1) Don’t spend too much
You landed your first job and might even have money deposited into your account twice a month…but go slow spending it. You want to start building up a cash reserve, so figure out how much you can live on and save the rest.
3) Think about the future (yes, retirement is a long ways away)
Saving even a little in your 20’s can make a big difference later on in life. If your company has a 401k plan, make sure to participate. Try to place a minimum of 10% of your pre-tax salary into this account.
4) Create a healthy credit score
Do your homework and find a starter credit card account to start establishing a credit history. Spend a little each month and pay your balance in full. By making payments on-time you are proving yourself to lenders.