More Money Means More Responsibility
Welcome to the real world! Now is probably the time when you’re truly independent and you have to really deal with the consequences of every financial decision you make!
You’re probably also earning more money than ever before, and this feeling of freedom can lead to some poor spending choices that undermine current and future plans.
Track Your Weekly Spending
Costs at this time in your life likely are lower than they ever will be because you don’t own a house yet and you haven’t started a family. Make this work to your advantage by keeping detailed records of how you spend your money relative to what you earn. Devise a chart that shows what you earn per week and track your spending each week to get a sense of what expenses you can reduce.
Relying on a debit card connected to your PrimeWay Federal Credit Union checking account for everyday purchases can keep you from spending more money than you have at any particular moment.
We also provides calculators that show you how spending less can really pay off, including the benefits of even just bringing your lunch to work versus eating out every day.