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5 Smart ways to utilise your bonus money

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Pay off high-interest debts. One must always look for ways to reduce their debt burden. ...
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Invest in a retirement account. ...
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Invest in career enhancement. ...
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Save for a down payment.

Here are nine ways to use a bonus to extend its benefits into the new year and beyond.

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Pay off debt. ...
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Max out your retirement accounts. ...
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Invest in an index fund. ...
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Check in on your emergency fund. ...
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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. ...
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Save for your next vacation.
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