New Delhi, Dec. 8 -- As we wrap up 2025, there are many learnings from the year passed that come to mind, and there are quite a few things that I don't want to carry into the New Year, especially related to personal finance. In the recent past, there has been a lot of awareness created around personal finance and credit, yet there are plenty of messages floating around social media that spread confusion.

As a year-end checklist, I am listing these few myths related to personal finance, especially credit, that I would like to leave behind for good.

Over the past few years, credit has become accessible. The digital players have made credit available to everyone with a mobile device, at the click of a button. This facility makes us tap on ...