SLIDESHOW: 5 smart things to do with your paycheck

MoneyMax.ph

Posted at Apr 19 2015 12:40 PM | Updated as of Apr 22 2015 05:59 PM

(Editor's note: This article was written by MoneyMax, the Philippines’ foremost online platform for comparing financial and telecom products and services, for ABS-CBNnews.com. Find out more at MoneyMax.ph)

There’s a euphoria that comes with getting that first paycheck from your first job. It makes you feel empowered, like you’ve accomplished quite a bit in the first few weeks since you graduated and landed on a job. With that feeling, of course, comes thinking about all the things you can suddenly do, and the shiny stuff you can suddenly have.

Rewarding yourself for the first time is a very real thing, and there are ways to do that and be smart about how you use that very first paycheck. It goes without saying that you should probably start budgeting (and there’s an app for that), then getting necessities out of the way, and putting away a little bit to save. But what else can you do with it? If you’re curious, here are 5 smart things that you can do with your first salary: