Reply to How to budget when your income is all bonus?

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[quote=Anonymous][quote=Anonymous]DH is very bonus heavy. He gets a multi million dollar bonus. [b]We live off the base meaning we could live on just his regular everyday paycheck. [/b]

Bonus covers extras like vacations, cars and luxuries that we don’t have to have. We have had many years of bonuses that we saved.

DH has colleagues who depend on their bonus for private school tuition, monthly expenses, etc. their monthly burn rate seems higher than ours.[/quote]

Is this what you would do if your income was not bonus heavy? I'm curious if you would still choose to live only off a fraction your income if it came monthly, rather than through bonus.

I sympathize with your DH's colleagues who depend on their bonus for private school, monthly expenses, etc. Forcing yourself to only spend the bonus, which is the majority of your income, on "vacations, cars and luxuries" rather than private school or monthly expenses, like housing, feels like the spending version of eating most of your calories from ice cream rather than whole foods. Spending $50K on private school tuition, or a better house in a better location, thus allowing you to have a shorter commute or a more walkable neighborhood, might be an overall better quality of life change than going on a few vacations a year or having a nicer car.[/quote]

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