Finance / Money

Your financial situation looks excellent at the start of this month. After many years, you may feel that you are doing well in your finances. You will get cashflow to clear your debts. It is an excellent time to refinance your loans to lower your bills. You will enjoy a money shower until May 14, 2025. Your bank loans will be approved with no hassles.

But you will be bombarded with a lot of expenses from May 15, 2025. It could be genuine or one-time expenses like paying fees to school for your children, long-distance travel, relocation, or shopping luxury items like gold or silver or home appliances. You will start using your credit card to pay these bills.
But you need to avoid borrowing as much as possible. Because you will not be able to repay them for a long time. Overall, you need to control your expenses and save money to feel financially secure.