Budgets, Debt Management and Financial Planning for Women

Contact Us at info@dearpiggybank.com

Dear Piggy Bank

Get Updates via Email

Enter your email address:

Blog Search


April 2015
« Mar    


Previous Posts

  • What to do With Our Tax Refund?
  • The Free and Never Ending Turkey
  • Summer Camps….Already? Have You Got a Summer Budget?
  • Spring Break Budget
  • Tick Tock Goes the RSP Clock!
  • Plant Seeds to Grow Your Savings
  • What is a RESP and Why Would I Need One?
  • Turn Your 2015 Financial Plan Into Reality!
  • How to Get Your 2015 Plan Done!
  • What do You Need to Set Your 2015 Financial Plan?
  • Salary Bonus

    Do you receive a bonus at this time of year? Many organizations reward their employees with salary bonuses and while it’s true that the money is welcome over the holiday season, you may not be maximizing its potential.

    You may feel that bonuses are extra money in your pocket and that you deserve to spend it how you like. This may be an opportunity to reward yourself and put the money towards your financial plan. Proportion the funds to your plan depending on the size of the bonus and your priorities. For example, 20% to yourself, 30% to debt, 30% to RSP’s and 20% to savings/holiday expenses.

    If you have an idea what you want to achieve, it’s simple to put into action. The same tip holds for raises. They may not seem like much after taxes and deductions, but small amounts add up quickly.

    Write a comment

    Dear Piggy Bank Blog

    Money management tips, financial planning ideas and news from Joanna.

    Financial Planning Books

    eBooks, mini-books and other fabulous reads from Dear Piggy Bank.

    Individual and Group Coaching

    Individualized financial coaching, group coaching, seminars and Lunch & Learns with Dear Piggy Bank.