Saving Money for the New College Grad

When you graduate you have the entire world in front of you, and while that’s extremely exciting, it can also be really scary and daunting. Sure, you can learn from your elders some best practice techniques for making it in the world, but there’s nothing that beats living it to force you into figuring out your own way of doing things out there. One of the hardest things to do is to save money and be able to use your intro-level income to make it in the world. So how can a new college grad get by on his new college grad pay? Here some tips they might not tell you in college.

Ramen Noodles

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Ramen noodles, the age old college kid and recent college grad food for those with no money. It’s a sign of poverty, financial hardship, and overall terrible place in life. But it doesn’t have to be! All it takes is a little creativity and you can turn the same boring and cheap ramen noodles into an actual legitimate meal. We like to add fresh veggies to the soup – broccoli works good. Also, you can drop an egg into the broth halfway through and make it a makeshift egg drop soup. Also, make sure you have sriracha and you’ve got yourself a viable gourmet meal for under $1!

Used Car

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Obviously you have to buy a used car when you need to get a car unless you have rich parents who buy you a car as a graduation present, which can hardly be counted on for most normal people. But when you are in the market for a used car, you can’t just go to CraigsList and to get a car there, you never know what you’re going to get. It really makes a lot of sense to go to a dealer like used cars anaheim and get something off their lot. While you may spend a few extra dollars over what you might be able to get online, the peace of mind is worth it. Look at their site to see what kind of options you have and you’ll be impressed with the diversity – http://mcpeekdodge.com. Saving money now may cost you in the future.

Communal Living

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Another great way to save money and get some life experience is to live in an apartment with a bunch of other people. It’s not ideal, but it can get your rent down low, since not only with the room be cheaper but the utilities will be split multiple ways, and also it’s great life experience. You won’t be able to get away with living like that even in your late 20’s, so might as well get it out of the way now. You’ll learn about life, about cooperation, about how to deal with frustration and sharing with people who suck at sharing. It will be awful, but also awfully good experience, while saving money.