Tag: First Paycheck
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What Exactly Should I Do First When I Get My First Paycheck?

Receiving your first paycheck is an exciting milestone, but knowing how to manage it can be daunting. Begin by understanding your net pay and creating a budget using the 50/30/20 rule. Build an emergency fund, pay off high-interest debt, save for long-term goals, and remember to budget for enjoyment. Taking these steps fosters financial confidence.