In this article, I will illustrate how I create my own income increment through dividend investing
...Given the current economic situation going into a recession, most of us might see our salary increment freeze or bonus cut again.. Even during normal economy cycle, the salary increment is most unlikely to match inflation. Very often , salary increment comes in at average 3% or below and a promotion raise of 5 to 10% if you are lucky. In some industries like telecom and O&G, some of my ex-schoolmates have been complaining that they have not received increment or bonus for ages. Some even have to take a pay cut to stay on the job. Nobody likes to be underpaid for sure and changing job might not be an alternative given the poor job market. Therefore , it is important to have a financial plan to get out of a stagnant income growth.
