The most awaited time of the year for most employees is Christmas. Why? because they will receive 13th-month pay and Christmas bonuses from their company or employer. Many companies are giving 13th-month pay to their employees to keep their morale high and also gives them a little bit extra to spend at an expensive time of the year. So if you’re an employee and you’re going to receive a 13th-month pay, it is important that you decide wisely where to use it. If you haven’t decided yet, here are the best ways to invest your 13th-month pay.
Best Ways To Invest Your 13th-Month Pay
Use it as a Business Capital
Using your 13th-month pay as a business capital is a smart move. Once you invest your money in businesses it will give you monthly income which you can save and use in the future. In addition, you can choose whichever business you like that best fits your capital.
Use it as a Financial Investment
This option is a great source of passive income, as long as you fund them on a regular basis. However, this option can be risky for newbies, but if you have experience in financial investment such as trading or stock investment, you may consider this option.
Use it as a Real Estate
If you’re not a pro when it comes to handling business and trading, this option is for you. It’s a sure thing that your 13th-month pay isn’t enough to cover the amount of real estate you want to buy, but you can use your 13th-month to pay for the downpayment and continue to pay it with your monthly salary until you finish it.
Use it to treat yourself
Treating yourself with your hard-earned money isn’t bad. You deserve to treat yourself after all the hard works you’ve done. If you have a dream place to travel to or an item to buy, then go for it. Treating yourself once in a while will lessen the stress and cheer you up.
Use it for your family
Christmas is the perfect time to love others especially our family, to be more thoughtful, and to pay more attention to those around us. So if you’ve already done all the things that we’re mentioned above, using your 13th-month pay to spoil your family won’t hurt rather it will give happiness for you and your family.
As a final point, you can do whatever you want with your 13th-month pay but be wise about it. What’s important is that you’ve been rewarded by your company for the effort and dedication you exerted in your job.