Скачать или смотреть I Got ₹50 Lakhs Bonus

Have you blown off your bonus already? 💴

A bonus is essentially a sudden inflow of money for a year's worth of hard work. Unfortunately, we are unable to attach the year's worth of effort to the bonus amount that we receive.

What do I mean by that?

For example - Let’s say you make INR 50,000 per month. Let's say you receive INR 2 Lakhs in bonus. Now this bonus is for 12 months of hard work. But when we receive it in April it feels like free money because we forgot how hard we worked for it. That's why bonus is spent easily compared to monthly salary.

If you so have some left over, there is another problem.

How do we invest this?

You could invest all of it in the stock market at one go but in the current situation when markets are volatile that might be risky. It's better to do an SIP and average your entry. But where will the money sit while you're doing the SIP? Most of you will say savings account.

There are 2 problems here:
1) Savings account give shit returns
2) Your propensity to spend that money is higher due to ease of access. Economics 101- Supply of money creates demand

➡️ This is what I recommend: Start a Systematic Transfer Plan (STP)

Park all the bonus in a low maturity Debt Fund and systematically transfer money from the debt fund to the equity mutual fund of your choice. Debt funds have better post-tax returns and are also less easy to spend compared to savings account.

TLDR: Psychology of spending bonus is different from regular salary. We treat it like free money. Start an STP to invest the bonus the most optimal and risk free way.

➡️ What did you buy with your bonus? Be honest and comment down below :) I will tell you if it was worth it.
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