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Using a Raise - A Logix Video Blog

Posted by Admin on 8/7/2017

So you got a raise for being such a great employee!  Congrats!

Now, here are 4 smart things you should do with that extra money before it mysteriously disappears.

  • Beef up retirement savings either through your 401(k) or an IRA. You’re not getting any younger. 
  • Save for something fun. Open a savings account and automatically transfer the amount of your raise into it.  Then you can spend cash instead of charging that vacation.

You probably got the raise because you’re smart, so be smart with the raise.


Do us a favor please.  Tell your friends about us so they can be smarter about their money too.

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Topics: Debt, Video Blog, Retirement, Saving

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Feel free to peruse about. Here you’ll find stories, posts and tools aimed to assist you as you’re faced with daily to once-in-a-lifetime financial quandaries. This is your SmartLab (lab coat optional). We want you to get the most from our articles, and we welcome your ideas to help us continue to bring valuable content to you. Check out the comment section at the bottom of every post for easy ways to share feedback. We’re learning, too, and what better way to encourage smarter banking than to share tips and resources with each other? Not to mention, it’s a great chance for us to get to know each other!

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