If you were given a work bonus of £1,000

[shushymcshush]

What would you do with it?

Imagine its a nice round £1k after tax etc.

Oooh what a lovely thought.

I'd pay £400 off my overdraft and use the remaining £600 towards a holiday.

Rainy day fund

Holiday or get the sofa reupholstered.

Have a lovely night out with DH and spend the rest on getting us all some much needed new clothes and bits for the house.

My last bonus was for £1000 and it went into our LISA (great because we got £250 for the 25% bonus even if it was boring)

Now we have bought our first home I would use it for new external doors because ours all need replacing due to the glass and that was the amount we were quoted!

If I had no DIY or overdrafts to pay off I would buy a beautiful new handbag and put the rest in savings

Savings towards the fee costs if a course I’d like to study. In reality, DH gets reasonable bonuses every year and we put them towards holidays, jobs on the house, paying off anything we have bought on the credit card (we know how much his bonus will be a few months before it’s paid, so so time make purchases when they are on offer) etc.

New sofas. Ours are so old and bedraggled thru cause me a lot of stress. There are big holes worn in the cushions.

All my bonuses go into my holiday pot.
I have a separate savings pot for anything needed on the house

My bonuses always end up paying for something that already needs paying for - flights home, car repair, new computer, new phone, vets bills. It's never anything interesting. If I had a guilt-free £1000 to spend on myself, I'm not actually sure I'd know what to do with it

Maybe a few pairs of boots from Beyond Skin...

My inner "saver" mentality is very hard for me to overcome.

We got a new build last year. The lighting downstairs is shockingly bad. I would get that sorted out. If I had enough spare, possibly replace our big chunky sofas with two smaller ones. We have a dd now and all the kit that comes with her and nowhere to put it all!

In the general spends pot I'm afraid, bit poor at the moment

Weekend away..or towards a weeks holiday

Shove it in savings. Rock and roll! If I had credit card or other debt, i’d pay that off first.

Next year's holiday flights. I'd put it in a separate account until they drop to the level I deem acceptable.

Stuff for the house, either a dining table or towards new sofas.

Maybe spend a couple of hundred on updating my wardrobe.

10% to charity, the rest split half into the pension, half into a "making life easier" frittering fund (takeaway... taxis in the rain... getting someone in to mend it rather than mending it myself...). And when it's gone it's gone!

Id use it to get all the Christmas presents & food done, then I’d have extra money over the festive period for extra days out and spontaneous meals out/takeaways with the family

We could have spent dh's many times over, but he chose to use it to chip a bit off the mortgage.

Savings for a mortgage deposit ! and maybe a nice dinner

I did and I’ve ring fenced it for my car insurance, MOT, tax and two new front tyres!

I’m on stat mat pay so money is very tight.

That would be an overpayment on my mortgage and would mean I could retire 2 weeks earlier than planned

My last few bonuses have gone straight into my pension. I’m late 50s now, mortgage free and kids left home so don’t ‘need’ the extra cash. And 1k bonus put into a pension is tax free, taken as cash it’s £680 after deductions.

Half towards a holiday and the other half towards ongoing house renovations.

I will probably never get a bonus ever though!

Open a stocks and shares isa, invest it in a low cost index tracker, and watch it gorw