Smart Money Moves to Make After Your First Salary

 Congrats — you just earned your first real salary! But before you blow it on drinks, gadgets, or the latest asoebi, read this. Here are the smartest money moves you can make with your first paycheck.

1. Split Your Money With Purpose

A simple breakdown:
- 50% for living expenses
- 20% for savings
- 20% for investments or side hustle
- 10% for fun

You don’t have to follow this perfectly — but always give your money direction.

2. Start an Emergency Fund

Even ₦5,000/month can grow into a buffer. Save into a separate account. Don’t touch it unless life says so.

3. Don’t Fall for Lifestyle Inflation

Just because you earn more doesn’t mean you should spend more. Avoid unnecessary subscriptions or eating out daily.

4. Invest in Knowledge

Use part of your earnings to learn a skill (digital, soft, or trade). That way, your first salary seeds your future income.

5. Track Every Kobo

Use Google Sheets, Notion, or a simple notebook. Know where your money goes — and where to cut back.

6. Try a Low-Cost Side Hustle

Use ₦5,000–₦10,000 to test a small hustle. Example: digital design, CV writing, social media services, mini importation.

Wrap-Up

Your first salary can either disappear or multiply — the choice is yours. Start smart, grow steady, and your future self will thank you.