Compare prices and do your research before you shop:

Do your market research. Sounds boring, but fruitful it is. Products are same everywhere, be it online shopping or at the stores. Therefore, look for outlets that offer best deals and best pricing.  Since all the brands are competing with each other, you will find best prices. Comparison is recommended especially when you are making larger purchases.

Limit your Credit Card usage:

It is great that you own a credit card. However, you’re definitely not going to enjoy the bill payment interest as much as you enjoy shopping. The concept of “Higher spending limit” with your credit card is just an illusion, that you have much more money to spend than what you actually do.

Remember that even if you buy stuff with your credit card on EMI basis, you will be paying interest on that.

Don't just think of spending, saving is esscential too:

We hardly think that saving is as much important as spending. While in a festive mood, we definitely do not think about things like investments. However, the fact is the surplus money that you get in these months can go into your investments. Make investing as your first priority and allocate funds to that before you start shopping. That way, you are automatically setting yourself a spending limit, and curbing unnecessary expenditure.

Also Read: Your Insurance Payout Will Now Come After A Tax Cut!