Tuesday, November 20, 2007

Year End Bonus

As we approach December, many are looking forward to their year end bonus. With a better economy over the last 2 years, some are looking at more than 1 month's bonus.

An unplanned windfall will likely be squandered away unknowingly. Some plans a year end holiday, some shopping, buying some stuff they've been waiting for (money from bonus), save, etc.

While we should reward ourselves after a year's hard work, we should also plan to leave some money aside to reward ourselves later. With money set aside and invested, we will have more to reward ourselves while others are waiting for another year's bonus.

Time to relook at how we could best stretch our dollar and make a new year's resolution to be more savvy financially.

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