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  • FIRST POST
    • hummingbird
    • By hummingbird 24th Jun 11, 2:16 PM
    • 1,423Posts
    • 7,420Thanks
    hummingbird
    Pay Yourself a Christmas Bonus!
    • #1
    • 24th Jun 11, 2:16 PM
    Pay Yourself a Christmas Bonus! 24th Jun 11 at 2:16 PM
    Hi everyone,

    Would anyone like to join me and Pay yourself a Christmas Bonus this December?!!

    This started when I joined the 365 in 365 days challenge a couple of weeks ago. I decided to put 2.50 a day away for something special.

    I realised that although some companies pay a Christmas bonus a lot don't........including mine! So i thought I'd pay myself one instead. I intend to pay the proceeds into my current account on my December payday....whoop whoop!

    You decide on the size of the Christmas Bonus you'd like, and then work out how much you would like to put aside on a regular basis -daily, weekly, monthly whatever you like, to achieve it. it's also up to you whether you want to "Pay Yourself" on Ist Dec, your December Payday, or Ist Jan for the sales........
    Perhaps you'd like to use it for a holiday

    I'm going to use it to boost the funds in my c/a because we get paid early in December, then have a long wait til the end of Jan.

    Let's avoid getting into more debt over Christmas and have some fun!!

    Add your targets and totals to your signatures

    Hummingbird x
    10 a day extra in May '18[B[B]]35/310[
    Virtual Sealed Pot 2018 500/2500 = 20%
    You can find my diary here:http://forums.moneysavingexpert.com/showthread.php?t=5189836
Page 1
    • ShAnE
    • By ShAnE 24th Jun 11, 2:31 PM
    • 264 Posts
    • 390 Thanks
    ShAnE
    • #2
    • 24th Jun 11, 2:31 PM
    • #2
    • 24th Jun 11, 2:31 PM
    For those wanting to know there are 182 more days til Christmas or 26 weeks.
    I'll be back later, as this sounds like a great idea too me.

    Current Debt: 0%.

    Current House Deposit: 7%.
  • svb53
    • #3
    • 24th Jun 11, 3:21 PM
    • #3
    • 24th Jun 11, 3:21 PM
    Me please! I need some motivation and this should do nicely. I'll aim for 10 per week for now but might be able to up it a bit nearer the time. Great idea, off to update my signature now.
    LBM 27/12/14.
    January Ebay and Amazon aim: 500. 22/500 January weight loss aim 10lb. 0/10.
    1 debt vs 100 days challenge 22/500 by 7th April.
    Nsd January aim 20. PAD starting 29/12/14 2
    • If My Pennies Were Pounds
    • By If My Pennies Were Pounds 24th Jun 11, 3:48 PM
    • 1,170 Posts
    • 3,560 Thanks
    If My Pennies Were Pounds
    • #4
    • 24th Jun 11, 3:48 PM
    • #4
    • 24th Jun 11, 3:48 PM
    This sounds like a good idea...

    How much to pay myself though, that is the question!

    I think I'll aim for 250 - which is about 1.30 a day!

    Are you saving it in cash in the house or online?

    Thanks hummingbird!
    VSP - 14.76 | Saving for a Deposit
    • hummingbird
    • By hummingbird 24th Jun 11, 5:04 PM
    • 1,423 Posts
    • 7,420 Thanks
    hummingbird
    • #5
    • 24th Jun 11, 5:04 PM
    • #5
    • 24th Jun 11, 5:04 PM
    I've got mine in a tin at the moment but think I'll transfer it into a savings a/c as the amount gets bigger - for safekeeping!

    You can save it where you like - or directly off a debt if that suits you better!
    10 a day extra in May '18[B[B]]35/310[
    Virtual Sealed Pot 2018 500/2500 = 20%
    You can find my diary here:http://forums.moneysavingexpert.com/showthread.php?t=5189836
  • Tebheag
    • #6
    • 25th Jun 11, 2:46 PM
    • #6
    • 25th Jun 11, 2:46 PM
    Hi humminbird mind if i join please this sounds great I am self employed so dont even get holidays never mind a bonus. will update my sig when decided what I am going to go for.
    10 a day challange Feb 27/435 Jan 530/465

    2012 to pay off CC
    After snowballing should be debt free by Mar 2016
    2011 Target to be overdraft free this year and get debt down!
  • laura2481
    • #7
    • 25th Jun 11, 3:02 PM
    • #7
    • 25th Jun 11, 3:02 PM
    I'd like to join please- aiming for 364 which is the equivelent of 2 per day, which I will use for christmas presents
    • Emzilla
    • By Emzilla 25th Jun 11, 3:08 PM
    • 3,324 Posts
    • 12,581 Thanks
    Emzilla
    • #8
    • 25th Jun 11, 3:08 PM
    • #8
    • 25th Jun 11, 3:08 PM
    Great idea Hummingbird. I really need to save some for Christmas presents so would love to join please. I'm going to aim for 300 and anything left over can be mine to spend on me!!

    Emz xx

    ETA - already off the mark with 3 from my change jar.
    Last edited by Emzilla; 25-06-2011 at 3:12 PM.
  • Arctic Sky
    • #9
    • 25th Jun 11, 4:44 PM
    • #9
    • 25th Jun 11, 4:44 PM
    What an absolutely AWESOME idea!

