facebookWhen u get a bonus at work, do you (1) spend it on yourself/family or (2) invest it? - Seedly

Mujimoro

25 Jun 2019

Random

When u get a bonus at work, do you (1) spend it on yourself/family or (2) invest it?

A bonus feels like just that - bonus money to spend on things you like (and deserve :)). How many of you spend your bonuses, as opposed to investing it?family

Discussion (8)

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Chin Guo Qiang

24 Jun 2019

Assistant Vice President, IT EUC at OCBC

Save 100% of the Bonus Amount into the savings account first for a month, then plan on what to do with it.

Careful planning makes the money work better.

For now I’m still saving up my emergency savings, so I maintain the same amount of expenses as any other months, putting that bonus into my emergency savings first. That being said, I think it’s ok to treat yourself but set a percentage limit of your bonus e.g 20% then save/invest the rest.

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Gabriel Tham

24 Jun 2019

Tag Team Member at Kenichi Tag Team

Invest it! Spend abit on celebration but the bulk is saved or invested!...

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