I was in a similar position to the OP last year - was getting a decent raise and a bonus (mainly due to my censored salary before). Bought a new bike with Dura Ace Di2 and a few accessories and have slowly expanded my cycling kit since then, whilst still putting in more into my savings.
I still love my old bike thought and look after it as much as the new one, but it felt amazing to be able to afford something so lavish without having to think twice about it.
Treat yourself, that's what I say. Then think about the savings - look for a decent ISA for next year
Watching that whopping 3% growth get swallowed up by inflation will be just such fun!
There is that but if you have available funds to spare you would be better off saving for a rainy day (it rains a lot in Europe) or knocking it off a mortgage, I took the thought that the OP didnt have a mortgage as most would just knock the extra off the balance for an earlier, easier retirement.
If i had a 6k rise it would definitely be getting used to knock of the mortgage. I live comfortably enough now - so why not get some bricks and mortar
failing that. Women, booze and bike bling, in no particular order.
"If you always do what you've always done, you'll always get what you've always got."
The op hasn't got 6k to spend. Assuming he is a higher rate tax payer that means 3600 per year which is £300 per month ish.
By all means save it so long as it is being saved for something and not just a rainy day. Life is too short. If you want to spend it do so. I would rather have more time off than earn more money.
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I still love my old bike thought and look after it as much as the new one, but it felt amazing to be able to afford something so lavish without having to think twice about it.
Treat yourself, that's what I say. Then think about the savings - look for a decent ISA for next year
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If i had a 6k rise it would definitely be getting used to knock of the mortgage. I live comfortably enough now - so why not get some bricks and mortar
failing that. Women, booze and bike bling, in no particular order.
PX Kaffenback 2 = Work Horse
B-Twin Alur 700 = Sundays and Hills
If you have the chance, live life.
By all means save it so long as it is being saved for something and not just a rainy day. Life is too short. If you want to spend it do so. I would rather have more time off than earn more money.