Financial Tips: How To Manage Your Finances After Getting A Raise

Getting a salary raise may be a fresh start for your career but also a great time to hit the reset button on your finances. Before you start celebrating your new victory, as a salary earner, now may be a good time to reassess your financial goals even before your first salary comes in. As this would prevent from struggling with the same money problems you had before. 

You probably know that “more money, more problems”, getting promoted won’t necessarily mean financial success if you do handle your money very well. 

Not sure what to do? Here are smart ways to managing your money: 

1. Update your budget:

Use this time out to set your money expenses and ensure you are saving the rest of your money. Keep track of your money and evaluate all investments possibilities.

2. Know yourself to improve yourself:

Assess your financial roadblock, because no amount of job change or salary raise would increase your chances of achieving all your financial goals if you do not change how you spend your money. Your next promotion may not make you rich if you do not do a self-evaluation.

3. Grow your money:

Rather than focusing on the salary raise, think of new ways to grow your money:

• Don’t buy what you don’t need. 
• Sell anything you haven’t used in a year. 
• Don’t impress people with things, impress people with your investment. 

With a Rosabon Earning Plan, you can be on your way to securing money for your future. With low as N20,000, your financial future is guaranteed. At Rosabon Financial Services, we are here to guide you through your daily lives and solve your everyday needs, click here to get started. 

Alternatively, you can contact us today and call 0700-ROSABON (0700-7672266), 01- 4601130, 090-8898-8555 or call Sophia on 0815 084 6659 (Port Harcourt), Chineye on 0815 088 0082 (Port Harcourt) or Aderonke on 0811 239 1001 (Abuja) or send us an email at [email protected]