How festive discounts can help you save more and spend wisely

Festive seasons are not just times of happiness but also special occasions to demonstrate smart spending skills. During festivals, discounts enable buyers to maximise their returns and obtain top-quality products at reasonable prices without compromising their financial goals. These kinds of savings are especially valuable when buying for the future, such as furniture and decorative items for the home, which are among the most important due to their value and durability.

Ridhima Kansal, Director, Rosemoore, says, "Through using festival discounts, buyers can more effectively schedule their shopping and thus synchronise it with their priorities. Consequently, this manner of planning reduces impulsive purchases and encourages the subject to think deeply about what truly adds value to one's surroundings."

Moreover, buyers have the opportunity to securely purchase premium goods at prices they could hardly afford before. Lokendra Singh Ranawat, Co-founder & CEO of Wooden Street, says, "Festive sales allow consumers to try luxurious product lines they may not have considered or to simply increase the value of their current belongings at a fraction of the cost. With such deals, people can afford chic and durable products, which in turn can prolong the life and enhance the beauty of their residence."

For example, a washing machine costing ₹20,000 might be available for ₹15,000 during festive sales. The ₹5,000 saved can be used for other expenses, such as gifts or home improvements.

Online platforms like Amazon, Flipkart, and Myntra also run mega sales that include extra discounts through bank cards or digital wallets. If planned well, buyers can combine multiple offers — such as using credit card rewards or no-cost EMI — to maximise their savings. Shopping during these periods not only cuts expenses but also helps avoid high-interest borrowing later.

Such promotions are excellent for economic prudence because they encourage consumers to thoroughly research, compare prices, and understand product details before purchasing. This ensures that the discounted prices truly reflect savings and are not just temporary reductions.

"Nevertheless, one should still caution oneself not to rely solely on price cuts but also consider the nature of the products, the warranty, and the after-purchase care service to ensure product longevity," says Ranawat.

Also, to spend wisely, it’s important to distinguish between “wants” and “needs.” Making a shopping list before the holiday rush can help avoid impulsive purchases. Monitoring price trends before sales ensure you are actually getting a real discount. Some savvy shoppers even use price comparison tools or browser extensions to check current offers across various platforms.

At the end of the day, festival discounts are crucial in blending the spirit of celebration with the idea of responsible money management. "What they do is to allow making the right and wise investments, which in turn, assist shoppers in saving more money while also making purchases that positively impact their homes and lives for many years to come," says Kansal.