With the advent of Eid-ul-Fitr not far away, the auspicious occasion calls for new clothes; children and adults look forward to celebrating the festival with new ‘joras’ or outfits to wear at Eid parties or family gatherings. A buying spree may have to be curtailed for some, in light of the current economic meltdown and spiraling prices; cash flow is hard to come by, and the innate desire to buy that ‘striking new print’ or that ‘perfect prêt-a- porter outfit’ may not always be possible, more so since you have recently spent a large sum of money on new clothes, for a family wedding or a celebration of sorts.
Undoubtedly, a new outfit, footwear, handbag or piece of jewelry always help to elevate one’s spirit. Consumer spending also has an advantage; it directly impacts the economy, increases production, creates employment and stimulates economic growth. However, saving a little today will help you buy more tomorrow.
Here are some tips on how to ‘Buy Smart.’