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re: How do I start saving after college?
Posted on 3/1/16 at 4:10 pm to Ingeniero
Posted on 3/1/16 at 4:10 pm to Ingeniero
quote:
How do I start saving after college?
Live with your parents.
My first year out of college I lived in my grandmothers old house which is paid off and no one was living there. It was a hour drive from my job, but it was better than shelling out 1k plus in rent. It is worth the sacrifice if you can bare to live with a family member for free for a year. I saved nearly 80% of my take home salary buy not paying rent. If I wouldn't have gotten married and let my wife talk me into living closer to the city we could have bought a start home cash. Instead of renting for a year and getting a mortgage.
Once you build a nice sum of money in your savings accounts, saving will become an addiction. Well at least it did for me. I hate shelling out $1700 a month in rent because my wife didn't want to live in Lafourche Parish.
This post was edited on 3/1/16 at 4:16 pm
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