5 Tips on Tight Budget Holidays This Christmas Season 2017 Philippines

What’s up Guys!

Christmas is in the Air and you might be thinking what you should do in order to save money this coming holidays.

Truth be told, this is the first time I would do a holiday article about how to use your money and ofcourse, invest. But then again, people spend so much money with frivolous things on holidays so here’s a few tips on how to save this coming holiday season. But hey! If you have no idea what to give out this Christmas – Why Not Gift My Book Polymath’s Profit? I’m sure the young generation and the any of your friends would like to have the gift of “creating profits” 😉 You can order here on our facebook page, or internationally via Amazon or Our Site.

1.Noche Buena On Budget

Most People spend their 13th and even christmas bonus on the upcoming noche buena and that might not be the most prudent thing to do. Keep it budgeted by buying only 2 main courses which are easy to do and requires less money to spend. Example is Spaghetti and the all time favorite Pancit – costs less and easy to do. Also, opt out on those Queso De Bola, they literally are often ignored on xmas dinner; instead, get a ham or just cook some barbeque as part of your menu. Keep it on tight budget but celebrate with some good food.


2.  Stop Giving Out Cash!

There’s no other pocket burner than letting the young-uns be gifted with money instead. Sometimes, custom and tradition dictates that you have to provide money. My say to that is just do not let the young generation get used to it; if you are gonna give a gift, give only to those who you are close with, and it might seem “nakakahiya” but try to give only money to those who need it the most if it really is necessary (Thing is, just give something you can let go, not a lot – but not too less either)

3. Shop Early – Avoid The Rush

If you shop early on gifts, food, and even other xmas items; I bet you would save more than trying to get involved with too much hassle and rush on christmas season.


4. Frugality is the Key

Keep things simple! The food, the season, the gifts… everything. Remember, if it is too expensive – do not get it just so you can give it. You might have a good christmas by giving, but you’ll have a nightmarish new year with that financial error you just made (Plus, once gifts are given – often the receiver do not care about it anyways.)


5. Learn To Leave or Say “Sorry”

Most people in christmas season forget the world frugality; can’t blame people to be so generous on the season of giving – but atleast save yourself some dignity by not begging to be left alone when you don’t have anything. Just say sorry and give something of small value but with “sense” i.e. WITH PURPOSE. If not, well, I will provide you with a forbidden technique called “Get Out, Before You Got Found” – learn to leave and not be seen if you really can’t afford to give anything, better to have money on yourself than give it to people just so those same people can use it for frivolous stuff…  But then again, if they need it – remember that you may not be able to help out later if you don’t have anything left on you.


Remember: There’s nothing bad about keeping it simple; if the result of your generosity is your bankruptcy, then the christmas season should be dealt with frugality.


"Jay Penn" is a Financial Literacy Mentor and Investor who is best known for his Book "Polymath's Profit". He is also an expert in the field of Maritime, Engineering, and Emergency Medical from his past careers. Experienced with Security Analysis, Crisis Prevention, Contingency Planning, and Global Maritime Distress Safety System. Currently instructs Nautical Sciences and is an avid Researcher of Business and Economics. He is also recognized as the "Top Maritime Instructor" for 3 consecutive years in the Maritime Education from 2014; raising the standard for the Maritime Industry and Training.

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