According to Linda Smith, financial coach and author of Financial Freedom Abundance Diary, the key to surviving the festive season is to have a positive attitude and a plan of action. The plan will enable you to make informed decisions about what you can and cannot spend this holiday.
By having a healthy and positive attitude, you will find that sticking to your budget will give you a sense of control and achievement rather than a feeling of despondency that you couldn't have it all. Smith says human nature is such that whether we have R10 000 or R50 000, we will always wish we had more money. Appreciating what you have is the first step to financial wellbeing and also reflects the spirit of this holiday season.
full story from M&G here
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