I have just found out today that I will be receiving an $825 pay raise next year. I am deciding between putting this money in the Roth or to simply leave it in my savings account.
I haven't really planned on what to do with random bonuses on income. This bonus will turn out to be about $55 more a month, which is definitely not a lump sum, but something I feel like I should place somewhere automatically (so I never actually see it).
What are your thoughts? I am planning on making posts in the future on how to deal with windfalls and raises.
258. “We had $900K. Now we’re $100K in debt”
1 week ago
1 comment:
I vote Roth. Or if you're still worried about your car, maybe put it in the "in case something goes wrong" fund.
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