SecondCor521
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Hi all,
My plan all along has been to set prioritized goals and then work towards them one at a time. Things have been going well; I inch closer to those goals with each paycheck.
I may soon be receiving a profit sharing bonus that represents about 10% of my annual salary. Even after taxes, the leftover amount is a relatively large amount of money to receive at once.
My thought had always been to just accelerate achieving my goals with such lump sums -- it makes logical sense to do so. However, I find myself doubting that this is the best course of action or that this is what I want to do. Part of me wants to spread the lump sum across several goals. Part of me wants to use some of it for non-goal purposes.
So do you handle larger lump sums differently than the money that comes in on a regular basis or smaller lump sums? How? Why? Does it depend on the size of the lump sum? The source?
2Cor521
My plan all along has been to set prioritized goals and then work towards them one at a time. Things have been going well; I inch closer to those goals with each paycheck.
I may soon be receiving a profit sharing bonus that represents about 10% of my annual salary. Even after taxes, the leftover amount is a relatively large amount of money to receive at once.
My thought had always been to just accelerate achieving my goals with such lump sums -- it makes logical sense to do so. However, I find myself doubting that this is the best course of action or that this is what I want to do. Part of me wants to spread the lump sum across several goals. Part of me wants to use some of it for non-goal purposes.
So do you handle larger lump sums differently than the money that comes in on a regular basis or smaller lump sums? How? Why? Does it depend on the size of the lump sum? The source?
2Cor521