5 Smart ways to utilise your bonus money

Pay off high-interest debts. One must always look for ways to reduce their debt burden. ...

Build an emergency fund. ...

Invest in a retirement account. ...

Invest in career enhancement. ...

Save for a down payment.

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

Pay off debt. ...

Max out your retirement accounts. ...

Invest in an index fund. ...

Check in on your emergency fund. ...

Contribute to a 529 plan. ...

Invest in yourself. ...

Move that bonus into a high-yield account quickly. ...

Save for your next vacation.