Eid is one of the most beautiful seasons for Muslims in Nigeria — the smell of fried meat, the joy of gathering with loved ones, the fresh outfits, the generosity. But let’s be real…
Eid can finish your money.
Whether you earn ₦50k or ₦500k a month, it’s easy to overspend on things that feel necessary at the moment — but end up stressing you later.
So here’s how to enjoy Sallah fully while still being money-wise.
1. Create a Realistic Eid Budget — and Follow It
Make a list of what you must spend on this Eid:
- Foodstuff (rice, tomatoes, oil, spices, soft drinks)
- Ram or goat (or chicken, we won’t judge)
- New clothes (if needed)
- Transport for visits
- Giving (zakat, relatives, beggars)
- Data for uploads (yes, Instagram must see your drip)
2. Team Up for Animal Purchase – You Don’t Have to Buy It Alone
Rams are expensive — especially close to Eid. Instead of buying a whole animal by yourself, partner with your siblings or neighbours.
Buy one goat, split it three ways.
You’ll still have peppered meat to eat, still fulfil your Sallah spirit — without bleeding your wallet.
Pro Tip: If buying live animals, check before the prices spike. Or visit local abattoirs early in the morning for deals.
3. Restyle Your Old Outfits — No One Will Know, Trust Us
Let’s talk fashion pressure. Every Sallah, Instagram and TikTok are full of new kaftans, agbadas, abayas, gele, and sneakers.
But truth is — you can look fresh without buying new.
- Reuse a previous outfit and restyle it.
- Sew with affordable but nice fabric (ankara is still gold).
- Add a new cap, scarf, or accessory.
- If you must slay, sew early to avoid “tailor has not delivered” heartbreak and emergency spending.
4. Plan Meals, Share Responsibilities
Food is one of the biggest Eid expenses — especially when guests are expected.
But instead of cooking 7 different dishes to “impress”, stick to the essentials:
- Jollof or fried rice
- Swallow and soup
- Protein (peppered meat, grilled chicken, fish)
Cook in bulk with your siblings or relatives and buy ingredients from wholesale markets
Better yet — if you know you can’t handle guests this year, celebrate quietly. Eid is still valid even if you don’t feed the entire street.
5. Manage Movement – Transport Can Eat Your Pocket
If you’re visiting friends, family or even travelling out of town:
- Book early. Transport fares may double due to a surge.
- Use public transport or ride-share
And if people are coming to visit you — give directions well so they don’t call you 10 times and finish your airtime
6. Set a Gift Limit – Generosity is Not About Amount
Giving is part of Eid — but don’t feel bad if you can’t give everyone ₦5k each.
- Give what you can, not what people expect.
- Small envelopes of ₦200–₦500 for kids go a long way.
- Buy snacks, drinks, or even offer prayers for those you can’t support financially.
Your intention matters more than the amount.
BONUS TIP: Start Saving Early for the Next Eid
Sallah happens twice a year. Why wait till the last minute?
Start dropping ₦10,000 into your GTI Target Savings Account and earn up to 14% p.a.
By the time the next Eid arrives, you’ll already have enough for meat, foodstuffs, and perhaps a new outfit, with no pressure.
For more money tips, speak with a wealth advisor. Call: +2349126694417 Email: gtiamt@gti.com.ng