Getting to that point in your career where you’re finally making real money is a reason for celebration. Whether from getting the job you went to school all those years for, working your way up to more responsibility, or getting a significant annual bonus, having more income is a great feeling.
Besides more income for the day-to-day, what you’ve accomplished is finally putting yourself firmly on the first stage of a financial journey that could result in long-term wealth. Retiring early, taking time out from a career, accomplishing goals like buying a house, buying into a practice, or starting your own business, all of these are now within reach. But how you handle the first stage of higher income makes a huge difference in how soon your goals become a reality.
It’s a lot to take in, but there are some easy steps you can take to keep more of the income... ...
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