Saving your work bonus

By You and Money

You’ve worked hard, so it’s important that you reward yourself a little with your bonus. But you don’t need to spend it all it once – and it may be a good idea to invest half of it.

  • Put some into your savings – deposit some of your bonus into a high interest savings account and watch the money grow.
  • Pay off your debts – this should be your top priority if you have growing debts. It’s a perfect chance to knock a decent amount off of your debt and start getting ahead.
  • Reward yourself – have you been thinking about a weekend away or a new appliance? Then reward yourself. A bonus usually only happens once a year, so enjoy it while you can!

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