Decoding Bonuses and Raises: What's the Real Value of Your Bonus, Raise, and RSUs?

In this episode of Techie Personal Finance Bootcamp, we explore the real value of bonuses, raises, and stock options with a focus on how taxes can greatly diminish their apparent worth. We delve into examples to reveal the true post-tax income you can expect. Additionally, we highlight common mistakes like lifestyle inflation and poor financial planning that can lead to overspending and emphasize the importance of intentional money management and the impact of taxation on financial decisions. Here is a link to access the Real Value of Raise Calculator. https://docs.google.com/spreadsheets/d/1_5oU96ZLYounxhn-SKBCj6YWcU_HfyaxUxgSDzH3a4s/edit?usp=sharing