Getting that first payslip and being able to spend your money on whatever you want can be exciting, but it can be easy to get carried away with your spending. Poor money management when you’re young can lead to financial difficulty later in life. To help prevent that from happening, here is some money advice every young person should know.
Don’t borrow more than you can afford to pay back
Once money starts going into your bank, you might start getting offered overdrafts, loans and credit cards. You may also be able to apply for store cards, car finance, mobile phone contracts and other types of credit.
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