Meaningful Ways to spend your Christmas Bonus

Oct 6, 2018 | Money Matters

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.

Meaningful Ways to Spend Your

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.

deptpayment

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.

Memories

(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!

xo

18 Comments

  1. Cielo Jonna

    Thanks po dito momshie. 🙂

    Reply
    • Mommy Gracie

      You’re welcome 🙂

      Reply
  2. Patty | MrsC

    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.

    Reply
    • Mommy Gracie

      Agree, we need to be mindful of how we will spend our hard earned money 🙂

      Reply
  3. Marie

    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.

    Reply
    • Mommy Gracie

      Yay! Thanks Mommy Marie, traveling is an investment to our kids core memories 🙂

      Reply
  4. Czjai Reyes-Ocampo

    Definitely agree with the last one. As early as now, we’re saving up for our son’s college expenses. Mabuti na yung handa. 🙂

    Reply
    • Mommy Gracie

      Good job mommy! mas ok na mag-start tayo early 🙂

      Reply
  5. Ramona Jessica F. Nadong

    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!

    Reply
    • Mommy Gracie

      Thank you Mommy Ramona 🙂

      Reply
  6. Clarinda Santiago

    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.

    Reply
    • Mommy Gracie

      Agree sa pagbabayad muna ng debts para ok din start ng finance ng following year 🙂

      Reply
  7. Angel Enero

    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.

    Reply
    • Mommy Gracie

      Yay! Congrats again Mommy Angel kay baby #2! Super Cute!

      Reply
  8. Kaycee

    Great tips! Sana I can follow a few!

    Reply
  9. Edel

    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.

    Reply
  10. May Palacpac

    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. 🙂

    Reply
  11. The Super Momma

    This is great. I have ready invested in Mutual Funds and I am looking into VUL too.

    Reply

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Tipid Mommy

Tipid Mommy is a mom blog aiming to inspire women, wives and most especially moms to live a joyful life within the budget.

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