Here's How To Manage Your Holiday Allowance So It's Not Wasteful

JAKARTA - Entering D-10 of Eid al-Fitr, a number of people began to wait when the Holiday Allowance (THR) to be disbursed. Yes, THR is one of the most awaited annual income bonuses for workers. For some people, THR is usually used to buy supplies for Eid al-Fitr. Some of it is also used to buy advanced necessities.

Unfortunately, in a pandemic situation like this, it is very important for us to be smart in managing THR so that it doesn't run out quickly. The reason is, it could be that will save you in the future. So for that, VOI editorial team will share information about how to properly manage your THR so as not to be wasteful.

Investation

One way to manage THR funds is by allocating them into investment funds. But first, make sure what type of investment you want to participate in. In order not to make the wrong choice, try to find out what form of investment is suitable for beginners, starting from the pros and cons. Once you're sure, you can start trying it. When in doubt, investment funds can be transferred to future savings.

Don't mix your finances

Do not mix monthly salary with THR funds. Because this will make it difficult for you to distinguish between money for monthly needs and funds that are allocated for special things. Distinguishing salary and THR will minimize mixing of monthly expenses with the desired spending,

Buy what you need not what you want

Even though the THR is intended to buy equipment to welcome Eid, that doesn't make you use the money for fun and then wasteful. One of the steps you can take is to make a list of needs and wants. In this way, you can easily consider which items you really need and which are not.