    I'm in - going to save 7.50 a week into my ING savings account - gods know what for, yet! No time like the present I suppose

    Happy saving one and all!
    • hummingbird
    • By hummingbird 26th Jun 11, 12:28 PM
    • 1,423 Posts
    • 7,420 Thanks
    hummingbird
    Welcome to everyone who has joined the thread We are going to have a great Christmas this year, and our December payday will be a day to celebrate

    Congratulations Laura on your wedding
    10 a day extra in May '18[B[B]]35/310[
    Virtual Sealed Pot 2018 500/2500 = 20%
    You can find my diary here:http://forums.moneysavingexpert.com/showthread.php?t=5189836
  • karen is trying
    OOOOOOOO can i join this one please it will be lush to have a splurge guilty free in the sales xx

    Think im going to aim for a pound a day on this one i dont know how many days til dec 16th but il aim for then ...
    Last edited by karen is trying; 26-06-2011 at 10:37 PM.
    • bottleofred
    • By bottleofred 26th Jun 11, 1:43 PM
    • 2,876 Posts
    • 13,686 Thanks
    bottleofred
    Hi Hummingbird what an excellent idea. I'd like to join please and will go for a bonus of 10 per week.

    Red
    If you've nothing decent to say, perhaps you shouldn't say anything.

    2 savings jar 300
    Total credit card debts 1250 - Will I ever learn!!
    • hummingbird
    • By hummingbird 26th Jun 11, 1:57 PM
    • 1,423 Posts
    • 7,420 Thanks
    hummingbird
    Welcome to karen and bottle of red!
    10 a day extra in May '18[B[B]]35/310[
    Virtual Sealed Pot 2018 500/2500 = 20%
    You can find my diary here:http://forums.moneysavingexpert.com/showthread.php?t=5189836
    • If My Pennies Were Pounds
    • By If My Pennies Were Pounds 27th Jun 11, 9:57 AM
    • 1,170 Posts
    • 3,560 Thanks
    If My Pennies Were Pounds
    I have a tin that only gets silver coins put in it, I counted it up over the weekend and it has 19.80 in it so that will be my Christmas Bonus tin!

    Funny thing is that OH leaves the odd 10p or 20p lying around all the time and I pick it up and put it in the tin, therefore the OH is paying my Christmas Bonus
    VSP - 14.76 | Saving for a Deposit
    • hummingbird
    • By hummingbird 27th Jun 11, 1:03 PM
    • 1,423 Posts
    • 7,420 Thanks
    hummingbird
    I have a tin that only gets silver coins put in it, I counted it up over the weekend and it has 19.80 in it so that will be my Christmas Bonus tin!

    Funny thing is that OH leaves the odd 10p or 20p lying around all the time and I pick it up and put it in the tin, therefore the OH is paying my Christmas Bonus
    Originally posted by If My Pennies Were Pounds

    Sounds good to me ! LOL!
    10 a day extra in May '18[B[B]]35/310[
    Virtual Sealed Pot 2018 500/2500 = 20%
    You can find my diary here:http://forums.moneysavingexpert.com/showthread.php?t=5189836
  • karen is trying
    Well the first of my 1.20 is in my jar most of what ive found mooching around house lol tumble dryer tomorrow haha.
    1414-sealed pot challenge 157-virtual sealed pot challenge 10.23..
    175.73/280 october grocery challenge 3/15 NSD October
  • Superbiatch
    I really like the idea of this as last Christmas nobody except my OH got a present due to me losing hours at work and embarking on a DMP. Thankfully i'd already purchased his helicopter ride in advance and then the company went into administration - but you know Christmas was still nice.

    I do fancy it being a little less stressful this year though, so I'm going to start tomorrow (payday) 1 per day and get one of those cans which you can't open up - thanks for the idea
    LBM: 22.12.2010 Self-managed DMP start 29.1.2011
    DMP Mutual Support Thread No: 413
  • karen is trying
    1.20 jingled all the way to my pot today 2.40/2.00 whoohoo lol hope everyone is well and lovely weather holds out for a while longer x
    1414-sealed pot challenge 157-virtual sealed pot challenge 10.23..
    175.73/280 october grocery challenge 3/15 NSD October
  • karen is trying
    Another 1.20 for me today 3.60/200.00 x
    1414-sealed pot challenge 157-virtual sealed pot challenge 10.23..
    175.73/280 october grocery challenge 3/15 NSD October
    • deanbwfc
    • By deanbwfc 30th Jun 11, 8:51 AM
    • 22 Posts
    • 9 Thanks
    deanbwfc
    I already started doing this a couple of months ago, i don't put a set amount in each day/week i just put the silver in from my change, counted up it up yesterday and have just less than 83 so aiming somewhere between 200-250 which will cover all the Christmas presents and maybe a treat for myself. I do actually get a Christmas attendance bonus at work which is worked out at 20 each full month your not off due to sickness and if you have 100% attendance for the 12 months they add 60 to the pot so totalling 300 less tax and n.i, 7 months gone and not been off sick yet so 140 in the bonus pot
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