Tips For Developing Lebaran Homecoming Budget So That Pockets Don't Leak

Tips For Compiling The Lebaran Homecoming Budget (Towfiqu barbhuiya Image - Unsplash)

YOGYAKARTA - Ramadan has arrived and that means we also have to think about going home. Of course, it requires a budget that is not small considering the distance and the number of families we have. That means we need tips on formulating the Eid homecoming budget so that it doesn't make us dizzy.

The Importance Of Managing Finance When Homecoming

There are several expenditure posts that must be carefully planned in designing finances for homecoming. Each post requires a different nominal range. This is because financial management when going home is needed to avoid some financial risks.

1. Using the Financial Application

Of course, in this sophisticated era, you can use several financial applications that can be used to support in managing homecoming finance. Choose an application that is easy to use according to your needs. You can also monitor expenses in real-time and in detail so that homecoming finances remain efficient and avoid overspending.

2. Create a Comprehensive Budget Plan

Make a budget plan containing the budget that will be issued during the homecoming expedition, starting from transportation tickets, food and drinks, and other budgets. Forecast possible expenses along your hometown, for example going to relatives' homes or buying souvenirs. Make a realistic budget and according to your financial situation.

3. Comparing Ticket Prices and Accommodation

If you decide to use public transportation, do a study by comparing ticket prices and accommodation. Choose a service provider who provides the best price and it is clear that it matches your budget. Compare the prices of various platforms, such as a website for booking tickets and accommodation or a comparison site. Take advantage of the discounts and existing promos to save your expenses.

4. Prepare Emergency Funds

Make sure the existing emergency funds are good before leaving so that you are not trapped in financial risk along the way back and forth.

Financial Risks That May Happen If Not Planned

Homecoming finances need to be carefully planned to stay away from some of the financial risks that may occur. The frequent financial risks are expenses that exceed the budget (overspending). If this matter is carried out, the homecoming finances will stall so that it is forced to use funds that have been allocated other purposes only to meet the needs of going home.

Emergency funds are things that should not be allowed to go home planning. Often unexpected events occur when returning home, so it requires extra spending to fulfill them. Homecoming finances will not be delayed if they already have extra funds for unexpected things.

1. Use Public Transportation

Each mode of transportation has advantages and disadvantages in terms of price. For example, choosing a train or bus that is cheaper than using an airplane. Whatever the mode of transportation option, make sure you apply your strategy so that spending is more efficient.

2. Make the right time to leave

Public transportation ticket prices can experience an all-time increase in holidays. Stay away from these times if possible so that you can take care of transportation expenses. For example, departing on weekdays or before and after the peak of the holiday season in order to get cheaper transportation ticket prices.

3. Staying at Relatives' Houses

This strategy can be an alternative that is more efficient than spending the night at the inn. You will feel together on a fitri day to let go of longing with you. Before leaving for your hometown, coordinate first with the host and respect the house rules during the stay.

To be more economical, you can also read: 'Types Managing Finance Ahead of Eid' so that the budget comes out in accordance with the plan.

So after knowing the tips for compiling the Eid homecoming budget, see other interesting news on VOI.ID, it's time to revolutionize news!