3 tips to enjoy your holiday money yourself
Image: Getty Images
Summer is coming – even though it may not feel like it yet in terms of weather – and that means: holiday money. Good news for the wallet. But what is the best thing to do with this extra money? Three (saving) tips.
1. Financial buffer
It can be smart to set aside the holiday pay and use it to build up or increase your financial buffer. Always nice when a major expense is coming up, such as the inspection of your car, a boiler that needs to be replaced or a makeover of the children’s room(s).
2. Start investing
Those who already have a healthy financial buffer can use the holiday allowance to invest. Depending on the risk you can – and want – to run, you choose shares, bonds, ETFs, and/or commodities.
3. Do something nice for yourself
As a parent, you take care of your children all the time. Day in day out. Because it is important to (continue to) take care of yourself, you can also choose to do something nice for yourself. Like that beautiful bag that you’ve been walking around in your head for years, finally that city trip with friends or a day of shopping where you don’t just buy things for your offspring, but for yourself!
Source: Flash
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