Kuala Lampur, March 28 -- Each year, the same pattern unfolds. The festive season is celebrated with joy, generosity and vibrant spending.

Yet, shortly after, many Malaysians find themselves facing a familiar reality, being financially strained, or as commonly expressed, "broke after Raya".

The question that deserves attention is whether this has become an accepted norm, or a concerning reflection of how households manage their finances.

Festive spending is not inherently problematic. Cultural celebrations naturally involve higher expenditure, particularly on food, clothing and social gatherings.

However, the issue arises when spending extends beyond affordability and is driven by short-term gratification rather than long-term financi...