Stick to a budget to avoid month-end money blues
Millennials often struggle to keep their spends under control and end up borrowing
Investing before spending and sticking to a budget without giving in to temptations can help a lot
Vaishnavi Chadagar, a Bengaluru-based business development manager, gives in to impromptu plans—from going out for dinner to a fancy restaurant to taking a quick weekend vacation—even before she can comprehend whether she can afford them or not. “I end up giving into sudden plans made by friends and this is one of the many reasons why I find it difficult to plan my expenses," said the 23-year-old. Chadagar says her biggest problem was not understanding how much to spend and on what, which is why she ends up overspending and falling back on her family to cover up for the rest of the month.