Your first salary

By admin
17 October 2013

Three top tips about how you can start using your salary from an earlier stage to secure a better financial future for yourself.

Three top tips about how you can start using your salary from an earlier stage to secure a better financial future for yourself.   1. Make an appointment with a financial planner.  Ask advice from someone older who’s been using such a person and therefore knows they’re reliable. A financial planner can advise you on how to divide your salary between necessities and entertainment – in other words how to draw up a budget. If you learn how to live according to a budget from the beginning you’ll never end up in dire financial straits and have to resort to eating dry pasta in the third week of the month because you’re broke . . . 2. Start a savings plan. It’s not going to be pleasant having to say no to another weekend away or restaurant meal with your friends. But you’ll certainly reap the rewards when you can put down a deposit on your first flat.  3. Start planning for your retirement. Yes, you really will be a retiree someday. So, the quicker you start making plans for your retirement the greater the chances you’ll have a respectable home and will be able to afford that annual trip overseas in your golden years.  -Elna van der Merwe, lifestyle rewriter, YOU Share your thoughts:

Find Love!

Men
Women