BusinessPhoto: News18 BusinessSmart Ways to Avoid Debt Trap While Shopping on Credit This Festive Season
The festive season offers tempting discounts and easy credit options like instant personal loans, pre-approved credit limits, and Buy Now, Pay Later (BNPL) plans. However, accumulating multiple EMIs can strain monthly budgets and harm long-term savings. Financial expert Shruti Aggarwal advises separating planned purchases from impulse buys and evaluating existing financial commitments before using credit to maintain financial health.
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