Welcome ber months! Its the busiest season of the year. And for us Pinoys, sobrang haba ng ating Christmas celebration.
Nakaka-excite kumain ng puto bungbong, makinig ng mga batang nag cacarolling or maglakad lakad sa malamig na weather. But ofcourse, ang most awaited ng mga employees ang 13th month at 14th month pay or Christmas Bonus.
If you are thinking of fancy things to buy, food to feast with or mall sale to raid after receiving your bonus, why not spend it on things that are more meaningful and will really last.
Sharing with you some of the meaningful ways to spend your Christmas Bonus:
Pay off debts
Do you have a debt that’s been long overdue it can be a credit card debt, loan or a debt to someone. Why not use your bonus to pay off and clear atleast one of those in the debt list.
Bless someone
Christmas is the season of giving. Treating someone, blessing a charity or even one family is one of many meaningful ways to spend your bonus this season. As they say, “blessing to you, blessing through you”.
Invest in memories
Why not set aside a portion to spend quality time with your family? Schedule a trip or vacation and make memories for a lifetime with your spouse and kids. Money spent in making memories is never a waste of resources. Just don’t spend it all, set a budget for vacation from your Christmas bonus.
(Read: How to have a budget friendly family travel)
Additional fund for emergency fund
Are you also building your family’s emergency fund? Setting aside a portion of the bonus for it will even help you start your money right for the following year. As I always share during my workshops, ito ang isa sa magandang unang financial goals as a family.
(Read: Building your emergency fund)
Invest for your child’s education
And another meaningful way is to save and invest for our child’s education. Think long term!
Instead of putting your child’s future college fund in a regular bank account, we can also consider VUL products.
Investment and Insurance in ONE! Parang combo meal mommies.
There you go mommies! Hope these list can help you decide where to spend your Christmas bonus.
Let’s use our hard-earned money wisely.
What about you tipid mommies? In what meaningful ways do you spend your money?
Merry Christmas!
Thanks po dito momshie. 🙂
You’re welcome 🙂
These are really great tips. It can be so tempting to just blow your bonus on stuff sometimes, but it really does pay to be mindful.
Agree, we need to be mindful of how we will spend our hard earned money 🙂
Great ideas. Christmas really is in the air now! I love the one where you spend it with memories. Yes, if you can just travel with the family, it is a gift that will last forever.
Yay! Thanks Mommy Marie, traveling is an investment to our kids core memories 🙂
Definitely agree with the last one. As early as now, we’re saving up for our son’s college expenses. Mabuti na yung handa. 🙂
Good job mommy! mas ok na mag-start tayo early 🙂
This is really knowledgeable, iba talaga kapag may mga partners tayo sa pagbabalance ng budget, kelangang-kelangan talaga natin to kasi magpapasko na! Thanks mommy!
Thank you Mommy Ramona 🙂
Great tip Mommy! Ako kapag nakakatanggap ako ng bonuses nung nasa corporate world pa ako, pambayad utang muna, then kapag may sobra nag-iinvest ako sa appliances na kapaki-pakinabang sa house such as autowashers, energy saving ref.
Agree sa pagbabayad muna ng debts para ok din start ng finance ng following year 🙂
Thank you for sharing this. Aside from investing for our kid’s future, I agree on investing on memories. I wish to have a family staycation before the year ends with our new bundle of joy.
Yay! Congrats again Mommy Angel kay baby #2! Super Cute!
Great tips! Sana I can follow a few!
Thank you for the tips. I haven’t had a 13th or 14th month pay for a long time though … hmmm, maybe I should ask my hubby to give me one. Kidding aside, we always make sure that we are debt-free before the year ends.. or simply avoid using the credit card.
Tama, bayad muna utang. Although it’s very tempting not to, diba? haha!
We don’t have big bonuses, so what we’ve learned is to be wise with our Christmas bonus. We decide on what we spend on – such us who we give gifts to this year, who to bless, and how much to use for the family celebration. 🙂
This is great. I have ready invested in Mutual Funds and I am looking into VUL too.
nice tips mommy…no1 on my list po ay ang education ng aking mga anak kaya naman talgang pinipilit ko po makapagtabi kahit konti para sa pag aaral nila😊