Diwali Bonus Tips: How to use Diwali Bonus, know here...

Diwali 2024 festival is about to come. This 5-day festival will start from 29 October with Dhanteras. Diwali will be celebrated on 31 October and 1 November. Employed people wait for bonuses from the office before Diwali. As soon as the Diwali bonus comes into the account, everyone's face brightens up. Most people spend the bonus amount on Diwali shopping. But if you show a little smartness, then you can do that work with the bonus amount, which will give you a lot of convenience in the future and everyone will be impressed by your wisdom and say - 'What a brain you have used, Guru'

Prepayment of loan
If you have taken any kind of loan like a home loan, car loan, personal loan, etc., then you can prepay the loan with the bonus amount. Your principal amount gets reduced with the prepayment amount and this reduces the burden of your EMI considerably. In such a situation, this decision of yours can give great relief.

Down payment of house
If you are planning to buy a house or any property, then the money received as a bonus can be used for your down payment. Builders come up with many types of offers on Diwali. In such a situation, you can book your house by using this money on Dhanteras.

Investment in FD
If your bonus amount is high, then you can get this money fixed. You will get interest in a fixed deposit and this will increase your amount even more. This money can be useful in your need later.

Emergency fund
You can also keep your bonus amount as an emergency fund. A person does not know when difficult times may come upon him, nothing can be said. Therefore, one should always keep an emergency fund with him.

Investment in gold
If you want, you can also buy gold with this money. By investing in gold, your hobbies will also be fulfilled and its price will also increase in the future. Buying gold on Dhanteras is anyway considered auspicious. If you do not want to buy physical gold with this, then you can also choose the option of digital gold.