The easiest mistake is letting a raise disappear into your old spending habits. A better move is to decide in advance how much goes to savings, debt, and lifestyle so the extra money has a job.
If you already have a solid budget, use the raise to strengthen the things that matter most: emergency savings, retirement, debt payoff, or a specific goal like a home or trip fund.
It is also fine to let a little of it improve daily life. The point is to make the raise change your future, not just your monthly noise level.
Sources
This is general information, not professional financial advice. For decisions about your situation, talk to a qualified professional.
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