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March 24, 2021 20 mins

We can all agree that year-end bonuses are something we all look forward to every single year. But what do you do once that big, fat check ends up in your hands?

 

In this episode, we invite financial advisor and expert Angelica Prescod to teach us how to best utilize our year-end bonuses for greater financial wealth and freedom. Learn how you can use your bonuses to better manage your debts and uncover some of Angelica's most useful financial tips, and the biggest mistakes you should avoid at all costs. Planning your finances should not be difficult - tune in now to see just how easy it is! 

 

KEY POINTS / MAIN TAKEAWAYS:

- How Angelica got into financial services.  

- What should you be doing with your bonus check?

- How to manage your bonus money.

- Biggest financial mistakes you should avoid.

- How to start saving before you invest.

- What financial advisors can help you with.

- The Rule of 72. 

 

QUOTABLES:

"At the end of the day, make your money work for you harder than you work for it." 

"Every day that passes that your money is not working for you, it's a shorter timeline for it to grow. So if there's anything, please start doing something today."

 

PRODUCTS / RESOURCES:

Book an appointment with Angelica Prescod at edwardjones.com/us-en/financial-advisor/angelica-prescod

 

Stay In Touch → Connect with the community:

 

→ Share your question: Submit your question in a 90-second voice message, and I may address it in an upcoming episode. Submit here: https://www.speakpipe.com/YourNextMove

 

→ Apply for a 1:1 coaching session: Participate in a 20-30 minute coaching session that may be featured in a future episode. Apply here: https://bit.ly/YNMCoaching

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