What Do You Use Your Additional Income For?

[Suba]

It's undeniable that in addition to our primary income, we also earn additional income, whether from freelance work or bonuses from work. We're often asked to help with financial statements and tax returns by small businesses, and we consider this additional income.

According to a Business Insider survey, lower-class people often use their additional income to pay off debt, make purchases, or indulge in other activities. The middle class uses more of their additional income to increase their savings. Meanwhile, the upper class prefers to use their additional income to increase their investment portfolio.

Personally, I use some of my additional income for pleasures like treating friends and making small donations to those in need, and some to add to my investment portfolio. What about you?

 

[Starmix]

I save my extra earnings from my side hustles and, most importantly, from my business. I also share some with my family and relatives.

 

[Augusta]

It still goes towards living expenses and essentials (Needs), 20% of it go towards debt reduction and savings

 

[Springtime]

I will save a portion of the additional income. Spend some for leisure activities.

 

[Starmix]

I seldom have leisure time. I have many works, but during weekend I swim in the sea with my deep sea swimmer friends, play lawn tennis shortly, and proceed to the mall for my business.

 

[Min George]

I use additional income to supplement my basic expenses and also save some of it. I also use some additional funds for entertainment

 

[eLdavis]

There are times i use my additional income to boost my businesses, pay for a new course to learn a skill, or i just use the extra income to sort out my many bills.

 

[Augusta]

If I have nothing important to do you can put it in fixed deposit which is what I do sometimes to save it

 

[Kross]

When I have additional funds, I save it to use and buy studio equipment for my music studio. That's how I got most of my studio equipment.

 

[Augusta]

Sometimes you don't even have to use it. you can just be storing it. it gives you peace to know you have money