During Ramadan and Eid Mubarak, your expenses must be quite abnormal for an excessive amount of money that you have spent on your necessities. You have to know several tips to normalize your money management. It may not be easy, but it is a good tip that can help to maintain your money management so that you can stay on the budget before new income struck in. Here are a few tips that you can use to normalize your money management.
Count the Rest of the Budget
The first tips that you can use to normalize your money management are by counting all the budget that you have left. No matter how much budget you have left, you should be able to fully utilize all of it as efficient as possible. Avoid all kinds of debts because it will only make you suffer later on. By counting your entire budget after Eid Mubarak, you can choose which expenses can be lowered or can be tightened first. Try to choose which necessities that is more important or crucial for your life. If it’s not that urgent, you better choose to not spending your budget. You can also make notes of things that you should buy first after Eid Mubarak.
Prioritize Your Expenses
Since you have a tight budget after Eid Mubarak, it’s very important for you to prioritize your necessities so that all of your needs can be fulfilled. You can start by limiting your monthly expenses by choosing food and drinks. You can also reduce some expenses such as monthly data or internet package. For example, if you regularly spend Rp 400k, you can reduce your monthly internet expenses to Rp 100k.
Re-check Your Expenses
After taking notes of all expenses beforehand, you can re-check your expenses again so that you can reduce it some more. If you spend your money to buy skincare monthly, you can reduce the budget, and allocate the budget towards other things that are more important. You can also use public transportation mode rather than using online transportation which cost more expensive.
Fasting after Eid Mubarak
Ramadan is over, but that doesn’t mean you cannot fast anymore. You can do Sunnah fast twice a week or to pay for your remaining fasting debts for the Ramadan earlier. Fasting will also help to tighten your expenses later on.
Is it okay to go into Debt?
Your budget might be quite tight after Ramadan, but please think twice before you actually got yourself go into debt. Instead of going into debt, you need to recheck again the expenses that you should spend, such as the internet, skincare, transportation, up to electricity and water bills. You can try to mortgage your valuable things such as gadgets or gold. This is a good option if you would like to have liquidity or cash money for your expenses and necessities.
However, make sure you can redeem it later on after you receive your next salary. Doing all of the tips above will surely give you the ability to normalize your money management. The right calculation and steps can help your budget, no matter how small it is. You can also save your money into D-Save Plus for easy and safe savings!