New Delhi, June 27 -- Millennials are known to splurge on lifestyle expenses. Hyderabad-based Prashant Thakur, 37, a software engineer by profession, was no exception. Till a few years ago, Thakur was guilty of spending big on latest gadgets and trends. Now both he and his wife, Disha Verma, 35, a soft skills trainer, try to keep a check on their expenses. They also ensure that their investments are in line with their goals, which include creating an education fund for their sons, Lakshya and Viraj, and a retirement corpus for themselves. Before meeting their financial planner in February last year, the couple had an over-diversified investment portfolio. "I'd invested in as many as 28 mutual funds among other investments, and would time the market and change my investments at the smallest trigger," said Thakur. The need to consolidate their investments pushed the couple to consult Melvin Joseph, a Sebi-registered investment adviser and founder of Finvin Financial Planners. "Thakur was quite financially literate and had all the basics in place. He wanted a financial planner to confirm whether he was on the right track," said Joseph, who helped the couple consolidate their investments into 6-7 schemes based on their goals....