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What I Did With My First Paycheck

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I find it pretty hard to get excited about my bank account, but when my first paycheck was paid in, my heart did a little jump for joy.

There was something about seeing the new figure that made me smile—and breathe a sigh of relief at the same time!

I had always wanted to purchase something special with my first paycheck, and after the bills had been paid I set to work thinking about what I could buy. I settled on a simple silver ring and bracelet from the Tiffany & Company 1837 collection that I had lovingly looked at a few weeks before. While both items certainly weren’t cheap, I am proud of the decision that I made.

Over a year on, I continue to wear both items every day, and as I type this article and look down at my left hand, the ring reminds me of the hard work and determination I have put in to get to where I am today.

I wanted to mark receiving my first paycheck in a special way, so that I would remember for years to come. Achieving that first step on the career ladder is a big step for any woman, and to me, not marking it in a way that highlighted my pride in my hard work would feel completely wrong. My purchase came at a time before I was committed to monthly expenditures such as car loan payments, gasoline, and adding to my savings. I have not felt one ounce of guilt since.

I’ve managed to buy other lovely things thanks to my paycheck—an Alexander McQueen scarf and a Tory Burch handbag some of my favorites—but the Tiffany items will always remind me of my first job and the hard work it took to get there. Even though they were a treat, they also remind me of the hard work that lies ahead!

I’ve always had a taste for the finer things in life, and earning my own money makes me appreciate what I spend it on much more. No longer do I look to whittle away my cash on inexpensive items that I will probably hardly ever wear. I now invest in key pieces that will see me from season to season.

Investments can come in any shape or form—perhaps if you are a writer you’ll spend your first paycheck on upgrading your computer, or if you’re an artist you’ll purchase a new set of materials. For me, my purchase was about expressing my individuality and investing in two special pieces of jewelry that will always remind me of how far I’ve come, and how far I have to go.

What did you do with your first paycheck? Tell us in the comments!

Topics:

#Money Investing #Paycheck Lifestyle Career Advice
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I bought myself a MacBook with my first paycheck. A year later, it's still my pride and joy (even if I got a newer MacBook for work.)

Carly Heitlinger
Carly Heitlinger

I was afraid to spend money for the first few months! I kept hearing my dad's voice in the back of my head to save money!!! Once I hit a significant financial goal that I had previously set, I did buy an iMac though!

My first paycheck went right into my savings. It may not sounds special, but it was to me! It was the first step toward making progress on paying back my student loans, so I was pretty proud :)

Yes! I never did this when I had the opportunity to. I may still be in school, but I absolutely dread seeing my statements. Lowering or even paying off my balance now will make it possible for me to save up for a house or even start a college savings for my little brother and sister.

I bought a designer bag with my first paycheck. I made a significant investment in myself! Now 3 years later, it is still my favorite purchase and makes me so happy to say I could afford it!

I wish I had made a personal investment with my first paycheck, but I was too scared. That being said growing up I bought some important things for myself and that makes me proud.

A much lusted after Signature Strip tote from Henri Bendel. I negotiated a signing bonus so I could indulge a little and still be very financially responsible with that first paycheck. He's still very much treasured and I can't wait for spring to arrive where I live so I can free him from his dust bag!

I bought a gym membership to an amazing gym.

I grew up in a family, where, from a young age, I knew about the financial stance of mÿ low-income family...this has made me incredibly conservative with my money. I get buyer's remorse before I reach the checkout line. Someone tell me what's a quality/splurge/treat of a purchase all in one!

In my culture, your first paycheck goes to your parents and is seen as a sign of respect and gratitude. So that's where my first check will go.

BUT there is definitely value in buying key items for yourself. The first big purchase I made after college (with my grad party money) was a Michael Kors classic black and gold watch. When the new job comes around *crosses fingers* I will be making a similar purchase but this time in Champagne Horn. And also a MacBook Pro. My 2006 MacBook from college needs a break!

Something you will use religiously - either for work, home, or both: watch, new computer, great DSLR...
Those are usually what come to mind for me.

That is such a gracious and lovely tradition. Thanks for sharing!

TOBI! I love this. I owe my parents so much for what they sacrificed so that I could have the opportunities I have. And let's be real, if I give the check to my mom she'll do what she always does and just buy me a gift I wouldn't buy for myself!

So great to hear that many of you made a similar decision to me and spent a little of your first paycheck on treating yourself!

I have a nearly identical story! I bought a David Yurman stackable ring with my first paycheck -- one I'd been lusting over for almost a year. That was the first time I'd ever splurged on anything, but I'm glad I did. I wear it every day, and like you, I often look down at it when I'm typing and feel a sense of pride. Thanks for sharing!

Fantastic to hear Samantha- a woman after my own heart! :)

My first paycheck is going right into my savings. But I'm proud to say $8 of it will be spent on these cute little hedgehog measuring cups from Anthropolgie. I've wanted them since I was a freshman in college.

Oh my gosh! I love this answer! Once I find a job as well, I'm going to do exactly that! I'm very excited about it! :)

I love this idea. I struggled financially in college as my mother was unemployed and I had to work hard just to survive. I'm so excited that I have this new job and I worked so hard. I'm going to be searching!


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