Most Nigerians struggle financially in January because they spend more buying new clothes they already have, making more financial expenses on traveling, which some are not really relevant, over spending on food which is even more than a 6 mouth budget. instead of making plans on how to renew house rent store rent paying of school fees by January e.t.c
You are pretty wright though. I think there is time for everything and season, and the season is also here for the Christian's why Salah for the Muslim. But that doesn't mean one should over spend their fund. It would be unwise to spend the total fund generated from January down to December just for one time spending.
Tips to avoid over expenditure on festive period1) It is good to have a scale of preference in oder of demand and the necessary requirements in other not to over spend.
2) settle the necessary things that are important before festive period. Like paying house rend, paying School fee ahead of up coming year, buying things cheaper before December period
3) save your money in an account you hardly termper or had no ATM card and use the proposed amount needed for the festive period in other not to spend more.
4) I you are married shear your budget into 3 part give your wife 2 part and hold 1 and warn her to use It properly. because some wife's are the reason behind over spending because of children clothing and their cloths and hair. moreover they have enough in there Waldrop. If the need is beyond the 2 part you have them then you can give have from the one you hold. Otherwise they will drive you to unnecessary spendings.