• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, September 12, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Tips For Financial Survival In January

by Bukola Aro-Lambo
8 months ago
in Feature
Reading Time: 3 mins read
Tips For Financial Survival In January
Share on WhatsAppShare on FacebookShare on XTelegram

The holidays are over and the longest month of the year is in its first trimester. For many, after all the partying and celebrations of the December holidays, they are drained not only mentally and physically, but also financially.

Advertisement

Thus, for most, January is a lean month. Even for businesses, activities tend to slow as consumer spending is mostly low. But the month of January is critical in determining the way the year tends to go as most make critical decisions during this period.

Here are some tips individuals and businesses can incorporate to be able to survive in the first 31 days of the year.

The first thing is making a realistic assessment of where one’s financial position is, the obligations to be paid and when they are to be paid.

The next step is creating a budget. One New Year’s resolution that everyone must make is budgeting. It is so easy to quickly spend more than one’s income, but budgeting and sticking to the budget helps to ensure that this does not happen.

The first thing anyone in need of a budget must do is look for ways to cut back. This can be difficult, but it is not impossible. Make a list of essential expenses such as rent, utilities, fuel amongst others. Important bills such as rent are the first to be settled. Set aside enough funds in the budget to cover these first, as well as any obligations and other bills.

After rent, set aside funds for essentials such as food, fuel, electricity. Only budget and buy what is needed, separate wants and needs. Delay non-essential purchases like dining out, new gadgets, or clothes and focus on buying only what’s necessary.

Also, because of the low sales, many stores tend to drop prices, take advantage of discounts for essentials to cut costs. Shop smart by looking for post-holiday sales and promotions and stock up on essentials like groceries when deals are available.

When running low on funds, a clean out can help trickle in the much needed cash. Old unused clothes, equipment and other items as well as unwanted Christmas presents can be sold online for extra cash.

RELATED

How To Buckle Up That Child

How To Buckle Up That Child

6 days ago
Love, Not Pressure: Why Your Partner Isn’t Your Provider Yet

Love, Not Pressure: Why Your Partner Isn’t Your Provider Yet

6 days ago

There is also a need to set aside some funds for emergency needs that may arise. Starting the year with a new resolution to save is also critical in January. Learning to save when resources are lean is a training wheel for those who do not know about saving. Start the habit of saving and investing in January and follow up all through the year.

Starting the year on a mentally stable note is as essential as financial stability. As many are setting new year resolutions and goals to chart a course of growth, it is essential to set realisitic goals. Start the year with achievable resolutions to avoid feeling overwhelmed and break larger goals into smaller, actionable steps.

Stay positive by focusing on gratitude by reflecting on the positives from the previous year and practice affirmations or mindfulness to maintain a healthy mindset.  Expanding circle of influence is another step to start the year with. Reach out to friends and family for support and social interaction and engage in group activities or volunteer to foster a sense of community.

Maintaining physical strength is also essential and not doing so can lead to health issues that may drain finances. Start the year by maintaining a healthy diet. Avoid indulging in too much comfort food after the holiday splurge.  Plan balanced, affordable meals using fresh and seasonal ingredients whilst staying within budget.

As physical activity helps improve mood and energy levels, go for daily walks, try yoga, or engage in simple home exercises. Prioritize sleep to recover from holiday fatigue and create a bedtime routine to help your body adjust to a regular schedule.

If overspending in December is becoming a yearly routine, January is the time to start saving for the next Detty December without putting too much pressure on the bank account. By planning ahead and taking small but intentional steps, January can be a fresh and fulfilling start to the year rather than a daunting challenge.

 

Join Our WhatsApp Channel

Tags: December holidaysFinancial SurvivalJanuary
SendShare10176Tweet6360Share
ADVERTISEMENT
Previous Post

Jemima: Succeeding In Catering, Event Planning Services Through Handwork, Divine Guidance

Next Post

Senator Barau Receives Gov Yusuf’s Ex-Commissioner To Kano APC

Bukola Aro-Lambo

Bukola Aro-Lambo

You May Like

How To Buckle Up That Child
Feature

How To Buckle Up That Child

2025/09/06
Love, Not Pressure: Why Your Partner Isn’t Your Provider Yet
Feature

Love, Not Pressure: Why Your Partner Isn’t Your Provider Yet

2025/09/06
Idowu: Surviving In Painting, Sculpture Industry Through Tenacity
Feature

Idowu: Surviving In Painting, Sculpture Industry Through Tenacity

2025/09/06
Grace In The Grind: Thriving As A Single Parent
Feature

Grace In The Grind: Thriving As A Single Parent

2025/09/06
Trading In Back To School Items As Schools Near Resumption
Education

Trading In Back To School Items As Schools Near Resumption

2025/09/06
Unraveling Marburg Virus Disease, A Rare But Deadly Threat
Health

Unraveling Marburg Virus Disease, A Rare But Deadly Threat

2025/09/06
Leadership Conference advertisement

LATEST

Dangote Refinery Begins Direct Petrol Supply Monday

‘INEC Has Done Its Job, No Factions In ADC’, Kenneth Okonkwo Tells Kachikwu

Team Nigeria Aims For Medal Glory As 2025 World Athletics Championships Begin In Tokyo

Trump Fumes As Ex-Brazil’s President Receives 27–yr Prison Sentence

JUST-IN: Resident Doctors Begin Nationwide Strike As Government Fails To Meet Demands

‘Food Prices Have Crashed’, Agric Minister Speaks On Tinubu’s Emergency Interventions

Oil Workers Threaten Strike Resumption

NUPRC Hailed On Transparency, Efficiency In Petroleum Regulation

NABTEB Releases 2025 Results, Surpasses Previous Year’s Enrolment By 37%

Leo Stan Ekeh, Others For Change Management Conference

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.