Hong Kong, Aug. 4 -- Getting your first salary is a huge achievement and calls for celebrations. You may feel tempted to spend it all, but has money management crossed your mind? If not, we are here to give you tips on how to start saving money from your first job.

Hena Mehta, CEO and founder of Basis, a platform for women to make informed money decisions, believes it is never too early to think about budgeting. "Starting the habit of saving right from your first pay cheque can help you reap compounded rewards through your life," says Mehta. "If the idea of saving seems impossible, start saving just a day's worth of income, and slowly work your way up to 20-30% of your monthly income. And always save before you spend," she adds.

The tim...