Every Diwali, we scrub every corner of the house—even the loft no one has opened since demonetisation. But when was the last time you gave your finances the same love? If we can declutter cupboards, polish silver, and throw out cracked diyas, we can definitely do a little Laxmi-level cleaning of our money life.
Let’s start with the biggest financial dust collector: useless subscriptions. That OTT platform you took just to watch one show? Uninstall. That beauty box membership auto-renewing every month? Cancel. Gym membership you haven’t used since 2022? Bye.
Next up: credit card clutter. Check your statements. You’ll spot random charges like “service fee,” “app add-on,” or “trial renewal.” Call your bank and STP—Stop The Paisa-leak.
Then comes everyone’s favourite junk drawer: loan EMIs and buy-now-pay-later traps. If you’re juggling too many EMIs, especially for impulse shopping or gadgets, plan a payoff or refinance. Imagine starting the new year without five EMI reminders on your phone—it’s like cleaning the puja room of plastic flowers.
Diwali also means renovations—so let’s upgrade your budget. Don’t create a Diwali budget just for gifts and sweets; make a fresh monthly budget with your festive spend, savings, and SIPs included.
If you can plan the colour theme of your rangoli, you can plan your financial goals too. Now let’s talk about digital safai. Delete old shopping apps that tempt you to “just check.” Remove saved cards from sites where you overspend. Turn off notifications from your favourite sale-happy brands. Out of sight, out of cart.
Once the dusting is done, it’s time for the fairy lights: start or restart your SIPs. Even ₹1,000 a month counts. Set up auto-debit before you transfer ₹11,000 to that designer’s Diwali exhibition.
And don’t forget your insurance and nominations. Update them the same way you update cushion covers—quietly and responsibly. Financial organizing is also self-care.
Finally, beautify your money space. Create a folder (digital or physical) for documents, passwords, policies, investments, and goals. No more hunting for PAN cards like lost diyas at the last minute. Diwali is about prosperity, purity, and fresh starts—not just fairy lights and Faral. This year, when you light diyas in every corner of your home, make sure your finances are glowing too.
Let’s not just call Laxmi into the house—let’s make space for her in the bank account too.
