24. Get the Most Out of Raises and Bonuses

Though you might be tempted to spend your bonus money on a big-ticket item- a new car you’ve been eyeing, a tropical vacation or improvements to your home, the best thing you can do with the money is invest in your future.

Bonuses, of course, are subject to 401(k) contributions, and you should make the most of any extra dollars that come your way.

To put it simply, if you’ve managed to live comfortably with your current funds and your income has suddenly increased, do what’s right for your retirement savings and hold off on any ‘rewards’ until later on.