We are in December, which, by the way, is the best time of the year for so many people because of the holidays. In Nigeria, the most common phrase you will hear at this time of the year is “Detty December,” which is synonymous with parties, trips, owambe galore and all-around celebrations. After having such a great time, it would be such a shame to go from “Detty December” to “Debty January.” So here are five simple tricks that can help you avoid running into debt this holiday.
Set a “No Waka Waka” Budget
December in Nigeria comes with plenty of opportunities to spend—there are owambes, concerts, weddings, and get-togethers. Before you dive into all the fun, make a list of anticipated expenses, including gifts, transport, food, and asoebi. Set a limit for each category, and stick to it like glue. A budget may sound boring, but it’s your best defence against a sapa January.
DIY Gifts
You don’t need to spend a fortune to give meaningful gifts. Tap into your Naija creativity by making custom gifts like Ankara accessories, handmade jewellery, or a curated hamper. These heartfelt gifts showcase your thoughtfulness while keeping costs down. If you can throw it down in the kitchen, try baking small cakes or frying chin-chin and packaging them in fancy wraps—this can also work.
Opt for a Family Gift Pool
Instead of buying gifts for each family member (especially for extended family back in the village), suggest pooling resources for a communal celebration or a family gift. This could mean contributing towards a big item like a food hamper or making donations towards a special family event.
Cash Rules Everything
With cashless policies becoming the norm, it’s tempting to swipe your card everywhere. But sticking to cash for your holiday expenses can save you from overspending. Set aside cash for different categories—Christmas decorations, fuel for travel, and party expenses, and when the cash runs out, you know it’s time to stop.
Focus on Time, Not Things
Nigerians value togetherness during the holidays. Instead of splurging on expensive gifts or outings, consider spending quality time with loved ones. Organise a small gathering at home or take a trip to a local beach or park. Shared experiences like these create lasting memories.
The Naija holiday spirit thrives on community, joy, and shared experiences and not on who spent the most. By sticking to these simple tricks, you can enjoy the festivities without having the long January regrets.
