Getting a job is not easy, but more often than not, a lot of people forget exactly that once they finally get a job. They forget they have so much to do, and that there’s a reason they went in search of one in the first place. And yes, it’s possible you think you’ve not stepped a foot wrong, but how sure about that are you?
Here is some spending advice for you who probably just got their first salary, or you’re looking to do so soon.
TAKE CARE OF YOUR DEBTS
Offsetting part of your debts is one of the ways to spend your first salary. Once you get paid, do a proper calculation of your debts and offset everything.
Your debts in this sense include loans from friends and family and any other financial commitment you engage in. As a matter of fact, one of the best ways to be happy in your adult life is when you offset your debts.
APPRECIATE THOSE WHO WERE THERE FOR YOU
One of the best ways to spend your first salary is showing appreciation to those who helped you. Remember, somebody informed you about the vacancy; it’s also possible someone was there to prepare you for the interview etc. So once you receive your first pay, there is nothing bad in showing appreciation by buying them gifts.
People who helped you most times aren’t expecting anything in return. But they will be super happy when you surprise them with gifts.
Your parents who have been there your whole life also fall in this category.
TAKE GOOD CARE OF YOURSELF
No matter how little, try to spend on yourself from the first salary you earn. There is nothing bad if you take yourself to a nice eatery and enjoy yourself. After all, you are the person making the money, and you need to spend on yourself sometimes.
It’s also a good time to get the things you really need. You need to look very smart at work, so get new good clothing, shoes, belts and any other outfit or accessories that will make you look presentable.
These things are important in the work environment as they will help increase your self-esteem at work.
But remember to work within your budget and don’t overspend. You’re not trying to impress anybody.
It may interest you to know that your retirement journey begins the day you start working. Therefore, you have to develop a good saving culture starting from your first salary.
No matter how meagre your salary may seem, try to save an average of 20 percent from it every month. This will help you to plan your life, and live comfortably in future
HELP THE NEEDY
As part of the ways to spend your first salary, you can help the needy. Several people are homeless, hungry, without clothes etc.
There is nothing bad if you take a token from your salary to help these guys. Like they say, ‘Givers never lack.’