{ "media_type": "text", "post_content": "What are we spending our bonuses on? I’m conflicted cuz I wanna be financially responsible blah blah blah and pay off loans but I also want a 3 carat diamond ring", "post_id": "61cf89ca834ebb002cc9956f", "reply_count": 97, "vote_count": 32, "bowl_id": "5df70ed2f7169f002b172d3f", "bowl_name": "Big Law", "feed_type": "bowl" }

What are we spending our bonuses on? I’m conflicted cuz I wanna be financially responsible blah blah blah and pay off loans but I also want a 3 carat diamond ring

likefunnyupliftingsmarthelpful
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$20.5k of pretax 401k (total stock) $37k of after-tax 401k (with an in-service conversion to Roth to complete the mega back door ) (total stock) $12k for me and my spouse’s Roth IRAs $20k to taxable brokerage (total stock) $2.5k on a gaming laptop!!!!!!!!

likehelpful

A7, loving the investment protips, but let's get to the truly important stuff-- specs on your gaming PC? Prebuilt or DIY? And which games do you play?

I paid off my student loans earlier this year, and every cent of all of my previous bonuses went toward those (or my wedding). This year, I am treating myself to a pergola, fire pit and outdoor seating for my backyard.

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Just my boring perspective, but every dollar of my bonus money while in biglaw went to investments. Allowed me to build up enough of a significant financial cushion to have the courage to leave.

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I saved half like a responsible adult, I’m spending the other half like a reckless child.

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I literally just bought diamond earrings 5 minutes ago 😅

likefunnyuplifting

Definitely not. And I spent 10k on a ring last year if it makes you feel better 😅 Jewelry is my weakness.

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Buying a house next year, so it’s all going towards my down payment

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Congrats!

Home repairs, paid off all high interest debt, and put 11k in savings. I now have 11k in savings for the first time in ... ever.

likesmart

Thank you! 😅

One *small* purchase and then the rest to pay off the loans. No better feeling than freedom.

likesmart

VGT, VUG, or ETH

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do spy qqq

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I want new skis

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A cheapitaliandreamhome

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Omg

Here's the ring: https://www.etsy.com/ca/listing/522951687/3-carrot-diamond-ring-3-carrot-ring-925

funny

Trip to Mexico with my girlfriend!

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Student loans.

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Upping my emergency fund to 8 months of living expenses and doing home repairs.

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Dogecoin

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Yo, anyone spending $100k on a wedding grew up privileged. People that grew up broke are not going to prioritize paying for a wedding vs paying off debt.

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This incessant need to label everyone who is not disadvantaged as “privileged” is becoming both annoying and meaningless.

$25K on helping family. $5K on spoiling family. $5K on spoiling me (vacation and shopping). $60K on mortgage.

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Thanks. Those are good ideas.

I spent 10K of my bonus on a GMT Master II and I'll do it again!!!

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I am thinking about trading it for a used Lange 1 since the grey market for the GMT is going crazy

Getting married next year so my bonus and the majority of last year’s and next year’s paychecks is going towards my wedding

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Elope elope elope and take your family on a nice vacation.

smartlike

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What is your number you need to hit to retire early?

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What kind of 401k plan did everyone invest in? Or did you invest your money elsewhere?

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UK based. About to get 100k in shares. Don’t want to put into a pension. How should i invest them?

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Giving notice this week. Run the numbers and think I can retire now. Super excited , nervous etc. I am 45. This could be my biggest mistake and my biggest achievement. Getting weird reactions...

likeupliftingsmart

I am taking another sick day this coming Monday. It's necessary for both my physical and mental health, which are severely compromised due to the stress of this insane school year (and the last one, and the spring before that -- I think this is cumulative with COVID, the political situation, etc.). I have never taken this many sick days during ANY school year in my 20+ years of teaching. Is anyone else experiencing this? Is anyone else having anxiety about taking so many days off?

likehelpful

Best 401k deals among big4? Curious where everyone's benefit program lies based on firm.

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So I got a house for $260K using my 401K as a down payment. I put down $50K but that’s 70% of my retirement. I don’t really have a savings but I’m tired of paying rent. Do you think that was a good financial decision? Mind you the house is brand new, in a new area, and the houses in the subdivision have already gone up.

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Any non citizens here? What’s your opinion on 401k if you don’t know if you will be in the US all your life?

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So, apparently my school has the lowest teacher attendance this year. As teachers- what would be a good incentive to get perfect attendance and not use your PTO?

funnylikehelpful

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Will 7% of my AIP be routed to my 401k on my 9/2 paycheck? Is there any way I can stop this or is it too late? If I go to change my deduction on Vanguard it says that changes will be effective 9/16.

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How much do you contribute to your 401k?

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Additional Posts

Testing at 9am EST

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Maybe we should implement something like automatic posts refresh? I got a notification about "someone like mypost" but it isn't displaying at the post title...

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How does this sound?

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Post new user

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But once again not posting

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Post for push testing

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Post for likes

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My company is now displaying!

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Post with company

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Do you see this post? 12:59am

New posts and

Post for tests 2

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Where is a new build???

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Ahh it is posting but into middle of feed as opposed to top.

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Testing a new post at 12:06PT 5.12

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Any wagers # of layoffs at end of FY?

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I saw PwC has a training in Orlando, along with KPMG. And KPMG University is being built here in Orlando too - why all this interest in Orlando??

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When you can't relate to half the posts here because you've never been on a traveling project :(. #Consultingwithouttheperks

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