Smart Ways on How to Save for January 1: Have a List of January Needs-The second tip on how to save for January is to have a list of all the financial obligations they are required to fulfill in January such as rent, school fees, transport to work among others. Have these needs in their order of priority so that you spend on what is necessary. 2: Moderate Your Spending- During the festive season, people tend to be extravagant. Just as it is important to enjoy the festive season with family and friends, it is equally important to cut unnecessary expenditure during the holiday. 3: Have a Savings Plan-as people save to purchase household items that they love such as electronics and furniture, having a savings plan for the first month of the year is equally important. This can be done through mobile platforms that have a savings plan, bank’s savings account, or the traditional method of having a savings box.