Shaping Festival Financing and Expenditure: A Fair Assessment of Bangladeshi Earnings Capable Residents

Abstract

Bangladeshi earnings capable residents plan to finance from their bonuses, salaries, and savings etc. as the sources of festival financing to meet the expenditure related to celebrate the festivals. Peoples spent more on purchasing dresses, festivals items for the festival day entertainment and transportations. Study finds that males are spending more than the females to celebrate the festivals. Study finds positive correlation between festivals financing and expenditure. However, there is a negative correlation exists between the scope of savings and festival expenditures. Bangladeshi people have a little chance to save from festival financing. Ranking shows that, peoples give more emphasize on religious festivals than other types of festivals like family festivals, social festivals, national festivals etc. To celebrate festivals, people spend more on purchasing new dresses. People can save a portion of money during festivals if they reduce the purchasing more than one new dress and reduce the festivals items to entertain.

Keywords

• Festivals
• Financing
• Expenditures
• Reducing Expenses
• Earnings Capable Residents

How to cite

Zulfiqar Hasan (2020). Shaping Festival Financing and Expenditure: A Fair Assessment of Bangladeshi Earnings Capable Residents. Sonargaon University Journal, 3(I & II), 1–11.

@article{hasan20201,
  title   = {Shaping Festival Financing and Expenditure: A Fair Assessment of Bangladeshi Earnings Capable Residents},
  author  = {Zulfiqar Hasan},
  journal = {Sonargaon University Journal},
  volume  = {3},
  number  = {I & II},
  pages   = {1--11},
  year    = {2020},
  issn    = {2518-3125},
  url     = {https://su.edu.bd/journal/volume-3/shaping-festival-financing-and-expenditure-a-fair-assessment-of-bangladeshi}
}