Setting up a realistic holiday budget

Always ensure you have a Christmas budget (Photo: iStock)

The holiday season is around the corner. And even though most people say it is the best time of the year, your bank account might not support your plans. With people still reeling from the effects of the Covid-19 pandemic, finances are tricky to plan.

Many expenses are coming your way - it could be gifting your loved ones or planning an expensive affair like party hosting or travelling. If you are not careful, your expenses could go beyond the intended budget - which is bad for your wallet.