Spending and allotting your highly anticipated BONUS could be hard and tricky sometimes, you need to take into consideration a lot of stuff. Here, we share with you best ways on how to make use of your Christmas Bonus. Sure, most would say that “go splurge or buy something for yourself since you have worked hard the whole year” phrase, but take a pause and breathe. Its not all about glamour, pal!
Here are some ways on how to effectively use those crisp bills. We are not suggesting you do all these, not unless you’re earning like a Trump.
DONATE TO CHARITY
It ain’t bad to-sometimes- share out a li’l part of your hard-earned-money to help others, particularly, the less fortunate. Sharing is caring, go ahead and allot a small amount that will go straight to your chosen charity. It may be a small amount but that will totally bring a good help for them.
As they say, helping charity is not like buying something from the mall, the fulfillment may not be instantly seen but it will definitely be felt.
HAVE A HOME REPAIR
Sure, you have the latest gadget to match your new sneaks, but wait up! The roofing need some repair. Know what we’re trying to say here? Go on and start doing the house repair, spare some bills and turn your tarnished abode into a new home.
Little repairs can do a lot, we don’t mean you to have a house makeover right away, what we are suggesting here is for you to cure the manageable ones, while you have those bills on your palms. Fix it!
FURNITURE & APPLIANCES
Once in a while, why not buy something for the good of the whole household, say a new sofa to comfort pops back? or perhaps a new kitchenware that will totally help your mom do the kitchen magic. Aside from treating yourself with lavish goods, we thought that availing an additional furniture or appliance for the house will always gladden not just you, but the whole family.
TIME TO MAKE A BANK SAVINGS
Be responsible. You might have earned a big chunk of moola from this years bonus, but never, ever forget to save some. Go ahead and open an account. As an adult, you are entitled for a passbook and you are tasked to fill it for future use. trust us when we say that you’ll soon realize that it’s a big help. Save while you’re young.
INVEST ON INSURANCE
If you are not too convinced with bank savings, you can try investing for an insurance. Nope, we are not taking about car investments or condos. Go for something that appreciates! Go for something that the value doubles up as time goes by. Invest on something that you will be proud of in the future or- always think of this- Invest on something that will make you say these lines in the future “OH GOOD LORD, GOOD THING I INVESTED ON THIS OR ILL BE BROKE AS HELL”. Go for a life insurance or a retirement insurance, the choices are endless.
GO ON A HOLIDAY TRIP WITH THE FAMILY
If you’ll notice, the latter numbers were kinda strict, we are just setting things straight here. But, hold up! We also want you to enjoy your bonus, and by enjoying we mean: “WHY NOT GO ON A TRIP WITH THE FAMILY?” Yes, family should always come first.
This is the time for you to spend more moments with them. You’ve been working so hard for the past months and the only chance you see them is at night when they are fast asleep or in the morning where everyone’s busy prepping up for the day. So why not, do a little favor for yourself and for them, let your blessings be felt by the members by going on a local road trip or a simple international get away, right?
PAY YOUR DUES
Oh before you think of the next item that you’ll buy in time for the Holidays, be mindful also of your dues. May it be the electricity bill waving at you, or your all-year-round-agony bill that only your credit card company can give. be sure to settle them first, okay? Welcoming the year is so delightful when you are fuss free, debt free and credit free!
It’s the season of sharing, aside from donating some on your chosen charity make your presence be felt by your friends and loved ones. Go and share a simple gift for them, write a simple letter and make this Christmas count.
Of course, you cant shy away from the fact that you also need to treat yourself. Go for your me-time-sesh, may it be a shopping spree on a budget or a relaxation spa. Go ahead and give yourself a spoil. It won’t hurt the bank if you shed a bill for your simple happiness. Just put in mind the goal of saving and keeping your future bright and ready, okay?
BE AN ENTREPRENEUR
We don’t mean you to put up a restaurant or brush a brand inside a mall, you can start small. Be an entrepreneur, for extra income. All big businesses started small, so why not take a deal. You’ll be surprised that eventually that small business of yours earns more than your regular job.