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The five days of Diwali and their financial significance

Diwali is one of the most celebrated festivals in India and preaches the victory of good over bad. The 5 days of the Diwali festival also teach us important lessons on how to live a financially optimistic life. If you are intrigued, let’s see what Diwali means and how it teaches us financial lessons along with morals.

Day 1 – Dhanteras

Dhanteras, the first day of Diwali, is marked by worshipping the Lord Dhanvantari. As per Hindu mythology, Lord Dhanvantari, the God of Ayurved, emerged from the act of sagar manthan and brought with him Amrit. Dhanteras signifies wisdom and the abolishment of suffering. Traditionally, Hindus consider this day an auspicious day to buy gold.

What does it mean financially? This could be the day you consider diversifying your investment portfolio by making fresh investments in gold or stocks. Gold throughout time has always held its value and is considered a stable form of investment.

Source – Indian Express

Day 2 – Naraka Chaturdashi

Naraka Chaturdashi is the 2nd day of Diwali and is also known as Choti Diwali. The rituals for this day are significantly targeted towards cleansing the soul from suffering and reminding it of spiritual auspiciousness. In many regions, this is also the day to remember your ancestors and light Diya in their remembrance.

What financial tip can we take from Choti Diwali? If idealistically it means cleansing yourself from the impact of evil, then from a financial standpoint, we could consider this day to get rid of the bad habits we breed when it comes to money management.

Habits like excessive use of credit, impulsive buying, non-timely payment of loans and premiums, are all hurdles holding us back from leading a prosperous life. So, why not make Choti Diwali that day when we can get rid of them?

Day 3 – Lakshmi Puja

Lakshmi Puja – The third day of Diwali is the main festival day. This is the day when we decorate our homes with flowers and diyas, making it the “Festival of Lights.” This is also the day when we visit relatives and friends to exchange gifts.

What could this mean from a financial standpoint? Why can’t this day be the day when you gift yourself financial stability by opening up an emergency fund for those unforeseen and difficult times? You could also open a savings account, and for that you don’t even have to move out of your location.

Kotak811 offers a zero balance savings account that can be opened from anywhere using your phone. There is no minimum balance requirement to keep the account operational, and it provides numerous benefits, such as a free virtual debit card, no-cost digital transactions, and the ability to apply for a credit card without any income documents, and so on.

Day 4 – Annakut, Govardhan Puja

Annakut, Govardhan Puja – Regionally, there are many beliefs and rituals around this day. This is the first day of the bright fourth night of the lunar calendar. Collectively, it talks about growth, winning, and defeat.

What can we learn from this day financially? To grow, we need to have a plan that is as per our requirements and current situations. Plan your future journey and how you want things to pan out for you post-retirement. If you already have a retirement fund, look at how you could improve it.

Day 5 – Bhai Duj

Bhai Duj – The last day of Diwali is the celebration of this beautiful bond between a brother and a sister, where a sister prays for her brother’s long and healthy life and the brother pledges to protect her from all evils.

The brother-sister bond is what we should learn from and try to always stay connected with our finances. The best practice is to regularly review your financial plans. Invest in every aspect, like savings, insurance, medical and emergencies.


Every Diwali is a reminder to take charge of your finances. To prosper as a human being, there should be a holistic approach where you are concerned about how you manage your life both socially and financially.


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