Topic of the Month: What do I do with a Bonus or a Refund?

Receiving a financial windfall like an employer bonus or a tax refund offers a great opportunity to support your long-term goals. While the temptation to splurge is a normal reaction, paying down high-interest debt can potentially save you money in interest charges over time. Also, if you can put some of those funds into a retirement plan, to prepare yourself for your later years. It is also a great idea to put some funds into an emergency fund which provides a safety net against life’s unexpected expenses. 

If you have any questions or Orsinger Investment Group can help in any way give a call at 724-588-9067.

Also, this is a good time to check your credit report. You are entitled to a free copy every 12 months from each of the three major credit bureaus.  These reports can be requested online at AnnualCreditReport.com.