5 things you should always do with your money after you get a raise

Viacom Media Networks

• If you've recently come into some extra money through a raise or some other unexpected windfall, it's probably burning a hole in your pocket.
• But there are much smarter things to do with that money than blowing it all on fancy brunches or those shoes you've never been able to afford.
• Pretending like you don't have it, putting it in savings or investing it are smart moves to make so you don't regret overspending down the road.

Anyone who has ever come into a significant amount of money from a win quickly knows how challenging it can be to stay in control of spending habits, even when you feel as though you currently have the luxury of buying whatever you want.

Of course, excessively generous spending habits can leave your business and savings account in a much worse position than necessary, while also stunting expansion and reducing cash flow. Self-control is the name of the game, but beyond that there are several specific tips you can use to keep your spending habits reasonable after a sudden increase in funds.See the rest of the story at Business Insider

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