Jakarta, Armfalcon.com – SKB 3 Ministers regarding joint leave for Eid 2023 has been officially revised. The 2023 Eid holiday will start from April 19 to April 25, 2023.
Do you think this holiday has been long enough? Or even vice versa? What is clear is that the Eid holiday will last seven days if you do not intend to use your leave rights.
It’s no secret, of course, when there is remaining holiday allowance money (THR), the desire to shop for things you like, eat at restaurants, or other consumptive activities is also high.
The rest of the funds that you should be able to use for useful things just run out due to activities that are less productive.
It’s not just running out, sometimes consumptive temptations can also drain your savings. And this can be dangerous in the long run.
If you don’t want that to happen to you, just do the following things.
Evaluation of monthly expenses
Do you often subscribe to apps that you never use because you’re too busy working? If so, then take advantage of the long holiday to evaluate all expenses that are not productive as mentioned earlier.
Maybe you feel that the amount of expenses is small, only zero point a few percent of your monthly salary, but know that little by little it will be a hill.
The number of small expenses that can make the total value of your expenses swell. As a result, you may find it difficult to save or invest.
Pay off some debts
Ideally, before you spend money on things you want, it’s a good idea to pay off some of the outstanding debt.
Say, you still have credit card installments in the next few months. You can make payments with a quarter or half of your THR money right now, so that next month and so on, you don’t have to pay installments anymore.
Or you can also pay off the principal mortgage loan (KPR) that is still ongoing so that the monthly installments are lower.
In fact, debt is a passive expense that can burden your cash flow every month. Without debt, your ability to save and invest will also get better.
Take advantage of holiday moments for neck up investments
Don’t just spend money on the things you want, take advantage of this long holiday moment to invest in yourself, for example by buying and reading books that can be useful for your career and self-development.
No need to hesitate to spend large amounts of money to invest in yourself. Always remember that time goes on, business and technology will develop very quickly.
You are also required to be able to adapt and develop yourself in a short time.
Develop an investment strategy going forward
You can also make good use of the holiday moments to rearrange your short and long term investment strategy.
Check your investment portfolio, review the assets that are there. If you own stocks, then do a re-analysis of the performance of the issuers in your portfolio.
Maybe, there are some stocks that you deserve to add to your ownership after the Eid holiday is over, or vice versa.
Next month there will be THR, payday & joint leave, beware!