Financial Lessons from Diwali: If you learn these 5 financial lessons from Diwali, you will become rich..
Shikha Saxena October 24, 2024 02:15 PM

Financial Lessons from Diwali: Diwali is a very big festival. We wait for it the whole year. Before Diwali, there is a lot to do, from shopping to cleaning and decoration the house. On Diwali, we bring Goddess Lakshmi home and worship her. We enjoy a lot with the family. But in the true sense, this festival is not just for enjoyment. This festival of Lakshmi worship also teaches us a lot. Today we will talk about the financial lessons of Diwali, if you learn these, then you are sure to become rich and your whole life will be spent comfortably.

Dhanteras teaches the importance of investment.
The festival of Diwali starts with Dhanteras. On the day of Dhanteras, people buy gold-silver, house-land, etc. In fact, this day tells people the importance of investment and teaches that we should keep investing a small part of our income from time to time. Investment never goes to waste. You get returns on it and your wealth grows with it. If you never want to face a shortage of money in life, then make it a habit to invest.

Diversity in Portfolio
Colorful lights are seen everywhere on the festival of Diwali. We should learn from this colorful light that our financial portfolio should also have many colors. This means that do not invest your money in one place but invest money in different places like fixed deposits, stock markets, mutual funds, and other schemes.

Clean the mess in the financial portfolio.
The house is cleaned on the second day of Dhanteras i.e. Chhoti Diwali. From this day, we learn this financial lesson that we should keep cleaning the dirt in our financial portfolio from time to time, like if you have a small loan, then pay it, if you have saved money then reduce the burden of the loan, sell non-performing stocks and mutual funds and invest that money in some other place, etc.

Light the lamp of economic knowledge.
On the day of Diwali, people light up the whole house with diyas. In this way, you should also light the lamp of economic knowledge in your life and stay up-to-date in the world of finance. It is very important to know which are the schemes that can give you better returns, can secure your old age, and when and how they can be useful in solving the financial problems of your life. This will help you in investing the money at the right place and your financial portfolio will become very strong.

Family Safety
On the festival of Diwali, we are told to take care of our safety while lighting diyas and bursting crackers. But not only on Diwali, we should take care of our safety and that of our family every day of our life and prepare for it in advance because an emergency can come up anytime. To deal with these situations, one must take health insurance. Along with this, you should also have a little emergency fund ready. If you have this preparation, then even difficult times will pass easily.

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