Bonus Money!

 

My firm gives year-end bonuses based on hours billed. My bonus, after taxes, was just under $12,000. It was $18,000 pre-tax.  Here's how I split up the money: 

1. $1,500 to gift/donate 

2. $3,000 extra payment to the mortgage 

3. $2,500 saved to set up CD laddering

4. $1,000 to savings account 

5. $3,000 to spend on improvements at my mom's house (she needs a new hot water heater and that will likely be her birthday present from me). 

6. $1,000 to invest

Did you receive a year-end bonus? What do you plan to send the money on? Does anyone receive bonuses in February?