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5 Smart ways to utilise your bonus money
1
Pay off high-interest debts. One must always look for ways to reduce their debt burden. ...
2
Build an emergency fund. ...
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Invest in a retirement account. ...
4
Invest in career enhancement. ...
5
Save for a down payment.
Here are nine ways to use a bonus to extend its benefits into the new year and beyond.
1
Pay off debt. ...
2
Max out your retirement accounts. ...
3
Invest in an index fund. ...
4
Check in on your emergency fund. ...
5
Contribute to a 529 plan. ...
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Invest in yourself. ...
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Move that bonus into a high-yield account quickly. ...
8
Save for your next vacation.
Chip Romig, MMR 423
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