The economics of February
Leadership

The economics of February

Feb 16, 2024, 5:08 AM
Stanley Buenafe Gajete

Stanley Buenafe Gajete

Writer

In the weeks following the onset of 2024, it became apparent that many individuals were grappling with reduced financial resources, largely attributed to holiday expenses.

This financial strain is not uncommon, as it is typical for individuals to experience a sense of “status quo” especially in their financial standing during this period.


Advisably, experts caution against significant financial ventures early in the year.


This is particularly relevant for those interested in property acquisition, as potential clients may have limited purchasing power after the significant expenditures associated with the recent holiday season.

However, as the recent holiday season’s financial aftermath settles, the echoes of the festive season linger in our pockets.


So, what’s special about February, well especially for this year (since the Lunar New Year depends on the date)?

As the month unfolds, economic considerations take a unique twist with the convergence of the Lunar New Year and Valentine's Day.


While these celebrations may seem confined to specific communities or demographics, their economic repercussions extend far beyond their apparent scope.

Photo credits : South east Asia Globe

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