Career Information Literacy Libguide: Money Matters

Getting started in the area of personal finance might include several things to keep in mind. Here are a few money management strategies that will help you at any stage of your life.

• Be patient and controlled when handling your money. Save up to pay cash before considering the option of credit. 
• Learn to budget and live a standard of life that is within your means 
• Educate yourself on key concepts of ho to manage your personal finances effectively 
• Make your emergency fund a financial priority, even before other savings goals.
• Save for retirement from the first salary. The process of saving for retirement is one that takes time, commitment, and careful planning.

Negotiating a salary

One of the main factor job candidates consider when looking for new opportunities is compensation.

• You should do extensive research on the average salary for a person with your level of education and experience before you start talking numbers. 
   
• Consulting the research you have collected, establish a starting salary that you are willing to accept and be able to motivate 
   
• Prepare a negotiation strategy listing all talking points with all possible scenarios that may arise 

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