Eid is a special moment that many people look forward to. However, without careful planning, expenses can swell and actually reduce the happiness of the holiday. Do not let your friends be burdened by financial debt for consumptive things during Eid.

Therefore, budgeting Eid carefully is an important step so that the celebration remains memorable without having to burden financially. You can ensure that every rupiah spent brings benefits and blessings through a planned Eid budget.

Starting from shopping for basic needs to alms, everything can be allocated wisely. Also, make sure you shop according to your ability. Don’t just get carried away by prestige and social demands, friends so shop for various things that are not actually needed. Check out the Eid budgeting strategies that you can apply to celebrate Eid al-Fitr below!

1. Make a List of Priority Needs in the Eid Budget

Before you start shopping, make a detailed list of eid needs. Separate between primary needs such as food, and transportation back home with secondary wants such as new clothes, decorations, or new gadgets. This method can make your eid budget more efficient.

Next, give a priority scale to each need. For example, buying staples for ketupat is more important than buying large quantities of Eid cakes. This helps you avoid waste and focus on things that are really needed.

Don’t forget to compare prices in several places before shopping. Utilizing promos or discounts offered ahead of Eid can also help you save on your Eid budget without reducing the quality of the items you buy.

2. Utilize Special Eid Savings

One of the best ways to manage your Eid budget is to set aside money regularly in advance. You can open a separate account or use a digital piggy bank to collect special Eid funds. One of the platforms that you can use to create a special Eid savings account is Treasury.

Through digital gold savings, the value of the assets you save will not be reduced by inflation. In addition, in the long run, the price of gold will increase so that you can get a profit. Gold savings in the Treasury application can also be started from a small nominal of Rp5,000 only.

The strategy of saving little by little makes the financial burden when Eid arrives will not feel heavy. For example, if you set aside Rp100,000 per month for a year, then when Eid arrives you can get additional funds of Rp1,200,000 for the Eid budget. This nominal can also increase if you save it in digital gold.

In addition, avoid using emergency savings or education funds for Eid purposes. Prioritize long-term financial stability so that Eid celebrations do not cause problems in the future.

Also Read: Not Wasteful! 5 Ways to Save and Safe Homecoming Ahead of Eid – Treasury

3. Reduce Unnecessary Expenses

A few weeks before Eid, re-evaluate your daily expenses. Are there expenses that can be reduced or eliminated temporarily? For example, cutting down on coffee snacks and online streaming entertainment subscriptions can put more money into your Eid budget.

Consider making some of your own Eid dishes instead of buying them. Making cookies or rice cake at home can be a great way to gather and chat with your family, not only saving money but also adding to the warmth of Eid.

Also, avoid the temptation of big discounts that you don’t really need. Focus on the Eid budget that has been planned and don’t be tempted to overspend just because there is a promo. The last strategy to reduce unnecessary expenses is to utilize items that are still worth using. For example, if last year’s Eid clothes are still good, there is no need to buy new ones.

4. Prepare Funds for Alms and Gifts in your eid Budget

eid is not only about having fun, but also sharing happiness with others. Set aside a portion of your eid budget for alms, either to family, neighbors, or those in need.

Apart from giving money, you can also share in other forms, such as distributing food or clothes. This method not only eases the burden on others, but also makes your Eid more meaningful.

Don’t forget to give money to children or younger siblings. Although the amount does not have to be large, giving money to children or younger siblings is still a tradition that many people look forward to. You can ensure that the Eid budget is used in a balanced way between personal needs and sharing with others if it has been allocated from the start.

5. Avoid Consumptive Debt to Keep Eid Budget in Check

One of the most common mistakes made during Eid is going into debt for non-urgent things. If you really need to borrow, make sure it is for basic needs and not just a momentary desire. Consumptive debt will only burden your finances after Eid.

Instead of going into debt to buy new clothes or furniture, it is better to adjust to the planned Eid budget. If you have to go into debt, choose a safe and low-interest loan source. Avoid loan sharks or illegal online loans that can actually ensnare you in financial problems.

You can use digital gold investment in Treasury as an emergency fund loan that can be disbursed quickly. Through the Jamimas feature, you can get a loan without losing your investment. It is better to celebrate Eid simply but calmly than luxuriously but burdened with debt.

Remember, the happiness of Eid is not measured by how much you spend, but by the blessings you get. Hopefully, the Eid budgeting strategies above can help you celebrate Eid with more peace of mind and meaning. Careful planning will help you avoid financial stress and ensure your finances remain secure after Eid!