Money is one of the biggest stressors in all of our lives, but after college when you have just spent your savings or took out a loan, it ways heavy on our hearts. Money might make the world go round, but it does not have to make you go crazy. There are many helpful tips out there to get you from college grad with financial debt, to a college grad free from worry. Here are 7 tips, from a Princeton Moving Company, for you.
You should be doing your best to put away 20-25% of you paycheck each week. Then, do what makes you happy with the rest! There is no need to hold yourself back from things because you are stressing about your financial situation, adding extra pressure does not help anyone! If you are able to put away money, you are doing what you need to do! If you can put up to 20-25% away, you are doing much better than what you think! If you can do that, you are saving more than what 99% of people were able to when they got started!
Start Tracking Your Money
There are many different apps and options out there to help you start tracking where you are allocating your money. No matter how small, or how much you have, it is good to be paying attention to where your money goes, whether its savings, investments, or payments. If you know where your money is going, you know how to better handle it. What to put more into such as savings or investments, and where to pull back from, such as purchases or subscriptions.
Better Money Habits
It only takes one month to build a new habit! So start today! Small consistent changes create huge change and growth.
Do Not Wait On Your Perfect Career
You never want to settle for less, but it takes work to get everything you always wanted! Get a job doing something as close to what you really want as possible. Start building your network, start creating ideas and avenues in your life! Never be so focused on the end result that you miss all the steps on the way!
Princeton Moving Company | Take a Chance- its not a risk
Mistakes are how we learn and grow, it is a part of life to stumble because it teaches us how to stand up stronger. Too many of us are striving so hard to be everything we hope and dream we can be that we stress perfection, rather than being proud of our progress. Be proud of how far you have come, many of us don’t find our perfect career right away. It takes time and experience to really know yourself and where you want this dream to take you. So get out there and try things, those things, and the mistakes you may make along the way just might be the thing that spells it all out for you.
We all want to go out and have a good time and unwind, but there is a right way to do it. Don’t eat out everyday with friends and wonder where your money went. That is just one example of a good place to start cutting back. There are many others, such as commuting. If you are taking an uber to work everyday, try looking into public transportation. If you have the option to live rent free, then seize that opportunity to grow your wealth.
Princeton Moving Company | Never Stop Learning
Whether you start looking into good investment ideas to build your finances outside of your career, or looking into Roth IRA’s to grow your money, new skills are always beneficial. If you can learn new skills that you foresee are becoming a huge demand for the future, then you always have things to fall back on. Do not limit yourself to your dream career, rather open yourself to all the possibilities out there. You never know what you may find, or who you could meet that may rocket you into the next level of your life. It is always good to find a hustle that works for you, and subsidize your career income. Try not to get caught up in having a perfect life, you will be so busy stressing that you might miss the life you have. Life is what we make it. So if you are a college grad looking for a move, there is no better Princeton Moving Company than College Grads Moving & Storage.