In this environment, you will see Kenyans binging in a pub lamenting how financially difficult the year was explaining, “We are just drinking away the difficult year”
It’s the time of the year again when all logic goes out the window. Buyers brazenly binge and shrewd sellers visibly squeal. Buyers binge for no other reason other than they believe they should. (Let me know if you have a dissenting opinion). And sellers squeal with delight at this inevitable bumper sale annual ritual.
Illogical spending is global
And it’s not just a Kenyan custom. A fellow columnist in the Sunday Nation reported that in the UK parents anticipate to spend £400 (about Kes. 55,000) per child this festive season and in Germany malls are investing up to €24m (about Kes. 3 billion) to attract buyers (shoppers). Malls locally will be just as attractively adorned. With such (I’d like to believe) informed huge investment in decorations, one can only imagine the anticipated sales.
Locally, a hitherto struggling and straggling supermarket chain has, almost seemingly by the so-called Christmas magic, found its way out of the struggle and is now fully stocked. One simply must commend the timing. Yes. Shrewd sellers are keenly aware of the illogical festive season spending. If still in doubt that our (purchasing) minds take leave of absence starting next week, here’s a classic gem.
Did you know that several parents have been up in arms that CS Frederick Matiang’i announced class eight and fourth form results, plus Form One selections, too early for their liking? “Sasa, Christmas tutakula nini? Angetangaza next year kama zamani” (Why did the Cabinet Secretary for Education Fredreick Matiang’i release the national exam results and school admissions before Christmas? Now money that should have been spent for Christmas will be forced to go to schooling?) Note the choice of words-“forced to”. And here’s the clincher; before, when the results used to be released after Christmas, the lamentation was, “Sasa, tumesafiri na tumekula Christmas, hakuna pesa ya kupeleka watoto shule” (Now that results have been released after Christmas, we don’t have money for back to school shopping).
Do you find that reasoning warped? Well, welcome to the selling environment that is the festive season. In this environment you will see Kenyans binging in a pub lamenting how financially difficult the year has been and using this as the reason (excuse?) to imbibe that bit more. “We are just drinking away the difficult year”
Financial advise? Good luck
As is custom, financial experts will cover acres of blog and print space and shout from the rooftops. “Exercise caution in spending this festive season; you are not exempted from your non-festive obligations like back to school shopping and utility payments simply because it’s Christmas time.” Human resource personnel will send out cautionary emails to all staff with links from said blogs stating: “December salaries will be paid early. You are reminded to spend wisely this festive season. The next salary will be 45 days from now.” Will the staff take heed and adjust their spending habits this year? I’m not holding my breath.
Stay safe as you enjoy this season of festivities.
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