Budget tips: How to get more for Christmas, for less!

Unless you’re a grinch, almost everyone loves Christmas! And what do most women love to do? That’s right: SHOPPING! But let’s face it, having to buy a lot of presents in one go can not only be stressful, but can make a pretty sizeable dent in your purse.

That’s where your budget can help! If you start organising your money now, you’ll know exactly how much you can spend on gifts for your favourite people, and you can stretch out your cash for longer!

Here’s what we recommend:

Start thinking of gift ideas now! Christmas time is one of the most lucrative time for businesses, and everyone is going to compete for your dough. If you make a list of things you want to buy now, the better your chances of finding it at a discounted price when you go shopping around; if it isn’t on sale at one place, it will most likely be on sale somewhere else at some point this season. The sooner you know what you want to buy for everyone, the sooner you can start looking for the best deal!

Make it yourself. Not only does it have more of a sentimental value and makes it more personal, but homemade gifts are a great way to maximise your giving without increasing your budget! Just don’t wait too long before you get started and end up having to make a last minute run to the shops!

Split up holiday costs. Most people don’t get their Christmas shopping done until December itself, but where possible try to knock a few things off your list early. Put a little extra money in your November budget to purchase little things, like Christmas cards, wrapping supplies, and the odd bits and pieces. This will leave you feeling a little less stressed by spreading out your costs and your to-dos!

Consider rearranging your budget. While great fun and festive, the end of the year tends to be one of the tightest financially for many of us. So if your budget’s starting to feel the strain, switch things up. If you normally spend quite a few on takeaways and eating out, make some sacrifices and bring your own lunch and cut down on the amount of times you go to restaurants, only until you’ve saved enough for your shopping list.

Prioritise! It seems like every time it comes to making a list of people you need to buy presents for, your brain keeps reminding you of every. single. person. you know. But let’s face it, you don’t need to, nor can you afford to buy presents for EVERYONE! And because the same holds true for other people, we’re sure your primary school teacher, or your local butcher will understand. You can always send a cute Christmas card to ease the sting, though!

Finally, track your spending! A budget doesn’t help if you don’t stick to it! You have to track your spending, and stick to what you have already planned! This will remove the anxiety of “Can I really afford to buy this?” or “Can I really afford to go there?” The last thing you need during the most wonderful time of the year is more stress!

OR… 

You can purchase our Mortgage Life Insurance Plan between the 18th October and the 18th December 2019, and pray you’re the lucky person to win a return ticket to Dubai where you can shop til you drop! (But the above recommendations would still apply though — especially then! ☺) 

Win big with Sacos’ Mortgage Life Insurance Festive Giveaway!

Press Release_Mortgage Protection promo with Sacos_October 2019

Imagine this:  Dubai is lit up for Christmas, with shopping malls pulling out all the stops with special snow ball zones, festive corners and games. Sound like somewhere you would like to be this upcoming holiday? Us, too!

With our new insurance promo, you stand the chance to win a return ticket to Dubai when you buy your Mortgage Life Insurance Plan with Sacos Insurance Group between the 18th October and the 18th December 2019.

Our Mortgage Life Insurance Plan is designed to help pay off your mortgage upon your passing during the period of the policy., saving your loved ones from worrying about debts and financial burdens that was initially not their own. And because we care so much about our customers, as an added bonus we are giving away a FREE Fire only Insurance Policy for your home with any new Mortgage Life Insurance Plan of SCR700,000 and above!

Get in touch with us ASAP before the 18th of December in order to be eligible for our promotion. The big prize giving ceremony will be on the 23rd December. Call us on 429 5000, send an email to info@sacos.sc, or complete your details on our request a quote https://www.sacos.sc/here-for-you/credit-protection-insurance/ and an officer will get back to you. Sacos here for you!

Is life insurance a must for a single parent?

Absolutely! Life insurance is good for everyone! But even more so when you are a single parent who do the work of two people tirelessly. Single parents do not have the luxury of knowing for sure that their children will be taken care of if something were to happen to them, therefore it is important that you provide a safety net for you and your kids – life insurance – to make sure your children are taken care of if you aren’t around.

Our advice is to make sure that this is one of the first thing you take care of before planning for anything else. It may sound like too much of a hassle or too much of an expense, but let’s face it, it’s not. And it most definitely outweighs the cost your children will incur if they are left on their own with no safety blanket.

If you have gone through a divorce and your former partner is not paying for child support, then you know that putting the onus on your ex-spouse to provide the monetary safety net your children may not be the best idea.If you have suffered the death of your spouse, you know all too well how important life insurance is in a family’s financial plan.

So why not drop us an email at info@sacos.sc or pay us a visit at our branches (Maison Esplanade – Victoria, Pension Complex –Baie St. Anne Praslin, Green Corner –Providence)  or call us on 429 5000? A life insurance policy that adequately covers your needs is exactly what you need to give you much needed peace of mind and at Sacos we’re here for you.