A recent interview with financier Lazar Badalov, conducted by the agency Hitting the Primer, explored practical ways to manage money before the New Year and set a stable path into the upcoming twelve months. Badalov outlined strategies that can include early purchases for the year ahead or selective payoff of existing debts, arguing that such moves can safeguard a portion of future salaries against unnecessary spending. He stressed that preplanning is essential to avert wasteful habits and to maintain financial equilibrium when the calendar turns.
Badalov warned that in moments of seasonal pressure, many people end up buying items they do not need, driven by a temporary sense of urgency. He recalled that promises of scarcity often do not materialize, turning what seemed essential into a misstep on a household budget. The takeaway is simple: approach year-end expenditures with a clear, grounded view of what is truly necessary, and avoid letting impulse dictates dictate the financial course for the coming year.
The expert also advised considering depositing excess funds when possible, noting that preserving capital can yield flexibility when markets feel uncertain. In times of volatility, he recommends leaving sophisticated investments in the hands of seasoned professionals who understand risk management and can adjust strategies to protect capital while seeking sustainable returns.
Alexander Razuvaev, a former Candidate of Economic Sciences and a recognized Investment Analyst, echoed the sentiment by suggesting a focus on securities issued by companies that dominate their sectors with government-backed or state-supported leadership. His practical guidance centers on selecting assets with solid fundamentals and clear visibility into long-term performance, especially when evaluating opportunities in provincial or national markets.
Taken together, these viewpoints converge on a common theme: prudent, well-considered financial moves at year’s end can influence how comfortably individuals navigate the first months of the new year. Whether it involves targeted debt repayment, cautious asset allocation, or disciplined savings, the emphasis remains on realism, risk awareness, and professional guidance when necessary. In a climate of unpredictability, a transparent plan rooted in real need and credible data can help households preserve capital, reduce unnecessary risks, and build a more resilient financial future. [Source: Hitting the Primer]