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The 11 smartest things to do with your end-of-year bonus

employee, millennial

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Make sure you and your bonus are headed in the right direction.

According to CNN, 91% of businesses now have variable compensation programs - salaries coupled with bonuses or commissions.

Bonuses tend to come around the holidays, meaning many employees are in for a nice supplemental check soon.

While it can be tempting to splurge on a new iPhone or extravagant vacation, excessive spending may not be the most productive way to handle your bonus.

Before blowing your check on gifts, trips, or gadgets, consider directing it towards these 11 options:

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