The holy month of Ramadan is a time to fast, pray and give for the benefit of others. It is followed by EID, where Muslims celebrate with friends, family, and food.
However, surveys have shown that many families spend more than planned during Ramadan and EID. Some end up borrowing using credit cards or personal loans.
The discount galore on Cars, furniture, and almost everything else, makes it more difficult for people to stay within budget.
Inadvertently people end up making both small and big unplanned purchases during Ramadan. This put stress on their budget during the rest of the year.
Sometimes it could take more than a year to pay off the debt acquired from making these unplanned purchases.
The good news is that there is a way to enjoy Ramadan and EID without worrying about money. By creating a budget and sticking to it, families can have a guilt-free and stress-free celebration.
You can also plan to take advantage of discounts on cars, furniture, and other items during Ramadan without worrying about breaking the bank or acquiring debt.
Here are Six simple steps to guilt-free and debt-free celebrations.
Visit Ramadan to Ramadan Savings Challenge to learn more.
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