Everyone gets excited about the Christmas season. Maliban sa festivities that comes with the sea-son, it is also the time kung saan natatanggap ng mga empleyado ang kanilang year-end bonus. Be-fore you start splurging, consider these ideas that would help you improve yourself and secure your financial future:
Pay off your existing debts
The first thing you should spend your Christmas bonus on is debts. Kung may existing na utang ka sa credit card, bills o mga kamag-anak at kaibigan, you should reduce or settle them off completely upang gumaan ang financial responsibilities mo at mabawasan ang stress na nae-experience mo mu-la dito. Unahin ang utang na may pinakamataas na interest para makatipid ka on interest charges, and work your way down your list.
Keep in mind na the more you prolong them, the more na mababaon ka sa utang dahil sa interest. Plus, everyone would agree na hindi maganda sa feeling ang pumasok sa bagong taon na baon sa utang. Your goal here is to start 2021 debt-free, kaya take this opportunity para gamitin ang extra money to clear ang mga outstanding balances mo.
Sharing is caring
Another way of making the most of your Christmas bonus is through donations. Christmas time has always been known as the season of giving, and you can use the extra money upang magbahagi ng gift baskets or meals sa mga taong nangangailangan nito. Pwede ka rin lumapit sa charitable institu-tions at mag-donate ng portion ng iyong bonus para suportahan ang kanilang advocacy.
Mag-invest sa negosyo
Having extra money may also mean having the opportunity para simulan ang pinapangarap mong negosyo. Instead na itabi ang buong Christmas bonus mo sa iyong savings account, set aside a por-tion at gamitin ito to invest on a new business like JuanLife. Hindi mabigat ang kapital nito dahil sa murang halaga na P10,000 lang, you can already become a JuanLife Distributor. Insurance business ito, kaya makakasiguro ka na in-demand ito year-round dahil kailangan ito ng lahat. You won’t face any challenges tulad ng pagkasira o pagka-expired ng supplies na common sa ibang businesses. Ang maganda pa dito, flexible ang requirements ng JuanLife business – you can sell it online or add it as a new offering kung may existing business ka na.
It will be a long road to profit and success, but with the right mindset and commitment, makaka-tanggap ka ng returns in no time.
Treat yourself
If you’ve lived frugally during the rest of the year, now is the best time upang i-reward ang sarili mo. It’s okay to indulge yourself because you’ve worked hard and you’ve sacrificed a lot upang makapagprovide sa pamilya mo. Kaya I-add-to-cart mo na ang shoes at damit na gusto mo, or yung latest gadget na pinapangarap mo – you deserve it.
Be wais in life and follow JuanLife Philippines on Facebook at face-book.com/juanlifephilippinesofficial for more financial tips
