Friday, 21 April 2017
Read? No More Year End Bonus!!!
Read? You Can't Eat XIRR!!!
All these years since Uncle8888 has started to acquire competency on personal finance and investment; he has learnt to avoid over-spending and under-spending his earned income by budgeting on last year earned income and bonus.
2018 Household Budget = 2017 B/F Cash Flow (Leftover) + 2017 Investment Income + 2017 Interests