In our How I Manage My Money series, we aim to find out how people in the UK are spending, saving and investing money to meet their costs and achieve their goals.

This week, we speak to Zack Islam, a 22-year-old graduate who lives with his parents and three younger sisters in Luton.

Zack, who recently moved into the charity sector after beginning his career in asset management, began investing while at university.

Monthly budget

I recently switched from a £40,000 graduate analyst role in asset management to a £30,000 role in the charity sector as a programme co-ordinator, which more closely reflects my passions. While this represents a salary reduction, my investments have given me the financial security to prioritise meaningful work over earning the highest possible income. Before deductions, my pay is around £2,500 a month.