If you are a civil servant in Eswatini, chances are your smile has been a little brighter lately and rightly so.
With the recent back pay finally anticipated to be hitting accounts, many have found themselves with a bit more breathing room and temptation in their wallets.
However, before you rush to swipe that card or book that long-overdue getaway, let’s pause for a moment and talk about how to make that money work for you, not the other way around.
It’s perfectly fine to celebrate your hard work after all, you have earned it. Wise spending now could mean greater peace of mind later.
Here’s a little guide to help you stretch that back pay and make smart financial moves that your future self will thank you for.
Try to clear or reduce your debt
If you have loans, store accounts or credit cards hanging over your head, this is your chance to breathe easier. Paying off even a portion of your debt reduces interest in the long -run and frees up your monthly income. As Proverbs 22:7 reminds us: “The borrower is servant to the lender.”
Save before you spend
Set aside a portion for savings, even 20 per cent can make a huge difference. Open a high-interest savings account or a fixed deposit. This ensures that when emergencies come knocking (and they will), you are not caught off guard.
Invest in your future
Consider starting a small side hustle, investing in unit trusts, or buying something that appreciates in value, not something that loses it overnight. Even small investments today can grow into something meaningful down the road.
Take care of home and family priorities
Use some of that money to improve your home, pay school fees in advance, or buy essential household items. These are practical investments that make everyday life smoother and more secure.
Treat yourself – responsibly
Life is to be enjoyed. You don’t have to deny yourself. Set a small portion aside for something that brings you joy whether it’s a new outfit, a family dinner, or a quiet weekend away.
Just do it within reason. Remember, money isn’t just for spending, it’s for building. Make every cent count and let this back pay be the beginning of a wiser, stronger financial journey.
Your wallet may be full today, but your decisions will determine whether it stays that way tomorrow.
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