Have you ever heard the term “Janu-worry?” It’s quite a big topic this time of year.

Millions of South Africans and people all over the world struggle to keep up with all the debit orders, responsibilities and payments required for January.  After the festive season, which already pinches your budget, January tends to be a stressful financial battle – hence the nickname, Januworry.

To get you and your family through this financially worrisome month, we are going to share a few money-saving tips to help you get through January and prepare for the new year ahead.

Budget plan

Whether you’re a student on a small budget, just got your first job or are a parent working a full-time job, it’s important to budget your finances from the beginning. Make a habit out of it. Take time out of one month to calculate all your expenses and stick to a budget plan.

This will help keep you financially stable throughout the year. Most importantly, having a strict budget plan will help prevent going overboard in December and left broke in January.

Never spend more than you earn. It’s incredibly recommended to make sure you have money aside for unexpected emergencies. Whatever they may be, make sure you have the money ready when you truly need it.


Draw cash

Some people swear by this tip. When you’re on a tight budget, it helps to draw out a set amount to use. This way, you are able to watch the cash deplete from your wallet and should be more careful in the way you spend.

Sell what you don’t use

A new year is a good time to get rid of old baggage. Get in that garage, that spare room and into those cupboards and clear out everything you don’t need or use anymore. Old movies, DVDs, technology, books, clothes, accessories. Anything! Try out selling your stuff at a market.

It’s the perfect way to make a little extra cash and start fresh.

Set a no-spend weekday

If you are really serious about being money-wise, and you should be, then it’s time to set a day out of the week as a “no-spend day.”

You might be quite surprised just often you go to the shop, or quickly purchase something online. It may not seem like a lot when it’s in small amounts, but doing so daily really adds up.

Set a day where you will not spend any money and take note of savings after doing so for a month or two – it might surprise you!


Use what you have

When it comes to groceries and toiletries, use what you already have. Use everything until it’s completely empty and make a habit out of freezing groceries for use later on too.

This is especially handy when you find a great deal on bulk foods and may often think, “Wow! That’s really cheap, but I’ll never use that much.” Think again. Repack, freeze the rest and take out as you need.

This could save you lots of money and reduce food waste all while forcing you to be more creative with what you cook as well.


Being money-wise is one of the best qualities you can have. Learn to budget your money carefully, take days out of your week where you avoid spending, look for specials and discounts and do comparison shopping.

There are lots of steps you can take to save money in the new year. And sometimes that even means switching a monthly service provider, such as your insurance. Compare quotes and make sure you are getting the best possible offer available to you.