Neha Nagar Explains Retail Therapy and Shares Tips to Increase Your Income

Unplanned layoffs, unpleasant appraisals, and bonus cancellations are a major problem these days. Most of us stress about boring jobs and too much work pressure at the workplace that causes anxiety, due to which we end up shopping, ordering food, visiting cafes, paying salon visits or watching movies to make ourselves happy and motivated for the next day. All of this is called retail therapy, so we spend more and lose our savings. Neha Nagar explains what should be done to be able to enjoy retail therapy without making a hole in your pockets.

What is Retail Therapy?

Any practice of shopping or spending money to make oneself feel more revived and cheerful refers to retail therapy. Retail therapy can instantly boost your mood, provide a sense of happiness and fulfilment, and kick off the stress, sadness and anxiety that have been bothering you due to your job or any personal situation. We need to understand the motive behind retail therapy is to distract from unpleasant situations and make ourselves happy and motivated. However, this should not be at the cost of your savings as this therapy ranges from shopping to paying salon visits.

Neha Nagar's Tips On How to Increase Your Income While Enjoying Retail Therapy

Neha advises you to plan your finances. It can be a yoga class, charity, movie date or dinner date that'll help you keep an eye on your finances without having to feel low or unhappy about the current situation.

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About Neha Nagar

Neha Nagar, who recently welcomed motherhood, is a popular finance content creator who aims to educate people to master their finances. She was featured on Forbes Cover 2022 and is the Cultural Ambassador of India. Check out her informative reel on Maternity Insurance.