5 Money Decisions You Must Make When You Get a New Job
A new job brings a lot of changes, and it's often a little overwhelming in the beginning as you're settling into a new work environment and trying to understand what's expected of you. You'll have to make a number of decisions, not only about your job, but also about your finances. You can always change your mind later, but it's easier to get it right the first time. Here are five of the most important money decisions you'll have to make.
Your tax withholding allowances tell your employer how much of each paycheck it should withhold for taxes. The more allowances you claim, the less money is withheld from your taxes. But that doesn't change what you owe at the end of the year. Claim too many allowances and you could end up owing the government instead of getting a tax refund. Claim too few and you'll have to wait until you get your tax refund to use the money that should've been yours months ago.
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Source Fool.com
