10 ideas for making the most of your bonus

Published on March 25, 2024Reading time 5 min.
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As an employee, getting a bonus (or financial reward) is often a source of joy and satisfaction, but it’s also crucial to know how best to use or invest it.

Whether you're looking to maximise your savings, invest for the future, or simply enjoy the fruits of your labour, there are many options for investing your bonus wisely. To make the most of it, here are ten ideas to help you decide.

Prepare for the future

Pay into the 1st pillar (AVS/AI)

While contributions to the 1st pillar are compulsory, you can choose to make voluntary payments to increase your future retirement benefits.

Pay into the 2nd pillar (occupational pension scheme)

The 2nd pillar of the Swiss pension system is a compulsory old-age, survivors' and disability insurance scheme. By paying into your occupational pension account, you can increase your financial security in retirement and also enjoy tax advantages.

Pay into the 3rd pillar (pension scheme)

Paying into your pension scheme can be a great way to invest your bonus for the future. Contributions to the 3rd pillar can be deducted from your taxable income, which can save you money in the short term and help you prepare for a comfortable retirement.


Investment in sustainable or ethical funds

If you are concerned about the environmental and social impact of your investments, consider putting your bonus money into sustainable or ethical funds. These funds invest in companies that meet environmental, social and governance (ESG) criteria, which can allow you to grow your money while contributing to causes that are important to you. This approach can enable you to make a positive impact while seeking a solid financial return over the long term.

Savings account

Placing your bonus in a savings account can help you earn extra interest on your savings and meet unexpected expenses. To maximise your earnings, look for accounts offering competitive rates and favourable terms.

Investing in property

Investing in property

Property can be an excellent investment in Switzerland, where demand for housing remains strong. Whether you plan to buy a property to rent out or for your own use, your bonus could be used as seed money for this investment.

Early repayment of loans

If you have debts, using your bonus to make an early repayment can save you interest in the long term. This can be particularly beneficial when it comes to high-interest loans, such as credit cards or personal loans.

Personal development

Investing in your professional development

Investing in your own professional development can be a clever way to use your bonus. Whether it's taking courses, specialised training, or to fund certifications, it can help you progress in your career and increase your value on the job market.

Experience and travel

Don't forget to take advantage of your bonus for yourself – be this by planning trips, exploring new hobbies or enriching experiences, or investing in your well-being. Your happiness is just as important as planning for the future!

Charitable donations

If you want to give back to the community, consider making donations to local or international charities. Not only can this have a positive impact for those in need, but you could also benefit from tax deductions through your donations.

In conclusion, there is no single answer as to the best way to invest your bonus. That being said, by considering these ten ideas and reviewing your personal financial goals, you can make an informed decision that will help you make the most of your financial reward. Whether you choose to save, invest, or spend your bonus, make sure you do so mindfully and according to your individual needs and priorities.

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