The most recent data released by the Inegi placed inflation above 8%, more than double the upper range of the central bank.
After a year of work, it’s only fair that you pamper yourself and treat yourself, like a trip or buying Christmas presents, yes. However, given the economic panorama that is seen, you have to make intelligent use of your resources, including the Christmas bonus.
Recommendations to take care of the Christmas bonus
As you know, employers have until December 20 to pay the bonus -at least a fortnight, based on the Federal Labor Law (LFT)-. You must be clear about the amount you will receive to better plan your expenses.
To make better use of this extra money, the first thing you have to do is create a budget and not exceed the limit of expenses that you have chosen.
compare prices of the products and services that you are going to buy or contract, recommend Juan Luis Ordaz, director of financial education at Citibanamex and Alberto Djamal, SEO of the fintech of electronic payments Klu.
Even if they cross your path irresistible offersAvoid impulse purchases. If the temptation was greater than your discipline to comply with what you had budgeted, before buying, make sure that the offer is real and not a hoax, adds the Citibanamex executive.
It is important to take care of money in this time of high prices, because the january cost It looks steeper than in other years.
An alternative that Klu recommends for year-end gifts is to participate in exchanges with family and friends. In this way you will not have any regrets for not giving a present to all the important people in your life.
Use rationally your Credit cards and do not abuse the months without interest. Likewise, get the most out of all the benefits of your card. If you make purchases online, generate digital CVVs and activate alert services for greater security in your transactions, underlines Juan Luis Ordaz.
Now that the January slope does not look good at all, it is important that you have a greater liquidityso you can diminish either pay off debts that you have, especially those with a higher interest or those that you have contracted at a variable rate. For this, recommends Djamal de Klu, you can allocate at least a third of your Christmas bonus for this purpose.
Another option to use the Christmas bonus is to invest. Currently there are platforms that allow you to buy only a fraction of shares, collapsing the myth that only people with very large sums can put their money to work.
After the coronavirus pandemic and the war in Ukraine showed us that nothing is certain in this life, and the landscape can change from one moment to the next, it is important that you have a saved wool to deal with unforeseen events.
Flink, the investment platform, suggests that, at the very least, that emergency “cushion” is enough to cover all your expenses.