10 smart ways to stretch your salary this festive season

The festive season is almost here—Christmas lights, owambe vibes, and the constant chorus of “come chop” invites. While the joy of the season is unmatched, the economic reality can be tough. Salaries seem to vanish faster than Harmattan dew when festivities take centre stage. Don’t worry; with a bit of planning and street smarts, you can enjoy a memorable December without crying “sapa is real” by January.

1. Set clear priorities

It’s easy to get carried away during the holidays but focus on what truly matters. Start by covering the essentials—rent, bills, and food. Before buying that extra Ankara or splurging on fancy gadgets, ask yourself: Will this item pay my January bills? Spend within reason and leave the extravagance for when your finances look healthier. Festivities don’t have to come at the expense of your financial stability.

READ ALSO: Travel Tips For The Festive Season

2. Master the art of bargaining

In markets like Balogun, Oshodi, or Eko, bargaining is not just a skill; it’s survival. Vendors often inflate prices, especially during festive periods. If the seller says N5,000, boldly counter with N3,500. Keep negotiating until you strike a fair deal. Remember, it’s not being stingy; it’s being smart. Plus, every saved naira counts when the bills roll in.

3. Avoid impulse spending

You see those “buy one, get one free” or “mega sales” banners? They’re not your financial destiny helpers. Before entering any supermarket or market, create a list and stick to it. Without a plan, you might find yourself buying items you don’t need and regretting it later. Discipline is key—don’t let the festive glitter blind your budget sense.

4. DIY gifts and decorations

Gift-giving doesn’t have to empty your pockets. Instead of splurging on store-bought items, why not make something personal? Bake chin chin, package it creatively, and gift it to friends and family. For decorations, repurpose old items. These little efforts show thoughtfulness without stretching your wallet.

5. Share the costs

Hosting a family or community party? Don’t carry all the expenses on your head like it’s a punishment. Instead, turn it into a “bring-and-share” event. Assign rice, meat, drinks, or snacks to different people. It’s a win-win—everyone gets involved, and no one feels the financial strain alone. Teamwork makes the festive dream work!

6. Shop early and smart

December’s last-minute shopping is a financial landmine. Prices shoot up as the season progresses, with vendors blaming everything from fuel price hike to dollar rates. Beat the rush by shopping early when prices are still fair. Plan ahead for essentials like rice, oil, and chicken, so you’re not caught off guard when prices spike later.

7. Avoid village show-offs

Heading to the village for Christmas? Forget the competition. You don’t need to show up in the latest designer wear or spend excessively to prove anything. Wear what you have, enjoy quality time with family, and keep your spending reasonable. After all, life is turn by turn, and there’s no need to overspend trying to impress anyone.

8. Cook smarter, not harder

The festive season calls for feasts, but you don’t have to overdo it. Instead of preparing five different soups to please everyone, stick to versatile crowd-pleasers like jollof rice or fried rice. Add small chops like puff-puff or spring rolls for flair. These dishes are affordable, delicious, and sure to win hearts without breaking the bank.

READ ALSO: A Joyous Christmas Itinerary For The Family This Festive Season

9. Start a festive side hustle

The holidays are an excellent time to get creative and earn extra cash. Use your skills—whether it’s wrapping hampers, baking snacks, or being a personal shopper—to make some money on the side. Even small amounts can ease the burden of January bills and give you breathing room after the holidays.

10. Learn the power of ‘no’

The festive period often comes with numerous requests—from parties to financial favours. While generosity is commendable, you don’t have to attend every event or send “urgent 2k” to everyone who asks. Politely decline where necessary and prioritise your financial well-being. Saying no is not selfish—it’s survival.

With these tips, you can enjoy the festive season without draining your wallet. December is meant for joy and celebration, not financial stress. Plan well, spend wisely, and you’ll step into January with peace of mind.