My $40,000 salary was barely enough to get by, but when I got a $5,000 bonus, I suddenly felt rich.
Even living in Birmingham, Alabama, I quickly realized how little my $40,000 a year paycheck actually was.
When bonus time rolled around, usually toward the end of summer and right before the winter holidays, it felt like I'd won the lottery.
All of which is to say, it was a big expense — one that a $5,000 bonus could have knocked out with money to spare.
My bonus wasn't really a bonus, but a necessityI realized the company was using bonuses to pay us a living wage, when that's not what a bonus is supposed to be.