Audio By Carbonatix
A Chartered Accountant, Kingsley Adjenku-Hayford has advised the public on how well a budget can be made for the yuletide.
Speaking in an interview on Joy FM Super Morning Show on Wednesday, he said that “there is a need for a family International Monetary Fund (IMF) engagement.”
He was contributing to the topic “Managing your Christmas finances.”
According to him, spouses must engage family members and discuss plans ahead of the festivities.
He further noted that they should be transparent about their income, and be vocal about things that they can and cannot do. This, he said, many shy away from.
“A lot of men begin to run away. From the beginning of the year they are not open so I don’t foresee them open to the end, but it is good to open up,” he said.
“There are two opens, it depends on what you want to disclose. It depends on how you have run your life till now. If you openly disclose 100 % you collapse but for some of us who have been open all along, it is better to say – this is the income,” he added.
According to him, once the conversation surrounding the subject is over, planning is made simpler.
He, however, noted that gifts should be considered when budgeting for Christmas.
Latest Stories
-
Karaga MP donates 4,000 gallons of fuel to boost livelihoods in New Year outreach
4 hours -
GIPC CEO engages European Parliament delegation on Ghana’s investment reforms
4 hours -
Oppong Nkrumah, 5 others didn’t accept campaign support from Bryan Acheampong – Pius Hadzide backtracks
4 hours -
BoG rejects market speculation, emphasises data-driven policies
5 hours -
BoG targets consolidation, discipline in 2026 policy direction
5 hours -
GJA-Ashanti commends EPA’s continuous engagement with journalists who were involved in accident
5 hours -
Wenchi needs development, help us – Chiefs to Aseidu Nketia
5 hours -
EPA boss encourages journalists not to relent in their support to fight galamsey
6 hours -
Domestic Gold Purchasing Programme helped Ghana’s economy during difficult period – IMF
6 hours -
Ike City Group of Companies touches hearts at Dzorwulu Special School with compasionate donation
6 hours -
Vehicle exhaust pipes on the left create about 40% more pollution on the road than those on the right – Study
6 hours -
My Response to Dr Bryan Acheampong: Facts must prevail
6 hours -
U.S. and Ghana Armed Forces strengthen medical readiness at SETAF-AF Best Medic Competition
7 hours -
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
7 hours -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
8 hours