Spend Wisely: Happy Diwali!


sqrrl blog-how to save money on diwali

Festival season is a busy time across all Indian households. Not only do we go all out buying stuff for the house, we also spend a lot of time, effort and money on gift shopping as well. With tonnes of discounts and offers, both online and offline, the festival spender is spoiled silly for choice.

We’ve got some really quick tips for you to set straight what you need to do to save money on gift shopping this Diwali.
  1. Discounts
    Remember, discounts don’t mean you’re saving money. To make the best use of any discount offer, make sure you do your math properly, and account for the subsequent tax that you might have to pay on your purchase. Research, and then purchase.
  2. Gift cards to the rescue
    While not that prevalent in India, gift cards can still be a good gift. For example you can buy Amazon Gift cards for your relatives, or you can gift your cousins with Playstation gift cards. Try them out, be creative.
  3. Type of gifts to buy.
    If you’re not sure what kind of gift to give to a person, make sure you don’t get something that they won’t even end up using. Give some thought to the present and then buy.
  4. Sweets vs chocolates vs dry fruit vs anything edible
    All of these have different shelf lives. So keep that into consideration when you’re buying them. It would make sense to spend money on something that can last longer, and dry fruits and chocolates might even cost you less.
  5. Compare prices
    Clearly the best, and clearly the most ignored practice. Be sure you check out all possible options before you make your purchase. Everyone is offering good deals and discounts in the festive season, you just have to be sure to get the best one for you.

So, that’s the top 5 tips we could give you to help you spend your money better. Share it with friends and family, and we wish you a very happy Diwali.


 

Written by

Vedant Kaushik