8 Ways To Splurge Smart This Festive Season

2. Understand needs and wants

It’s important to distinguish between needs and wants. Attractive discount offers on groceries, clothes and electronic appliances make you shop for things which are not required in short term. Such unplanned shopping is done to fulfill your desires and is also known as WANTS.

However, spending money to shop on things you NEED by taking advantage of the available discounts / offers during this festive season is the smart way to go.

3. Try to invest this festive season

Now the entire bonus and cash gifts which you will receive next year is available to be spent in any way you like – But remember to invest at least 60 percent of this. Especially now with the way the Indian stock market is performing and is expected to perform over the next few years, equities would be one of the better performing assets.