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Getting your first paycheck is exhilarating – you`re finally old enough to have a job and the money in your hands is hard-earned cash. What a feeling!

So now what? How do you do this whole “money” thing wisely?

First and foremost, your money should always fuel what you`re most passionate about – both long-term and short-term. You are the boss of your money – give it a job to do that works for YOU!

Create a spending plan

Calculate your monthly income (including if you get an allowance). Next, subtract your expenses. Do you pay for your own gas or buy your own school lunches? Make sure you subtract an entire months` worth of these from your total income.

If you want an easy way to keep track of your income and expenses, consider using our free budgeting tool, Track Every $, in our mobile banking app.

Set goals for yourself

Short-term: what do you want to spend money on most? Going to coffee or dinner with friends? Buying a cool new outfit or video game? Allow yourself 10% of your paycheck to have fun or put towards something you can afford in the next month or so.

Long-term: are you thinking about college? Maybe you want to study abroad? Start putting aside 10% of your paycheck into a different savings account or envelope (if cash) to start building your way towards your goal.

Check your balance every day

Whether you`re using cash only or a debit card, make sure you get an idea of how much money you have in your account or wallet every day. This will help hold you accountable so you don`t overspend.

Try using cash-only! A Psychology Today article summarizes that people spend less money when paying with cash than they do paying with a card.

Resist the urge to spontaneously spend

Remind yourself how many hours and how much work went into the money you`re about to spend. Is all that hard work worth what you`re about to spend your money on? If not, it might be a good idea to rethink the purchase.

If this is something you struggle with, budget for it! Set aside 10% of your paycheck for spontaneity!

Shop with your parents

We all know your eyes are rolling right now – but trust us, this will shed new light on things!

You`ll notice how different brands of the same product are entirely different in price, how buying in bulk can be more beneficial for certain items, and how to achieve a balance between healthy/fresh foods and more “fun” foods that are cheaper.

Then at the end, see how much that shopping trip cost. Was it more or less than you expected?

Save for a rainy day

Rain happens – something comes up at school and you need to buy extra supplies or you want to help out your parents during a tight month.

Put 10% of your paycheck into a rainy day fund for these unexpected occasions.

Breaking down the budget

So now you have all these different items to consider, but how do you put it all together?

Let`s say you make $400/month at your job and through allowances. Here`s an example of what your monthly budget could look like:

• • Gas: $70/month

• • School lunches: $70/month

• • Short-term savings: $40 (10% of income)

• • Long-term savings: $40 (10% of income)

• • Rainy day: $40 (10% of income)

• • Spending money: $140

Now it`s your turn to figure out what works for you! Download this free teen budgeting worksheet by Frugal Fanatic or log into our Online Banking to set up your budget in Track Every $. You`ve got this!

To learn more, check out Canopy CU

Steel channels, such as the ones you can order at - They are utilized to construct bridges, steel structures and in the manufacture of vehicles. The channels made of steel are typically constructed of flat steel plates that have been rolled into a round shape.

The production of steel channels in industry involves three steps including welding, stamping and coating with powder.

To form channels of steel, the flat sheet is cut into a circular shape by using a die that has an embossed pattern on the surface. The die is then rotated to form the desired cross-sectional shape for the channel. The process creates an outline along both sides which is visible when it isn`t coated with paint or another material.

The stamping process also produces two edges on each side which are welded to form a single edge across the length of the channel. The edges are then ground to create a smooth finish.

Channels that have been treated with heat may be stamped using an automated method. This allows the production of huge amounts of quality channels at low costs. The process is comparable to the manual method, however it uses high temperature and pressure steam instead of air which allows for the machine that stamps to run continuously without interruption. Find out how you can make a request for an individual channel made of steel on - for your company.

What are the benefits to using Steel Channels?

Steel channels provide a number of advantages when compared with other materials. Steel channels are easy to use, flexible , and light. They`re perfect for applications in which weight has to be reduced, such as for residential construction. They are corrosion resistant, making them an excellent option for outdoor use.

What are the disadvantages to using Steel Channels?

Steel channels are heavy and hard to move, which is among the drawbacks of using them. They can be expensive and can be difficult to put in correctly.

Steel channels, like the ones you can order at a list of RollerDie's Steel Channels can be used to construct bridges, steel structures as well as in the production of vehicles. Steel channels are generally made from flat steel sheets that have been rolled into a circular shape.

Steel channel production in the industrial sector requires three processes including welding, stamping as well as powder coating.

To form channels of steel, a flat sheet is stamped into a circular form using a die that has an embossed design on its surface. The die is turned to form the cross-sectional shape that the channel will take. This process leaves the pattern along both sides that can be observed when it is not coated with paint or another material.

The process also generates two edges on each side which must be welded together to form a single edge across the length of the channel. This edge is then ground to create a smooth finish.

Heat treated channels may also be stamped with an automated method. This allows for the production of large quantities of good quality channels at low costs. The process is comparable to manual processes, but utilizes high-temperature and pressure steam instead of air, which in turn enables machines to operate for a long time, without interruption. Find out how to request a custom steel channel build at Roller Die + Forming for your business.

What are the benefits of Steel Channels?

Steel channels provide a number of advantages when compared with other materials. Steel channels are easy to use, flexible , and light. They`re perfect for applications in which weight has to be reduced, such as for residential construction. They are corrosion resistant, making them an excellent choice for outdoor applications.

What are the cons for Steel Channels?

Steel channels are heavy and hard to move, which is one of the disadvantages of using them. They are also expensive and may be difficult to put in correctly.