Festive Shopping 
Oh my God! 70% discount offer! Riya’s brown eyes twinkled with the high level of exclamation. She was browsing online to make the best use of festive discounts. Amazon, Snapdeal, Flipkart, and many other e-commerce sites were tempting her.
The festive season is about to end, but not the sale and discount offers. With the variety of options available in the market, getting the desired thing has become very easy. Financial flexibility has made this, even more, convenient. Credit Cards, Mobile Wallet, Instant Loans are the options that people are availing to get instant finance. This trap is so beautiful and tempting that people make unknowingly financial mistakes to do unlimited shopping.
Traps for you: Credit Cards, Consumer Loans
You can easily commit mistakes while making your financial decisions. In festive season, you may want to do shopping like electronics gadgets, Home Accessories, etc. You can earn heavy discounts. Let’s take an example. Assume that you are earning 40,000 per month, and you want to buy a fully automatic washing machine that will cost you around 70000 rupees. You are planning to take consumer loan to buy it as it is offering you a great discount. So for 1 year you will take a loan and pay an EMI of 6219 rupees at 12%. The bank will charge 2% processing fees also.
Avoid These Traps-Plan and then Shop: 
You can avoid getting into these traps by planning your shopping. Make a list of things that you need and want to buy in this festive shopping. Only buy your wish-list, don’t get tempted by discounts and offers. Always take a look at your finance. Try to pay by cash and Debit Cards.
Avoid using the credit cards. Make a list of items that you want to purchase on credit cards.
By considering the small points of your financial health, you can enjoy the festive shopping season. Look around for the best options. Shop smart and live smart. 
Read more to enhance your knowledge:
How many Credit Cards should your have?
A Crash Course on Money if You are in Your 20s
Read Other Related Articles
| Ways to Use Your Credit Card Right | |
| Looking For the Best Credit Card Deal in the Market | |
| Credit and Debit cards | |
| Types of Education Loan |
