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Hello Bonus... Good Bye Bonus

post #1 of 19
Thread Starter 
I just got my Christmas bonus today!


I just sent the majority of it to pay off a credit card!


It's a case of hello goodbye at my house today.
post #2 of 19
Well, it's a nice hello/goodbye though!
post #3 of 19
Yep, all for a worthy cause.
post #4 of 19
Yup know the feeling - my bonus went toward replacing two 18 year old appliances...a leaky dishwasher and a over the range microwave that did not work 1/2 the time..
post #5 of 19
Thread Starter 
Quote:
Originally Posted by Hell603 View Post
Yup know the feeling - my bonus went toward replacing two 18 year old appliances...a leaky dishwasher and a over the range microwave that did not work 1/2 the time..
At least you have stuff you can look at. All I see is a shrinking ballance.
post #6 of 19
I know the feeling. For almost 2 years now.....most of my paycheck, and quite often all of it, has gone to pay off debt.
post #7 of 19
Quote:
Originally Posted by lookingglass View Post
I just got my Christmas bonus today!


I just sent the majority of it to pay off a credit card!


It's a case of hello goodbye at my house today.
That's a very smart way to use your Christmas bonus. Congratulations!

I haven't gotten a Christmas bonus yet but we usually do get a small one. However, we get a quarterly bonus that is usually fairly hefty. My last one was in October and The whole thing went to little Jakey when he was sick. I just say, Thank God I had it or I wouldn't have been able to afford to keep my kitty alive.

Congrats again! You're a smart cookie!
post #8 of 19
Quote:
Originally Posted by lookingglass View Post
I just got my Christmas bonus today!


I just sent the majority of it to pay off a credit card!


It's a case of hello goodbye at my house today.
....I love the title of your post!......

But you´re right... ...the bills are so big!......
post #9 of 19
Aw, thats stinks...My bonus always goes to that stuff too and Christmas gifts for others

Bonus, what bonus?
post #10 of 19
(I wish DH got a bonus.)
Sorry your went to bills though!!
post #11 of 19
Quote:
Originally Posted by lookingglass View Post
At least you have stuff you can look at. All I see is a shrinking ballance.
Don't feel bad Heather- that shrinking balance is a great thing!!!!!!! Because that shrinking debt is going to help your credit score- and that improved credit score will help you when you're someday looking to buy a house. You have to look in the positive side of things. Everytime you pay off that debt, you're one step closer to your home
post #12 of 19
Sorry the money went from one hand to the other so to speak but I am glad it went to helping pay off bills the quicker they are paid off the sooner that you don't have to worry about them. And then like Nikki said you can buy a house and have more cats and do this and display your crazy cat lady thingy your mom got for you.
post #13 of 19
Umm what Starry said ...

WHats a BONUS?? lmao
post #14 of 19
I dont get a bonus...... We have to fight for everything....dont get me on this subject

Hubby got a box of chocs, bottle of wine and some gift vouchers from his employers
post #15 of 19
people still GET Christmas bonuses?
post #16 of 19
Quote:
Originally Posted by gizmocat View Post
people still GET Christmas bonuses?


I get a performance/incentive bonus, every paycheck - EXCEPT this past Friday's. I KNOW that I bonused (my supe showed me my stats). Jen didn't get hers, either. Nice time for the company to mess up the payroll

I know about using windfall money, for extras. This year, my tax refund arrived on moving day and bought me a bed, washer and dryer.
post #17 of 19
I got a bonus too... and you know where it went? Almost a quarter of it went to taxes. How do you pay more taxes on a bonus than on a paycheck that's twice as much? Blech. And they lied and said it would be x amount after taxes... which it obviously wasn't.

Yea, mine, and my last two paychecks, are going straight to visa and amex
post #18 of 19
Thread Starter 
Quote:
Originally Posted by kittylover4ever View Post
I know why you are clapping!
post #19 of 19
Quote:
Originally Posted by Zissou'sMom View Post
I got a bonus too... and you know where it went? Almost a quarter of it went to taxes. How do you pay more taxes on a bonus than on a paycheck that's twice as much? Blech. And they lied and said it would be x amount after taxes... which it obviously wasn't.
My other boss gives us 'days off paid' rather than a bonus to get around that, the tax on bonuses can be as high as 50% and is even worse if included on your paycheque rather than given separately as it makes it look like you are in a higher income bracket (even if only for that week) and they tax you accordingly on the total earnings
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