• 'Detty' December is here and with it comes all cool concerts and parties that require a lot of money coming out of your pocket.
  • While having fun is great, it is important that you do not spend all your money and end the year flat broke.
  • Below is your guide to having a good time without running out of money.

'Detty December' in Lagos, Nigeria is a great time packed with performances from your favourite artists and other fun-filled activities.

All of these usually require lavish spending that make many young people blow through their savings. By the time the year is over, most people are broke, penniless and in debt by mid-January.

You can avoid becoming a cautionary tale by doing the following:

  • Create a budget and stick to it

Yes, we know it is December, the time for 'parte after parte' and no one wants to think about something as 'boring' as a budget but you have to if you do not want to run out of money.

So, create a budget for the remaining weeks of the month and January. Make sure it covers everything from food, gifts to concerts. Now all you have to do is follow it religiously.

Budget gif(Giphy)
Budget gif(Giphy)

ALSO READ: Here is the ultimate guide to enjoying Lagos for IJGBs

  • Save aggressively

Who wants to put money away when everyone is having a good time spending their money? Nobody but it has to be done.

Set aside a portion of your salary (30% - 50%) so that you have something to turn to later.

Your savings will come in handy after the festive period
Your savings will come in handy after the festive period
  • Stay indoors

You might experience the Fear of missing out (FOMO) during this detty december as you watch your friends having fun on Instagram but do not let it make you go out all the time.

Every time you go out, you spend money on transportation, food, tickets, clothes and a bunch of things you could have avoided if you simply stayed at home.

Thanks to social media, you can watch almost any show online from the comfort of your home so you are not really missing much.

  • Cook more 

Eating out is always fun but it is not worth it if you end up spending all your money on food. To save some money, try eating more home-cooked meals.

You can make it fun by having friends come over with some ingredients and having a cookout. This way, you get to have relatively cheap, good food as you have a swell time with your friends and family.

A beautiful home cooked meal.
A beautiful home cooked meal.
  • Look out for discounts

One good thing about the holidays is that shops, spas and restaurants are always giving discounts. So, be on the lookout for these Christmas freebies so that you can buy things you need (not want) and have fun on a discount.