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What do people spend their bonus on?
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<blockquote data-quote="David Yong" data-source="post: 251452" data-attributes="member: 3555"><p>In general most people spend their bonuses to clear debts. Your wife is right. There are many people out there who are spending future money (spend first and pay later concept) and that is why they repay it when they get their bonuses at year end.</p><p></p><p>I just got to know a friend who earns merely RM 2k a month and she bought a Gucci sunglass at RM 1.3k! Her concept is pay first via credit card, then repay back on installment scheme or via bonus later.</p></blockquote><p></p>
[QUOTE="David Yong, post: 251452, member: 3555"] In general most people spend their bonuses to clear debts. Your wife is right. There are many people out there who are spending future money (spend first and pay later concept) and that is why they repay it when they get their bonuses at year end. I just got to know a friend who earns merely RM 2k a month and she bought a Gucci sunglass at RM 1.3k! Her concept is pay first via credit card, then repay back on installment scheme or via bonus later. [/QUOTE]
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