Jakarta, CNBC Indonesia – Everyone certainly has certain expenses that are paid for once a year, and don’t be mistaken that those expenses can trigger a drain on money in a savings account. Distributing THR and red packets to beloved family members on Hari Raya, insurance premiums, motor vehicle taxes, or organization membership fees and others, are some of the expenses that are always there every year.
Imagine, what happens if your financial condition is not good. It is very likely that your holiday allowance (THR) or bonus will be drained, or it could be the emergency fund savings that you will use to pay for it. And if you don’t even have emergency fund savings, maybe going into debt is the way to go.
To save post-Eid finances in 2024, prepare savings sinking fund from now on. Want to know what it is sinking fund and how to prepare it? Here’s the full review.