A vacation to wind down can turn stressful at the end, if you do not plan your finances appropriately. Raji and Vishnu Shah experienced this recently after their three-week European vacation. When they took stock of finances, they realised they had overstepped their budget. Apart from asking a friend to wire the money, the couple had also dug into savings kept aside for a new house. It would take a year to get their finances back on track.
The Shahs could have avoided this situation with a little planning.
Image: The Taj Mahal, Agra
Text: Kiran Telang, Business Standard