I can't believe we are almost at the end of the month of Ramadan this year. Approaching Eid al-Fitr, for employees or workers it is time to enjoy holiday allowances or bonuses.
Bonus is an allowance that must be given by the company to every employee. Even if it is not issued, the company will be penalized.
Bonus money will really help us meet the needs for Eid if we can manage it well. So, how do you manage bonus money so it doesn't go to waste?
Tips for Managing Bonus Money, Prioritize These 3 Crucial Things!
Has your Ramadan 2022 bonus money been liquidated? If so, arrange your finances as best you can so that all needs for Eid can be fulfilled. Buying new things is okay, but prioritize the basic needs.
Tips for managing bonus money so that it is not wasted, use the money according to the priority of your needs. Here are some things that you should prioritize when the bonus money has been disbursed. Come on!
1. Pay Zakat
Paying zakat is one of the pillars of Islam which is obligatory for all Muslims. Every Muslim who already has responsibilities, is obliged to pay zakat for all his family members.
It is permissible to use bonus money to pay zakat. When the bonus is liquid, prioritize paying zakat. That way, bonus money can be more blessed because it is put to good use.
2. Fulfilling Basic Needs Ahead of Eid
Buying new clothes or investing bonus money is perfectly fine. However, it is better to prioritize basic needs first.
As we know, ahead of Eid, the cost of living tends to increase. Prices of basic goods such as basic necessities, food items and others will increase. Therefore, use your bonus money wisely so that you can meet the needs of life during Eid and in the future.
3. Fulfilling Obligations
Finally, take advantage of bonuses for those of you who have an obligation to fulfill something. Like debts or salaries of workers at home, immediately pay these obligations using bonus money.
They expect a bonus because they are informal workers, so the bonus is automatic from us. If we take it from the monthly money, it will interfere with the cashflow, so we take it from the bonus.
Those are some tips for managing bonus money and what to prioritize when the bonus money is liquid. Use your bonus money wisely.