Typically (I think), Filipinos think of their compensation based on the monthly rate, as compared to other countries where they base their living on annual compensation. Anything received outside the usual monthly rate is being seen as a 'bonus'.
So for me, expenses should still be based on my monthly income regardless of the time of the year. As we expect December to be expensive (gift-giving, dining out, etc), I still try to make sure I am spending not more than my monthly income.
I see the 13th month pay and other bonuses as source of funds to pay out big ticket items like insurances, car PMS, realty taxes which are in time due for the end of year. So far, I don't have something big to buy yet this year, so after expenses and if there is anything left, then that would be sent to investments. :)
Tuluran si @scion02b! penge nlng po Hive sa mga investments hehe
To namang si Scion dami agad nasabi. charot lang
Minsan mapapa sana ol ka nalang talaga na walang bills to pay. PUSH sa more investments papayaman pa lalo.
Haha, kuripot kasi ako kaya I just delay any big purchase (assess need/want). So ideally, itatabi ko muna 13th month to absorb any unexpected expenses listed above. Sa investment ko muna tinatabi which also includes safe and liquid assets like Money market fund as an example :)
Kapag may sale at need ko na talaga, dun ako nagtritrigger to buy. :)