Eid al-Fitr on a Budget: Celebrating with Love and Creativity...
Eid is a time for giving back.
Eid is a time for giving back.
Marriage itself doesn't guarantee financial security, but for some couples, it can lead to a higher combined income and potentially lift them out of poverty.
Research investment opportunities back home, like real estate, government bonds, or mutual funds, while considering potential risks and returns.
Don't share your bank account numbers, PINs, or passwords with anyone over the phone, email, or text.
Invest in a mix of assets like stocks, bonds, and real estate, depending on your risk tolerance and time horizon.
Take stock of how much you spent and where the money went.
Look for opportunities to do things yourself instead of outsourcing.
The 50/30/20 ensures your basic necessities are met before indulging in discretionary spending.
Beyond the strategies to overcome holiday debt, it's essential to develop a healthy mindset when it comes to holiday spending.
 When a significant portion of your income goes toward rent or mortgage payments, it leaves less room for savings, investments, and enjoying other aspects of life.