July Bonus: How do you get the most out of this extra money?

July Bonus: How do you get the most out of this extra money?

Every July 15, all private sector workers who are on the payroll receive their bonus, extra money that many expect to receive to pay debts or spend it on entertainment.

However, due to the social and political situation, it would be best not to spend it. Here we tell you some options of what you can do with your gratification.

look for discounts

If you had some purchases of clothing, decoration or electronic products pending, look for the discount dates of the brands or stores where you usually shop on social networks. For example, Real Plaza will have a cyber from July 17 to 21, where you will find up to 70% discount on thousands of selected items.

plan a trip

We have learned that time with loved ones is the most important thing, therefore, if you were planning a trip with your parents, partner or friends; do not miss the opportunity to organize it with your gratification because they are valuable moments that will remain in your memories forever.

pay your dues

If you have accumulated some debts in these months, allocate your bonus to cancel or reduce your debts, this will help you organize your future income and have greater financial peace of mind.

Homeownership Fund

If your goal is to buy a house or apartment, and you are raising money for the down payment of your new home, do not hesitate and place your bonus in a savings fund. Thus, in a short time your money will grow and you will be able to meet the goal of acquiring your own home.

Source: Larepublica

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