What should I do with my first salary?
What should I do with my first salary?
What is the best thing to do with a first salary?
- Highlights.
- Start an FD account for a safe investment.
- Invest in mutual funds for high returns.
- Buy medical and life insurance early in life.
- Keep aside a contingency fund for emergencies.
What will you do with your first salary interview question?
11 Most Meaningful Things To Do With Your First Salary
- Buy everything you’ve always wanted to. Image Courtesy: Flickr.
- Clear off your dues. Image Credit: SkMecca.
- Send a token of your gratitude to those who helped. Image: Titan.
- Start investing.
- Get a tattoo.
- Help someone.
- Go on a trip.
- Pamper yourself.
How can I put my first salary to work for me?
Here’s how to put your first salary to work for you. 1.) Watch your expenses “When you get that first salary, it feels so well-deserved,” says Abigail Gunderson, certified financial planner at Tanglewood Total Wealth Management, a comprehensive wealth planning firm in Houston, Texas.
What is so special about your first paycheque?
Your first paycheque is always special. After years of spending your parents’ money, there comes that one day in your adult life you see the magic words “Your Salary Has Been Credited” for the first time in your mobile phone. Irrespective of the amount or the company, that moment is always special.
Is your first salary too paltry?
You may consider your first salary too paltry or yourself too young to actually consider investing. But each and every penny invested correctly helps multiply the money over the long term. The sooner you start investing, the better.
What should you do with your salary?
Go get a nice spa massage, a facial or simply binge on some ice cream. You have worked hard, and your salary is the most tangible form of reward of your hard work. A little indulgence can be forgiven.