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How should you spend it?
Pay back debt?Investfor the future?
Every option feels weighty.
I remember a particular young professional client around their mid-20s.
It was a big moment for them; they didnt know how to spend their income.
As a team, we decided to save first, manage debts and invest thereafter.
There are many ways to go about it below are somethat may work for you.
In my experience, the first thing you should do is revisit your financial goals.
She noted that starting early builds momentum and allows compound interest to do its magic.
I recommend allocating at least 20% of your paycheck tosavings and investments, following the 50/30/20 rule.
Pay attention to your discretionary spending categories, as well.
Just check that that reward doesnt derail the bigger picture.
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