Workers are entitled to receive this annual benefit, which must be paid by December 20.
Allocating part of it toward the down payment of your future property can make a big difference in the conditions of your mortgage loan.
The Christmas bonus—an extra income that arrives at the end of the year—is a great opportunity to organize your finances. While you can use it to pay off debts, save, enjoy parties, gifts, or travel, it can also be the key to getting closer to your goal of owning a home.
It’s worth noting that, according to Article 87 of the Federal Labor Law (LFT), workers are entitled to this annual benefit, which must be paid no later than December 20 and must be equivalent to at least fifteen days of salary. If a worker hasn’t completed a full year of service, they are still entitled to a proportional amount, regardless of whether they are currently employed at the time of payment, based on the time worked.
So before spending it all on short-term expenses, consider these ideas to maximize its value and turn it into a smart investment. If your goal is to buy a home, here are some tips on how to manage your bonus effectively to help you get there:
- Invest your bonus in a competitive down payment: Putting part of your bonus toward the down payment on your future property can make a significant difference in your mortgage terms. A higher initial payment can help reduce your loan term and secure better interest rates, which will benefit your finances in the long run. There are various options, but generally, the required down payment ranges from 5% to 20% of the property’s value.
- Plan ahead for required procedures: Before jumping into the homebuying process, you should plan to cover costs such as property appraisals and legal document reviews. Setting aside part of your bonus for these initial steps will allow you to move forward smoothly and with greater peace of mind.
- Set aside money for taxes and notary fees: Purchasing real estate involves covering taxes and deed registration fees, which often represent a considerable percentage of the total cost. Allocating part of your bonus for these expenses will help you stay ahead of the process and complete the transaction without setbacks.
- Create an emergency fund: The process of buying and moving into a home often brings unexpected costs—from repairs to administrative adjustments. Setting aside funds for these situations can prevent financial imbalances.
- Save for the finishing touches that make a house a home: Beyond the down payment and legal procedures, you’ll need to invest in your new space. Planning a budget for basic furniture, painting, or improvements will help make your house comfortable and functional from day one.
- Explore year-end promotions with developers or real estate agents: Developers often offer special year-end promotions, such as discounts or flexible payment plans. Using your bonus as part of a direct negotiation can help you secure more attractive conditions.
- Seek professional guidance: You can also use part of your bonus to hire advisors who can guide you through property selection, financing options, and legal procedures. An initial investment in expert advice can save you time and money in the long run.
- Save for the future: If you’re not ready to buy yet, invest your bonus in financial options that yield returns, like government bonds (CETES) or investment funds. That way, your money can grow while you prepare to take the big step at the right time.
In summary: Your Christmas bonus can be the stepping stone to your new home—if you manage it wisely. Beyond immediate expenses, plan its use with a long-term perspective. With discipline, clear strategies, and expert support, this extra income can become the first brick in building your dream of homeownership. Make every peso count!
Guía rápida de Inversiones Inmobiliarias para Emprendedores
https://blog.vivanuncios.com.mx/bienes-raices/comprar-casa/calcular-enganche-de-una-casa
https://www.bbva.mx/educacion-financiera/ahorro/como-hacer-rendir-pago-de-aguinaldo.html
https://www.credimejora.com/informacion-hipotecaria/como-utilizar-aguinaldo-comprar-una-casa
https://www.inmuebles24.com/noticias/sabias-que/como-utilizar-tu-aguinaldo-en-bienes-raices
https://propiedades.com/blog/informacion-hipotecaria/planificar-el-uso-de-tu-aguinaldo
