MONEY TALKS: What do you do with your salary?

Creating a money routine helps you avoid the financial treadmill
  1. Budget, First Review your spending the previous month, if it's your first paycheck, Create an actual budget for the paycheck you just received. Ensure the budget includes savings, debt repayments and spending.
  2. Pay yourself first, take out a minimum of 10% of your income and save that into an emergency fund and/or retirement fund.
  3. Pay down your debt, put away funds for debt repayments that are due. Do not wait
  4. Pay those bills, prioritize your bills between needs and wants and make early payments on all the mandatory expenses. Pay them on time, don't wait
  5. Plan for the rest of the wants enjoys the rest of the money freely. Take care of your wants and remember to stay on budget lest you find yourself in debt.

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Financially Fit Africa is a principle-centered wealth education and the premier global financial community for individuals, families, and professionals.

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Financially Fit Africa

Financially Fit Africa

Financially Fit Africa is a principle-centered wealth education and the premier global financial community for individuals, families, and professionals.

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