Monday, 09 October 2023 04:01

7 TIPS so your paycheck doesn't slip through your fingers

Written by Leydin Sorto

One of the most anticipated days for every worker is payday. So implement the following actions so that your paycheck doesn't slip away when you receive your paycheck.

1. Save 10% of your salary. Set a goal and try to meet it.

2. Do not buy on impulse. Plan your expenses so you don't have financial problems while you receive your next paycheck.

3. Always pay on time. Avoid late payment fees, they will generate a negative credit history and will cause your money to be spent without realizing it.

Pobreza, En Blanco Y Negro, Emoción

4. Save on transportation. Reduce your trips in private transportation services, walk, bike or carpool with neighbors.

5. Cell phone plan or recharges? Analyze how much budget you allocate to this service and consider which of the two options suits you better and if you really have the one you need or if you are overpaying.

Hucha, Ahorro, Dinero, Mujer Joven

6. Hydration is important. Instead of spending on daily bottles of water, you can buy a thermos and fill it at home.

7. Don't go into debt. If there is something you like but you can't pay for it at the moment, don't apply the "tarjetazo". Remember that you will have to pay for that purchase later.

You are the only one responsible for taking care of the money you receive for your work, so plan, save and do not waste your paycheck.

 

Translated by: A.M