Originally Posted by
But seriously
How about: “Take the bonus, just budget for the fact that you will need to repay it if you leave”.
Also, I’m not a CPA, but I’m fairly sure that if you repay the bonus, you can write it off on your taxes. You’ll only pay taxes on the portion you keep.
All true. Take the money and put it somewhere until you hit the end of year one then you can spend half of it and wait until you hit the end of year two and you can spend the rest. Or since you’ve been living without it, leave it where it’s at. But don’t plan to leave without paying it back. Companies spend a lot of money on lawyers and have the connections to easily send your debt out to collection and ruin your credit. And you’d be surprised what bad credit can do. A number of employers check it. Your insurance can be higher because of it.
Just like anything. Do what you think you need to.