How You Should Really Spend Your Holiday Bonus
Pay down/off debt
Can you imagine going into the new year debt-free or without so many outstanding accounts lingering over your head? Talk about the good life. Shipley points out the importance of paying down your debt when you are able. “Given the amount of stress debt creates for most of us, the more you can eliminate the better,” notes Shipley. She recommends tackling debts with the highest interest first and working your way down.