What To Do with Your First Paycheck
You’ve graduated from college and landed your first job in the “real world.” And now that you have your first paycheck, it’s easy to feel as though you’re finally making “real” money — but that first paycheck is just the first step in learning how to manage your money and prepare for your future.
Before splurging on an expensive purchase, consider how your spending and saving habits now can impact your future livelihood and eventual retirement. Developing good habits and being responsible with your money now can mean financial freedom down the road. Here are some things to think about: