How I’d Spend a Holiday Bonus

I was recently asked how I would spend a small windfall like a holiday bonus.  Generally, I’m sort of boring and would choose to simply fold it into our income.  That means that it would probably end up being divided up into savings as monthly extra at the end of the month.  BUT, if I was told that it was spend it or lose it, here’s how I’d spend a holiday bonus.

Travel

I could take a trip or two.  At $100, I could do a road trip with my husband or friends.  I love opportunities to just hang out in new environments (well, new, comfortable environments).  I don’t enjoy “roughing it”.  For $300-$500, I could visit a friend in another state or take a weekend to spend a little in Austin or San Antonio.  For $1000 or more, we could take a 5 or 7 day cruise.  I like to travel and we do budget a few thousand every year to that anyway.

Gambling

Yep, I am a personal finance blogger that occasionally likes to spend fun money on gambling.  Depending on the size of the bonus, I’d have a few options.  For smaller amounts, I could buy some lotto tickets and cross my fingers.  Or I could play bingo around where I live or at Gala Bingo Online.  Or if the bonus was around $500, we could head over to Louisiana casinos.  Over $1000, we could take a trip to Las Vegas.  There are a ton of ways to spend money gambling, lol.

Stuff

If we didn’t have the time to travel or go gambling, I could use the bonus to buy some stuff that we’ve been putting off.  We have been wanting a new dish washer ever since we closed on our current house a year ago.  The builder’s washer sucks.  I’ve also been wanting an automatic sprinkler system to save me time during the summer.  And my husband and I have had new media room furniture on our wish list for years.

Overall, if I received a holiday bonus and was told to use it, I’d have a bunch of fun options to consider.  :-D

How about you?  What would you spend it on if you weren’t allowed to save it?

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8 Comments
  1. If I had no other choice but to spend it or lose it I would choose to take it to a local casino and try to make a little more money. Fortunately I get to keep my Christmas bonus and do what I want with it, invest!
    Jon@2-copper-coins.com recently posted..Need Some Quick Cash-How We Made $375 in a HurryMy Profile

    • LOL, yeah, it is nice to have control over your money. :-)

  2. My fiance received an unexpected holiday bonus this year. We paid our property taxes with it (we had that money already set aside, but now it can go into savings!) and then we treated ourselves and upgraded our airplane seats to go see my family for the holidays. :D
    Jenn @ Spend Less, Shop More recently posted..Starbucks Holiday Pass 2013: Buy A $25 eGift Card, Earn A Free $10 eGift CardMy Profile

    • Ooooh, nice! I haven’t ridden better than economy since I was a teenager and my dad’s job paid for our flights during our moves…

  3. Well i’d definitely save it if I could… but since I can’t, hmm… First I think i’d send extra $$ to my World Vision sponsor child (that would make me happy!) then i’d buy tickets for live theater or a concert. :) Something fun and something to help others without a doubt!
    Carla recently posted..Who else wants to join in my January No-Low Spend Challenge? :) My Profile

    • Awww, that’s super sweet! And the live theater sounds fun too!

  4. I would use it to pay down any debt first, then to travel.
    EL @ MoneyWatch101 recently posted..Dividend DecemberMy Profile

  5. A holiday bonus sounds fabulous. I’d probably put the bonus right into my savings. We’re hoping to buy a rental property in the next year or so and that’s where everything above our e-fund would be going.
    KK @ Student Debt Survivor recently posted..Happy New Year!My Profile

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