Festivals are awesome and we all love them. We love meeting our relatives, our friends, and extended family. Each year we celebrate numerous festivals and celebrating these festivals takes a dig at our pockets. In case you are planning to travel, do check out our earlier blog Ways of Travel Expense Management. It’s not like we are suggesting that you stop celebrating festivals, the idea is to provide ultimate ways to save money this festival season.
This is one of the primary problems that a lot of people face. Exchanging gifts during festivals is one of the best things, but it won’t be best when it makes you run into debt. Check your pocket size and then set a budget for all the gifts you wish to buy. Now you have to see which items are required and which ones you can find an alternative for. We aren’t suggesting to stop exchanging gifts with relatives and friends, but if you are running short on funds then it would be better if you could find something much more economical. For example, instead of buying something expensive, probably buy a greeting card this year for everyone. Spend smart to save more.
Gold is considered to be auspicious and most people like to buy gold during the festival season. It is also considered to be a very good investment. But if you are running short on funds, then instead of blocking your money by purchasing some real gold, you can choose to try purchasing e-gold. E-gold is digital gold and is as same as buying real gold. The only difference is that you can buy e-gold for an amount as low as Re. 1 on websites like augmont Invest smart to earn more.
Okay, this is also one of the major problems that a lot of people face these days. It’s an urge for self-satisfaction. You see your friend is using an expensive cellphone or maybe the next-gen wristwatch. To self-satisfy, you might end up spending your hard-earned money to buy the same very expensive cellphone or might run into debt. Your excuse for wasting the money would be the self-gift strategy, but the reality remains that your hard-earned money is gone. Control your urge and save more.
Here’s a short poem for you:
Hey, You! Hey, You!
Festivals are here,
For your money – We care!
Spend it wise, Invest it wise,
In time – Wealth would rise!
In the meantime,
Have some French fries!
-TeamWIOAI
To conclude, festivals can also be enjoyed without spending excessive money and without buying expensive gifts. If you are one of those who think about making some wealth, then you should start with small investments and control your urge to spend. Subscribe WIO AI if you haven’t yet and get WIOCOINs.
Thanks!