How Indonesians plan to spend, save, and give during Ramadan
Majority prioritize savings, while others focus on debts, investments, and charity
JAKARTA, Indonesia (MNTV) – As Ramadan approaches, Indonesians are gearing up for a season of reflection, generosity, and financial planning.
A YouGov survey sheds light on how the Tunjangan Hari Raya (THR)—a mandatory religious holiday bonus—will shape their spending habits this year.
The survey reveals that a majority (58%) plan to save their THR, reflecting a cautious approach amidst economic uncertainty.
Meanwhile, 27% intend to use the bonus to pay off debts, and 26% aim to boost their investment portfolios.
Charitable giving also stands out as a priority during Ramadan.
Nearly half of respondents plan to donate more than usual, embracing the spirit of generosity that defines the holy month.
Mosques remain the most popular channels for Zakat contributions, though many prefer direct donations in the form of staple goods or cash.
Indonesians are also focusing on personal well-being, with 43% setting aside funds for cosmetics and 38% for footwear.
These trends highlight a balance between self-care and spiritual obligations.
However, not everyone is confident about receiving their THR.
The survey of over 2,000 Indonesian adults shows that while 55% are certain they will get the bonus, 29% remain uncertain, and 15% do not expect to receive it at all.
The findings underscore the duality of Ramadan in Indonesia—a time for celebration and giving, tempered by economic concerns and prudent financial decisions.