From time to time, I get feedback from Couple Money readers.
This weekend I received an email from M about a situation that he noticed at work.
Hiding Vacation Bonus Money at Work
Here’s what M shared with me:
At work today, I thought of your blog when we received our vacation paychecks which is what my company pays us for any unused vacation time. Normally, the policy is that you use the vacation time or lose it, but this year, management wanted to reach a certain number of earned work hours and decided to pay workers for unused vacation time, thus providing an incentive working towards the earned hours goal versus taking vacation time.
So when we received our vacation checks today, some of my co-workers were like kids in the candy shop because this is money that their wives won’t know about. Wives don’t exactly know how much vacation time their husband has used or accrued during the year. So when the vacation paycheck were received in hand, some of my co-workers were thinking about electronic gadgets to buy or planning to go out and have a good time.
Since your blog deals with building financial freedom together, Do you think this is alright when my co-workers splurges a bit with money that their significant other won’t know about? Or do you think my co-workers should tell their significant others about their vacation checks and put it towards their financial goals?
My Two Cents on Money and Couples
Here’s my take on the situation based on what was shared –
Elle Martinez helps families at Couple Money achieve financial freedom by sharing tips for reducing debt, increase income, and building net worth. Learn how to live on one income and have fun with the second..