Turn your festive bonus into financial freedom: expert tips

YOUR bonus has finally hit your account.

- SALEM NYATI

While Mr. Sars has already devoured some of it, you're eager to hit the mall and share the rest with Ms. Retail, boosting your KeDezemba aura points with a new fit or two. But before you join the masses partaking in this season’s Conspicuous Consumerism, pause a minute.There are ways you can maximise a cash windfall like a bonus or thirteenth check that will move you closer to your financial dreams, instead of spending it all in one go on something that won't have any future financial benefit. As an example, let’s say you get a R10 000 bonus.

1. Use it to crush high-interest debt