In this age of disposable incomes and condoned extravagance, it is easy to justify bingeing. Spending surges may be forgivable around festive season, but it’s not as easy to overlook the effects of financial splurging.
For most people, financial decisions pertaining to investing, buying insurance or taking loans, are an erratic, rather than an informed and planned, process. In their zeal to ensure that they don’t run short of funds for their goals, or out of ignorance about insurance and investment avenues, or simply lured by the easily available credit, investors end up with bulky, skewed portfolios.
