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Tag: Wealth accumulation

One thing I will not be doing with any upcoming Pay Hike : Beyond Immediate Gratification

Posted on December 3, 2023December 2, 2023 by budgetsense

Salary increases are indeed a blessing that I never take for granted, especially in today’s uncertain economic times where job security is a luxury. Receiving a salary increase feels like a bonus, and even though there’s no assurance of it, I’ve already planned how to utilize any potential increase. Firstly, I won’t be frivolously spending…

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Optimizing Dividend Returns: Reinvestment vs. Spending

Posted on October 1, 2023September 24, 2023 by budgetsense

Deciding whether to reinvest your dividend returns or spend them entirely depends on various factors such as your age, lifestyle, and financial goals. On one hand, reinvesting dividends can be a prudent choice, especially for those looking to build wealth steadily over time. On the other hand, spending all dividend returns may be suitable for individuals who have already attained financial independence or have specific yearly return objectives in mind

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