Let's Not Run Out Immediately, Here Are Tips For Managing THR

Illustration (Tima Miroshnichenko/Pexels)

JAKARTA - Entering the D-9 Eid al-Fitr holiday, a number of people are starting to wait for the time when the holiday allowance (THR) will be disbursed. Yes, THR is one of the annual income bonuses that workers are waiting for the most. For some people, THR is usually used to buy equipment to welcome Eid al-Fitr. Some are also used to buy further needs.

Even though it's called a bonus, it's still very important for you to be good at managing THR so that it doesn't run out quickly. The reason is, it could be THR that will save you in the future. So for that, here VOI shares information about how to manage good THR so as not to be wasteful.

Although the THR is intended to buy equipment to welcome Eid, it doesn't make you use the money for fun and then wasteful. One of the steps you can take is to create a list of needs and desires. In this way, you can easily consider which items really need and don't.

One way to manage THR funds is by allocating them into investment funds. But before that, first make sure what type of investment you want to follow. In order not to make the wrong choice, first try to find out what form of investment is suitable for beginners, starting from profit and loss. Once you are sure, you can start trying it. If in doubt, investment funds can be transferred to future savings.

Don't mix monthly salaries with THR funds. Because this will make it difficult for you to distinguish money for monthly needs and funds earmarked for special things. Distinguishing salaries and thr will minimize the mix of monthly shopping with desire spending.