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750k is a bonus to you and you should spend it wisely as in use it to lighten your burden in a long run. 30% - Emergency Fund 40% - Investment Fund (Low & Hig
by woahlife 13y ago
750k is a bonus to you and you should spend it wisely as in use it
to lighten your burden in a long run.
30% - Emergency Fund
40% - Investment Fund (Low & High Risk)
10% - Education Fund (Your children's education)
10% - Penny Fund (Use to cover your exceeded monthly expenses)
5% - Health Fund (Use to improve your health. Eg. Get a gym membership, eat health food, medical checkup)
2.5% - Entertainment Fund (Use to spice up your relationship with your wife, children or anyone important)
1% - Charity Fund (Do not give it all in one go. Give genuine tips and lend a little help to those out the streets)
1.5% - Do whatever you want to do with it.
Anyway this is just an example of how I would spend the money if it's given to me