Starting
the first job is always a very special incident to all of us. But,
most of the people, in first days of career, tend to overspend and
thus, face problems in their later lives also. To avoid it in your
career too, know how to save money from Justin Urbas.
Make
a plan: After getting the first salary, people get so excited
that they forget to make financial plans. If you want to save a
decent amount of money from your first salary, you should not miss
it. Saving money would be easier if you make the financial plans
properly. You can make an estimate of all the expenses-such as
billing expenses, entertainment costs and other long term savings
plans and allocate the money accordingly.
Negotiate
properly before starting the job: When joining the first job,
many of us do not give much importance on proper negotiation
regarding salary. Justin Urbas suggests that there is no point
in working in wages lower than your deserved amount. If you want to
stay in sound financial position from the very beginning, ensure that
you are getting proper value from the company.
Check
your budget regularly: From the first month of your job, you have
to check the budget regularly. You can maintain a log to track your
daily expenditures and savings. Such logs will help you to identify
the extra expenses and save money in long run.
Insure
yourself: From your first job, you should try to save for worse
situations. Nowadays, the medical expenses have been increased a lot.
You should try to insure yourself properly for getting financed when
you are ill.
Justin Urbas also considers that opening a separate savings account
would also be effective to save money. In addition to this, you have
to develop the smart and attainable goals also for ensuring a good
financial condition for you in future.
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