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Few simple steps on how to fix your financial mess after festival splurge

Many would have racked up debt this Diwali, using credit cards and consumer loans

Diwali
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Bindisha Sarang
A hangover in the morning shows you had a fantastic party last night. Similarly, there is something called “buyer’s remorse”, which reflects the guilty feeling after a sudden splurge. Usually, this follows an expansive spending session during the festival season. Many would have racked up debt this Diwali, using credit cards and consumer loans. Here are a few simple steps on how to fix your financial mess.

Reduce the weight of credit: D Muthukrishana, a Chennai-based certified financial planner, says: “This is nothing but a Diwali debt hangover. Pay it as priority.” You need to be laser-focused on reducing the

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First Published: Oct 31 2019 | 11:10 PM IST

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