Congrats! You have served your time in the classrooms, worked hard to get some job experience, and now you’ve finally landed your first “real” job. The thrill of landing a real job can quickly be replaced by the feeling of not knowing what to do next. You aren’t alone in this feeling. People work hard towards their goals and once they achieve those goals, they have to stop and wonder what comes next. We’ve got some tips to help you make the most of that shiny new paycheck that will be in your hands soon.

Sit Down and Set New Goals

What is life if you don’t have goals to work toward? Now that you have landed the job you’ve been working hard to earn, it’s time to start looking ahead.

Create short, medium, and long-term goals. Do you want to pay down debt, save for a house, go on vacation, or all of the above? Setting clear goals will give you guidance once those real paychecks start rolling in.

Make the Most of Your Employer Offers

The benefits from the job you had back in high school might have only amounted to a discounted meal while working. Now that you have a “real” job, there are a lot more benefits coming your way.

One of those benefits you absolutely need to make the most of is employer 401k matching. This is essentially free money just for investing some of your pay. Employers will often match a portion of your savings up to a certain amount to help you build your savings even faster. Find out how much your employer match offer is and do your best to max out that offer.

Save Small Amounts to Build a Big Nest Egg

As you look at the goals you have created, you may realize that your increased paycheck is starting to be stretched pretty thin. Of course, your rent has to be paid, student loans need to be paid off, and your credit card debt needs to be eliminated. But people often believe that the small amount left over is not enough for investing. That couldn’t be further from the truth.

Investing small amounts over time can add up fast. Check out the compound interest investment calculatoron the Securities and Exchange Commission’s website to see just how fast small investments and interest can grow. As you pay down debt and have more money left over, increase the amounts you’re investing to reach your goals faster.  All you need is a basic plan and a little bit of willpower.

Ready to Get Started?

Even after reading all of that, you may still feel a bit overwhelmed. Evatimakes investing for any size of goal simple, easy, and affordable. For as little as $1 per month, you can get started on the path to a better financial future.