Smart Saving Tips for Ramadan: Keep Your Wallet Safe, Live More Comfortably!

Ramadan is always a special month—from breaking fast together, hunting for takjil while waiting for iftar, to shopping for Ramadan and Eid essentials. But have you ever realized how expenses can suddenly shoot up during this month?

To avoid the shock of seeing your account balance drop faster than expected, you need to know how to manage your finances during Ramadan. With the right financial planning, you can enjoy Ramadan while staying on budget and still have some money left for Eid holidays. Let’s dive into these smart saving tips!

Practical! Here’s How to Manage Your Money During Ramadan

Don’t let your salary run out before Eid! Remember, there’s still THR to give out and holiday plans to think about. Here are some smart ways to manage your money during Ramadan:

1. Create a Ramadan budget & track your spending

Sometimes, we don’t realize that all the little purchases add up and suddenly drain our wallet. Breaking fast outside, buying snacks here and there, scrolling through marketplaces while hungry... before you know it, you've spent hundreds of thousands!

The solution? Set a specific Ramadan budget and track every single expense. With the Honest app, you can monitor transactions in real time and keep your spending within safe limits. This is one of the most effective money management tips to stay in control all month long.

2. Cook at home, more affordable and still delicious

If you do the math, one iftar at a restaurant can cost over IDR 100K per person. Now imagine doing that every day? Compare that to cooking at home—with the same budget, you get more food and it’s usually healthier too.

Besides saving money, eating at home is also more comfortable since there’s no queue or fight for seats. But if you do need to eat out, don’t forget to check out iftar meal promos on the Honest app to grab special discounts!

3. Avoid impulsive shopping & falling for Ramadan FOMO discounts

Don’t get lured in by massive discounts if you don’t actually need the items. Always make a shopping list before heading to the supermarket or browsing online stores so you can focus only on what you really need.

You can also limit cash usage and choose to pay using the Honest app instead—this helps you track your spending more easily. Be strategic with Ramadan online shopping promos, like looking for cashback or extra discounts from merchants you frequently use.

With the Honest Card, you can track your spending in real time and avoid going over budget. Avoiding impulsive purchases is one of the most effective and efficient ways to save money!

Maximize Your Savings with Credit Card Benefits

Besides controlling your spending, another way to save more during Ramadan is by using credit card promos. Here are some of the perks:

1. Cashback & rewards to get more from every purchase

Some credit cards offer cashback or rewards for grocery shopping, dining out, or even buying travel tickets! With the Honest app, you can find food promos or special cashback deals for Ramadan transactions at selected merchants.

2. Discounts at selected merchants

During Ramadan, there are usually plenty of special promos at restaurants, supermarkets, and online marketplaces. Make sure you stay updated on these promos by checking the Honest website or app so you don’t miss out on great deals.

3. Flexible installments for big expenses

Sometimes, there are big expenses that you just can’t avoid—like buying travel tickets or Eid hampers. To avoid putting a big strain on your wallet, make use of the flexible payment features on the Honest app, so you can manage your cash flow without draining your savings.

Honest App: Your Go-To Finance Buddy This Ramadan

Ramadan should be a month full of blessings, not financial stress. Now that you know how to manage your money with proper planning and the right financial tools, you’re ready to make the most of this special month.

Ready to start saving more this Ramadan?

Use the Honest app to set your budget, check for promos, and track your spending. Download the Honest app now and enjoy your Ramadan without worrying about your savings disappearing.