During the holidays, your employer may feel generous enough to give you a holiday bonus. If that’s the case, you want to spend it wisely. There are a couple of ways to do that.

#1 – Start investing: This is a great time to start investing in stocks, bonds or other retirement vehicles.

#2  -Pay down debt: Do you have a debt that you want to get off your back? Use this bonus to break free from it.

#3 – Invest in your education

#4 – Give back