Merry Christmas & Happy New Year to all of you. Have a great year ahead!!

It’s Christmas time and so is the new year. First, let me take this opportunity to wish you a very Merry Christmas and a prosperous new year, 2011. We are entering a new decade from next year. So, we need to analyze how we have fared in this year, at least with the financial perspective. Sit down and evaluate where you have gone wrong and where you have significantly improved over the 10 years. We might see vicissitudes in the market. Recessions badly hit our economy this decade, which people just want to let go. It stayed longer than we expected and there lied the problem. We suffered a lot during those times. Lot of lay-offs, company going bankrupt, banks struggling with credit crunch, govt. going crazy with finance policy changes and so on. It was a horrible period for all of us. Thankfully, we have pulled through. Now the economy is growing up, though not completely stable, but much better than what we had in 2008 or 2009.

Anyway, it’s time to let your hair down. Holiday seasons are in and make the best of it. However, just keep vigil on your finance. You better not burn a hole in your pockets lest you again fall prey to financial issues in the coming year. Take a pledge to not get closer to the word 'debt' any more. Party but party thoughtfully. Avoid splurging on gifts or luxurious treats or trips. Stay home and make full use of your bucks with your family. Clear off your outstanding credit card balance, if possible. Try to use cash, instead, to check the expenditure.

So, once again wish you a stupendous Merry Christmas and the New Year 2011. Let’s enjoy to the fullest without the stress of finance thoughts.