AS families, new young couples and groups of friends come together once again to celebrate the much-awaited festival of lights, the need to be frugal with your money can easily slip your mind.
And to help you facilitate this pain-staking process of minding your money as the festive season draws closer, Consumer Council of Fiji CEO Premila Kumar has provided a few tips for our readers.
One of the most important points she makes is, quite simply, do not buy what you do not actually need.
"The joy of Diwali can still be kept alight with families spending their hard-earned cash prudently. Diwali is an expensive affair but proper planning will help consumers," Ms Kumar advised.
She suggested that drawing up a family budget might be of great help during such festivals.
"Avoid buying anything and everything â€¦ people need to buy the very basic items and not get swayed by the notion of commercialising the festival.
"Based on observation and market surveillance in the past years, the council has noted that consumers become impulsive during such festivals and end up spending more than planned."
Additionally, she said, it could pay off to engage in comparative shopping; just check out the prices of items in one store and compare them to the items in the next — it could make all the difference.
Luring advertisements are not always the way to go, Ms Kumar says, and it often helps to look around more before going for that loud promotion on TV.
"Consumers usually get lured by the enticing advertisements and end up buying things they do not really need. Consumers should draw up a budget and stick to it. This will help avoid consumers engaging in impulsive buying.
"While the council understands Diwali is about having a good time with family and friends with sweets and snacks, the council would like to urge consumers to stick to healthier diets and avoid making too many different types of dishes/sweets, which promote non-communicable diseases."
Overall, Ms Kumar advises that a budget, controlling your impulses and not being lured by lovely looking advertisements are some of the best ways to go about minding your spending during this festive season.