By Livingstone Mukasa
Christmas season is here. And is time to relax and spend some cash. Before you know it, the two weeks will be gone and time to report to work would be here.
Because people overstretch and overspend and even incurr debts in this season, January is considered the longest Month of the year. January also tend to be a good month to buy hard assets on the cheap if you are still liquid.
In other words while everyone is broke it is time to invest. If you buy the right asset or start the right business at the beginning of year, you are well set for the rest of the year. Trouble is that most people are wired to spend and not to save and invest.
And untill you can control your urges and impulses to spend (to impress others that barely care), forget becoming financially independent and creating substantial wealth.
I wish you all a Merry Christmas and Happy and productive New Year.
The writer is the CEO, Four One Financial Services & Living Business Educatio and Author of The Great Financial Rebuild & Investing for the Future.
