Mindful spending during Ramadhan
Families should gradually stock up on essentials instead of making impulsive bulk purchases. Shopping while fasting may also lead to unnecessary spending
Published: 06:03 PM,Mar 01,2025 | EDITED : 10:03 PM,Mar 01,2025
Excessive spending on consumer goods and overstocking household supplies is a growing concern, especially during Ramadhan - a time meant for moderation and self-discipline. Despite fasting for most of the day, many households tend to increase their consumption, leading to financial strain.
Raising awareness about responsible spending is essential to encourage sustainable financial habits.
The rise in consumer demand during Ramadhan is not limited to food but extends to luxury and household goods. This irrational spending behaviour contributes to inflation, increased imports and financial instability for many families.
Adopting mindful spending habits can significantly reduce food waste, promote sustainability and align consumption with the true spirit of Ramadhan - moderation and gratitude.
Marketing campaigns flood social media ahead of Ramadhan, influencing consumer behaviour and encouraging impulsive purchases. Studies show that social media platforms exploit psychological triggers to drive unnecessary consumption.
A Harvard study found that 59 per cent of social media users make unplanned purchases based on online content, highlighting the need for greater consumer awareness and self-control.
To prevent excessive household spending during Ramadhan, experts recommend a mindful approach to shopping.
Families should stock up on essentials gradually rather than making impulsive bulk purchases. Shopping while fasting can also lead to unnecessary spending, as hunger influences decision-making. Instead, setting a clear budget, shopping weekly and accurately estimating food portions based on family size can help reduce waste and overspending.
Here are a few tips for conscious
spending during Ramadhan:
1. Set a budget – Treat Ramadhan like any other month in terms of consumption. The only change is meal timing, not the quantity of food needed.
2. Shop in phases – Instead of buying everything at once, opt for weekly shopping to adjust based on actual needs.
3. Avoid shopping while fasting – Hunger often leads to unnecessary purchases and overconsumption.
4. Estimate portions wisely – Prepare food in quantities relative
to familysize to minimise waste.
5. Think long-term – Excessive eating during Ramadhan often leads to weight gain. Prioritise mindful consumption for better health.
Ramadhan is a month of worship, charity and self-discipline, not excessive consumption. By adopting responsible spending habits, families can ensure financial stability and embrace the true essence of the holy month. The less we consume, the more we uphold the values of Ramadhan.
Raising awareness about responsible spending is essential to encourage sustainable financial habits.
The rise in consumer demand during Ramadhan is not limited to food but extends to luxury and household goods. This irrational spending behaviour contributes to inflation, increased imports and financial instability for many families.
Adopting mindful spending habits can significantly reduce food waste, promote sustainability and align consumption with the true spirit of Ramadhan - moderation and gratitude.
Marketing campaigns flood social media ahead of Ramadhan, influencing consumer behaviour and encouraging impulsive purchases. Studies show that social media platforms exploit psychological triggers to drive unnecessary consumption.
A Harvard study found that 59 per cent of social media users make unplanned purchases based on online content, highlighting the need for greater consumer awareness and self-control.
To prevent excessive household spending during Ramadhan, experts recommend a mindful approach to shopping.
Families should stock up on essentials gradually rather than making impulsive bulk purchases. Shopping while fasting can also lead to unnecessary spending, as hunger influences decision-making. Instead, setting a clear budget, shopping weekly and accurately estimating food portions based on family size can help reduce waste and overspending.
Here are a few tips for conscious
spending during Ramadhan:
1. Set a budget – Treat Ramadhan like any other month in terms of consumption. The only change is meal timing, not the quantity of food needed.
2. Shop in phases – Instead of buying everything at once, opt for weekly shopping to adjust based on actual needs.
3. Avoid shopping while fasting – Hunger often leads to unnecessary purchases and overconsumption.
4. Estimate portions wisely – Prepare food in quantities relative
to familysize to minimise waste.
5. Think long-term – Excessive eating during Ramadhan often leads to weight gain. Prioritise mindful consumption for better health.
Ramadhan is a month of worship, charity and self-discipline, not excessive consumption. By adopting responsible spending habits, families can ensure financial stability and embrace the true essence of the holy month. The less we consume, the more we uphold the values of Ramadhan.