Income - Evaluating my source of money
Total income (after CPF deduction) for 2016 is broken down into 4 main categories:
- Salary - 67.4%
- Bonus - 30.5%
- Benefits - 0.9%
- Others - 1.1%
Benefits are subsidies which I received from my company for qualified spending on my well-being, such as insurance, air ticket, dental etc. As I am tracking these spending under my 'expenses', the corresponding subsidies have to be tracked under 'income' so that my 'savings' (income - expense) will tally.
Others are additional ad hoc income from special events, such as doing paid survey, red packets and IPPT award.
