Everyone is talking about how difficult January is and that the month is taking long to come to an end. Some they are even saying they are suffering from January disease. I believe it’s all because of poor or lack of financial planning. January is like any other month but people tend to over spend in December forgetting that they have to budget for the following month.
Most people are borrowing money for transport, food and school uniforms from loan sharks (mashonisa) and credit providers. They are beginning a new year with debts that will also take them almost a year to repay. I advise people to borrow wisely from registered credit providers. They should consider short term loans to avoid high interest’s rates. Lastly they should also learn to draft a budget on how they will spend their money and refrain from borrowing.
Let’s all learn to be financially responsible so that we can live a stress free life.