How 3 people misused their holiday bonus — and how to avoid the same mistakes

Dec 8 2022 by Business Insider

 
A holiday bonus could be about 5% to 10% of you salary.

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A holiday bonus offers a good opportunity to pay off debts or add to your savings. But some people get carried away and end up spending it all on other things. Here's how to make the most of your holiday bonus — and some key spending mistakes to avoid.

This is an edited, translated version of an article that originally appeared on November 28, 2022.

Bonus season is fast approaching, and many employees will be...

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