7 Best Ways To Invest Your Bonus Money

Most individuals work round the clock to make a mark, at the year-end appraisal and hoping to get a sufficient bonus amount.

This is the time of the year when many companies along with appraisal declare bonus to their employees for their handwork and dedication. Most of the employees would have already started planning on how to spend the bonus amount.

If you are expecting a huge bonus, it is better to start planning on how and where to invest the amount. It is not advisable to spend all your bonus amount on non-income earning things. However, there is no harm is spending some amount on a hobby or for the family.

Before investing in any product make sure you have funds allocated as emergency funds which can be invested in bank fixed deposits, liquid funds etc., which can be handy in case of emergency.

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