Sunday, March 16, 2008

Licycle of An Executive's Salary


Click to enlarge

This seems to be a trend that I am noticing among young executives these days, especially when I observe most signing themselves up for long-term commitments (i.e. cars, home, etc.) and spending heavily (i.e. entertainment, mobile phones, etc.) when they don't even have enough savings to last for a year.

I am sure most have gone through their stages when they spend off their first paycheck, sign up for easy payment solutions which promises 0% interest at the expense of future income. It would be okay to indulge yourselves once in a while but do it wisely and save in the process, and pray hard that despite the rising inflation and economic conditions that you still have something saved up :)


NOTE : In this post, I have taken the liberty to include a larger picture but I have implemented a image viewer called Lightbox 2, so it should be pretty easy for you to view an image on an overlay instead of opening a new window or going directly to the image link.

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