We have a special episode of Ringgit & Sense to celebrate Chinese New Year.

Many of us are certainly excited about receiving ang pows and eating good food to celebrate this festival.

However, as with all festive periods, we should be careful about how much we spend.

Joyce Chuah and Lee Mun Wai -- licensed financial planners -- share their takes on how to best manage your personal finances during this festive season.

Should we splurge on that new outfit and haircut to keep with traditions?

What about Ang Pows -- to follow market rates to save face or follow our pockets?

Listen in.

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