It’s going to be Diwali in a few weeks’ time! While some of us look forward to visiting home and celebrating Diwali with family, some others eagerly look forward to the discounts at retail stores and e-commerce sites.

This is also the time when many get a Diwali bonus at work. Most of you start listing all the big-ticket purchases you can make with it, even before getting the bonus. Things you would not buy the rest of the year, simply because the deals on this occasion appear to be so unbelievably affordable.

But why not twist things around a little this Diwali?

Here’s what you can do with the bonus received

#1. Pay off your old EMIs: Do not buy new appliances on EMIs. Instead, try to pay off your existing loans. This will not only reduce your stress levels but also let you enjoy Diwali more.

#2. Create an emergency fund: If you just started working and are lucky to not have any student loans, then use the bonus money towards creating an emergency fund. This will help you attain a peace of mind.

#3. Invest it: If you do not have any loans, and have catered for all emergencies, then it would be ideal to invest the bonus amount.

An investment comes with a promise of tomorrow. The amount you invest today, helps you get closer to your financial well-being goals.

It’s going to be Diwali in a few weeks’ time! While some of us look forward to visiting home and celebrating Diwali with family, some others eagerly look forward to the discounts at retail stores and e-commerce sites.This Diwali, be smarter with your money. Opt for a wealthier state of mind.