'Tis the season to be careful about spending

Festive mood could lead to unwise purchases and busted budgets

A long queue of people waiting for an Orchard Road department store to open for a major sale. Sales are enticing and attract lots of shoppers because things are generally cheaper. But shoppers should ask themselves whether they really need those prod
A long queue of people waiting for an Orchard Road department store to open for a major sale. Sales are enticing and attract lots of shoppers because things are generally cheaper. But shoppers should ask themselves whether they really need those products, experts say, and people should not give in to the fear of missing out when it comes to sales.ST FILE PHOTO

The buzz of the festive season is just around the corner and with that comes alluring sales, year-end bonuses and shopping lists for Christmas and the new year ahead.

But the holiday period can also mean increased spending, busted budgets and regrettable purchases.

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A version of this article appeared in the print edition of The Sunday Times on November 03, 2019, with the headline ''Tis the season to be careful about spending'. Subscribe