5 tips on managing your money during the festive season

Though Christmas is a time of giving, the true spirit of the season is not about how much money you spend on gifts.
Though Christmas is a time of giving, the true spirit of the season is not about how much money you spend on gifts.PHOTO: ST FILE

Though it sounds simple, Mr Vincent Oo, senior manager at Great Eastern Financial Advisers (Credence), said that taking note of your total expenditure is something people tend to overlook.

"It takes a bit of effort to track your spending, but you need to do that so you know how much you are spending and saving (so that you) are less likely to overspend."

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A version of this article appeared in the print edition of The Sunday Times on November 03, 2019, with the headline '5 tips on managing your money during the festive season'. Print Edition | Subscribe