After the one month of December many are usually left in the red. Many people go on a spending spree buying gifts, travelling or even throwing massive parties however a lot of those people tend to spend beyond their means. Financial advisors continuously urge people to ensure they pay all necessities first and also draw up a budget to avoid the reality of being broke in January, then people reach out for loans to survive. Rita Cool, Certified Financial Planner at Alexander Forbes Financial Planning Consultants joins CNBC Africa for more.
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