Did you get a Christmas bonus?

December 22, 2011

Thanks to Percy for suggesting I should write an article on what to do with a Christmas bonus...  it gave me a perfect opportunity to use a National Lampoon's Christmas Vacation clip! 

Unfortunately, most people have had a Christmas bonus similar to Clark's this year.  It seems most Christmas bonuses have gone the way of the dodo.  Just in case you got one, check out my five serious and my five not so serious  ways to spend it.  Also, I've added some awesome Christmas clips below that. 

Five (serious) things to do with a Christmas bonus:

1.  Pay off credit card debt

2.  Start an emergency fund

3.  Give to charity

4.  Do something nice for someone (pay someone's grocery bill, restaurant check, etc)

5.  Start a Roth IRA

 

Five (not serious) things to do with a Christmas bonus:

1.  Buy all of the $2 movies at Target (ok, this was very tempting)

2.  Use as a down payment on your new Lexus present

3.  Buy the pet monkey you've always wanted

4.  Loan it to a family member at a high interest rate

5.  Day trade!

 

Not sure how I found this one... but hopefully you don't have to resort to this!

 

Comments

I vote for (not serious) option #5

Yes, I will be playing the stock market with my X-mas bonus, and I'm proud of it!!  Many of our ideas on money are the same, my friend... but on the topic of lets call it "short term trading", we completely disagree.  They say 80% of traders historically can't beat the market.... so I figure as long as I can beat the market, I am doing something right.... btw, the market (S&P) lost .4%  this year.  I will take my chances with a more aggressive strategy, thank you!

I will cream the market once again in 2012, and live to tell about it. 

Percy

BTW, Great clip!

I'm pulling for you and will

I'm pulling for you and will be happy to report your success Laughing

I vote for serious option No.

I vote for serious option No. 1: Pay off your credit card debt.

Actually, if people do still receive Christmas bonuses, this would make for a really great movement to get behind. Use Kickstarter to buy airtime during CBS college basketball through December. Get the guy who does the voiceover for that Lexus commercial to say, "For Christmas this year, buy back your own freedom."

Eric - I like it.  I aspire

Eric - I like it.  I aspire to have a 'movie trailer' voice so this could be my big chance...

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.