Religious Holiday Allowance or Tunjangan Hari Raya (THR) is one of the most anticipated things in Ramadan for it is used to celebrate Eid al-Fitr (Lebaran). Here are some tips on how to manage your THR.
Separate monthly salary and THR
First thing first is to separate your monthly salary and THR. Spend the salary for daily needs as usual, and spend THR for extra budget during Lebaran season.
Prepare for homecoming budget
Mudik, pulang kampung, or homecoming is the most common thing we do during Eid al-Fitr. It usually absorbs big budget, therefore we must prepare it wisely, including adding THR into the budget.
Pay the bills
You can use THR to pay the bills. This allowance can help ease financial burden.
Share & care
Ramadan is a perfect moment for sharing with others. You can use THR to do almsgiving.
Increase investment
You can use a certain amount of your THR for investment or increase the value of your investment. This can happen if you already fulfill the “mandatory” such as preparing for homecoming and almsgiving.
With THR, use this extra money with financial planning to enjoy the holiday season with family and share with the people in need.
