Many devotees observe a fast on Nag Panchami. Fasting is believed to purify the body and mind, leading to spiritual and material benefits. The practice of fasting with devotion can help in attracting prosperity.
Charity is a significant part of the celebrations. Donating food, clothing, or money to those in need on Nag Panchami is considered a noble act. It is believed that acts of kindness and generosity invite blessings of prosperity and abundance.