6 smartest money moves to make with your first paycheck
Once you start earning, expect bigger expenses in future, such as buying a car, home or educating your kids. The earlier you start setting aside money for these expenses, the better Earning your first salary is the best thing every graduate dreams of, but knowing what to do with it is far from simple. This is, perhaps, because many of us are never taught the basics of money management or the impulsive reactions that it comes with. While many end up in high end joints with their friends for some bites and drinks, other visits boutiques to change their wardrobes. This is but the beginning of money problems unless soon addressed. BT spoke to Jackline Mugo, a certified investment adviser, about the smartest things to do with your money when you start earning. Before throwing an expensive bash, thinking of a vacation or going on a shopping spree, consider these money moves. 1. Seek financial management tutorials According to Ms Mugo, you can start seeking for financial advice long before you have the cheque in hand or the money hands in your bank account. This, she says, will give you a better guide and knowledge on how to prioritise your spendings,…





