You landed the job. You put in the hours. You got paid. Now what?
Whether you’re working a summer job, freelancing, or helping out with a family business, earning your own money is a big step toward financial independence. What you do with your paycheck can either make it disappear – or make it work for you.
Here’s how to stretch your money, build smart habits, and still have fun this summer.
5 simple moves to master your first paycheck
Save before you spend
Set aside a portion of every paycheck – 10% is a great start. Use a separate savings account so it’s not too easy to dip into.
Set a summer goal
Want to buy concert tickets? Save for your first car? Planning ahead helps you stay focused – and makes your spending more satisfying.
Keep track of where it’s going
Use an app or just jot things down in your notes. Seeing how much you spend on snacks, streaming, or fast food might surprise you.
Build your credit knowledge – before you need it
Even if you’re not ready for a credit card, learning how credit works now puts you ahead of the game.
Ask questions
Money can be confusing. Talk to a parent, trusted adult, or your credit union… that’s us! No judgment – just honest advice.
Want help setting up your first account?
We’ve got your back. Stop by a Rize location, give us a call, or chat with us online.
Make a difference… to your future self
July is Make a Different to Children Month – but you’re not a little kid anymore. Every smart money move you make now is a way to make a difference in your own future.