Ming Feng from Seedly asked me if I have any advice for what people should do with their bonus.

So I thought I will share the answer I gave to you guys and gals as well.

I often felt that I am in no position to tell you what you should do with your money.

You spend the past year slogging to get this reward, so I think you should decide what you want to do with it.

However, if you are looking for ways to allocate your bonus in a fundamentally sound manner, then perhaps I can share some stuff.

Certain Bonus versus True Performance Based Bonus

How you allocate your bonus depends on the certainty of the bonus.

For some people, their bonus is “part of the package”, either negotiated on an annual basis or due to the historical bonus nature within the company.

For my case, I …