Advice On What To Do With Extra Income

The U.S. Census Bureau is reporting the median household income rose 5.2-percent, or $2,798, in 2015 over 2014.

Katie Ossler with GreenPath Financial says now is the best time to use that income strategically.

To do that, the nonprofit counseling and education organization has put together five tips in the acronym PRIDE — preserve money for retirement or college, reserve for emergencies, invest, donate and evaluate your priorities.