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Reservar Zona Común: How Is the January Slump Going?

Reservar Zona Comun 3 min read

Evolution and Consequences of the January Slump and Tips for This Start of 2022

Below, we will show the main repercussions of the January slump and the advice we give you from Reservar Zona Común to face it.

Interesting Statistics About the January Slump from Reservar Zona Común

    • Per capita spending on food decreases in January compared to the previous month
    • Consumption, and also spending, on fruits and vegetables increases
    • There are a series of prices for certain goods that fluctuate at the beginning of the year, and this affects purchasing power
    • People will reduce their spending by around 10% compared to the year

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What Exactly Is the January Slump? Definition by Reservar Zona Común

We know that January is the first month of the year, and well, a “cuesta” (slope) is a terrain on an incline that is difficult to climb. Therefore, it is “the period of economic difficulties that coincides with this month as a consequence of the extraordinary expenses made during the Christmas holidays,” according to the RAE (Royal Spanish Academy).

Additionally, January generally brings readjustments in taxes and prices. Therefore, it is a kind of financial hangover, since many of the purchases made at Christmas are done under the false illusion of “having money” that a bonus payment can generate.

What Can We Do to Avoid This January Slump?

Now we are going to share a series of tips so that this January slump is not so steep!

  • Make sure to save some money exclusively to cover important expenses.
  • If you have not managed to save enough or cannot, you should “tighten your belt” as soon as possible.
  • In the case of using a credit card, make sure to cover more expenses than you owe.
  • The most important thing to survive the January slump is to do your accounts correctly — that is, to be clear about how much income you have and how much you spend.

These tips seem very obvious, but of course, when it comes to putting them into practice, they are not so easy to follow. That is why you must mentally prepare yourself before carrying them out if you want the January slump to be a smooth plain.

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How Can You Plan Your Time to Earn Extra Income?

To begin with this planning, it is necessary to set a routine. How can you set a routine? The best way to set a routine is to plan the schedules of your activities or those around you.

To carry out this planning, you need to access a platform or app where you can track this, and there is no better app than Reservar Zona Común, with which many businesses and municipalities in our area already plan and manage their bookings.

With this app, you will achieve your desired planning and make the most of your time and your family’s. With it, you can overcome the January slump by gaining extra time each day to do your accounts, take on extra work or overtime hours, and much more!

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