2 of 7
BACKNEXT
Paying off debt
Paying off debt
Danielle Liss
Age: 33
Hometown: Las Vegas
Profession: Lawyer
Bonus: $10,000

Over the past three years my debt has become much worse because I had a house that was very difficult to sell. The house sold but in order to not make a short sale I had to borrow a significant sum. While I was making the hefty mortgage payment I was pretty much living off my credit card. Now, I've been concentrating on paying the credit card portion of my debt.

How I'll spend it: Unlike previous years when I might be tempted to shop or upgrade my computer, this year's bonus is going straight to paying off a chunk of debt. As much as I'd like to have it as "fun money," that isn't happening this year. In past years when I'd gotten bonuses I'd blow it on frivolous things I wanted but definitely didn't need. This year, I put it all toward my credit card debt, except $300 or so, which went toward a very small treat.


NEXT: Paying a bill
Last updated December 30 2009: 6:36 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
10 best car interiors These cars and trucks have top-notch passenger cabins, according to Wards Automotive. More
What Apple could buy with its $193.5 billion cash Apple wouldn't actually buy these things. But it's fun to put its $193.5 billion cash hoard in perspective. More
7 quirky luxury products for the super rich Take a look at some of the most unusual luxury products being marketed to the top 1% in Monaco, including a rotating sunbed, hand-made wooden skis and fur coats for dogs. More

Special Offer