5 Strategies To Cut Costs During Ramadan

Unexpected rises in our regular expenses occur during Ramadan. There are countless ways to spend—or overspend—money throughout this month, from purchasing unique iftar products to shopping for the Eid holiday. Planning for this month should be done with your budget and convenience in mind. Here are five money-saving and money-maximizing suggestions to assist streamline this process this month.

1. Be Mindful of Your Language

The abundance of food carts that have appeared on roadways like mushrooms over night is so large that it’s easy to become lost in their offerings. Foods high in fat, salt, sugar, and food coloring can have an allure that is hard to ignore. The same seems to apply to the special offers we see for iftar and sehri, which seem to be available in almost every establishment.

Nevertheless, despite all the savings, these dishes are still considered luxury goods and if they are often purchased, the cost can quickly mount up. Not only do they have unhealthy levels of fat and oil in them, but they also don’t have the vital nutrients your body needs to recover from a long day of fasting.

It’s also clear that home-cooked meals can serve as a cheap and wholesome alternative to these junk items. And remember to always eat in moderation during this month of self-control.

2. Purchase Food In Bulk

There is no denying that the cost of consumables will unavoidably rise during the month of Ramadan. Even while it may seem impossible for us to stop such inflation, we may nonetheless take the greatest possible precautions.

Purchasing groceries in large quantities early in the month helps lessen the effects of the typically erratic market that occurs throughout Ramadan. Additionally, it’s a good idea to look for suppliers that provide discounts for large orders and haggle over costs to get the best deal—this will free up more money for other needs!

3. Arrange Your Trip

The majority of us prefer to celebrate Eid, the day of reward, with our family and loved ones, making it one of the most important highlights of Ramadan. But going back to the village we left behind to pursue our careers in the city frequently requires a lot of travel. Unfortunately, limited vehicles and ticket scalping mean that fares may increase minute by minute for everyone who has traveled around Eid.

To mitigate this problem and ensure economically cost transportation, prior ticket purchases are advised. If traveling by train is an option for you, think about buying tickets online as soon as possible.

4. Don’t Go Above Your Buying Budget

Few of us can honestly say that we have never had the impulse to go shopping in excess in front of Eid. While making impulsive purchases may seem very fulfilling, it will undoubtedly have a negative financial impact. The secret is to make a detailed list of everything you want to purchase, including gifts, and set a strict spending limit.

After that is finished, steadfastly adhere to your plan and start your search for the best products at the most affordable costs. Look for clearance bargains and start your shopping early.

5. Make Use of Public Transit

Try using public transit as much as you can if you don’t own a personal automobile. It’s reasonable to want to use ride-hailing services during Ramadan after a long day at work, but bear in mind that these services usually cost five to ten times more than using the public transportation system.

Thus, if you’re determined to save up for one more gift for a special someone, consider taking public transit to drastically reduce your travel expenses.