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Message
Annual expenses for a college grad?
Posted on 5/29/13 at 12:04 am
Posted on 5/29/13 at 12:04 am
This is my first time visiting this board but in sure ill be frequenting now. I am graduating soon and I'm wondering on average how much it costs a college grad to live decently.
Would 40k a year be ok? Thanks
Helpful info:
Some student loans
And a car note(will be paid off 1 year after graduation. I may actually get it paid off as a grad gift
)
Would 40k a year be ok? Thanks
Helpful info:
Some student loans
And a car note(will be paid off 1 year after graduation. I may actually get it paid off as a grad gift
) 
8
Posted on 5/29/13 at 12:07 am to JAE20
quote:
This is my first time visiting this board but in sure ill be frequenting now. I am graduating soon and I'm wondering on average how much it costs a college grad to live decently.
Don't try and live up to anyone's standard. Do a little reading, your college and society growing up didn't teach you shite about money.
For starters: The Millionaire Next Door, Rich Dad Poor Dad, A Random Walk Down Wall Street.
quote:
And a car note(will be paid off 1 year after graduation. I may actually get it paid off as a grad gift )
Wow, thank them, that's nice.
Posted on 5/29/13 at 12:12 am to wegotdatwood
Thanks, I just downloaded Rich dad poor dad.
This post was edited on 5/29/13 at 12:14 am
Posted on 5/29/13 at 12:19 am to JAE20
Awesome, read that thing in two days.
You'll view $ differently.
You'll view $ differently.
Posted on 5/29/13 at 12:22 am to JAE20
As far as annual expenses, your situation is unique to you. Be as frugal as possible, you'll be happy you did/were. Don't run out and buy new cars etc when you get your first job. Stockpile some $
Just because some people have fancy shite doesn't mean they are making a shite ton of money. In most cases, they are living paycheck to paycheck.
Also, since you're in America, steer clear of what the masses are doing.
Just because some people have fancy shite doesn't mean they are making a shite ton of money. In most cases, they are living paycheck to paycheck.
Also, since you're in America, steer clear of what the masses are doing.
This post was edited on 5/29/13 at 12:23 am
Posted on 5/29/13 at 12:29 am to JAE20
My first year out of law school according to mint I had 35k in expenses. Mind you, 6k was student loans and 2k for major car repair.
Posted on 5/29/13 at 5:17 am to JAE20
quote:
Thanks, I just downloaded Rich dad poor dad.
Most important lesson in that book:
it's not how much you make, it's how much you keep
Posted on 5/29/13 at 6:49 am to Vols&Shaft83
Dont change your lifestyle. Keep living like a broke college student for as long as you can.
Posted on 5/29/13 at 6:56 am to wegotdatwood
quote:read them all a couple weeks ago. good stuff
The Millionaire Next Door, Rich Dad Poor Dad, A Random Walk Down Wall Street.
Posted on 5/29/13 at 7:43 am to Vols&Shaft83
quote:
it's not how much you make, it's how much you keep
Along those same lines, PAY YOURSELF FIRST!
Posted on 5/29/13 at 7:50 am to OnTheBrink
Thanks everyone
I can say my plan is to live like a broke college student. It does not bother me at all, I'd just not like to be so broke I can't go to the movies or eat out on the weekend
I can say my plan is to live like a broke college student. It does not bother me at all, I'd just not like to be so broke I can't go to the movies or eat out on the weekend
Posted on 5/29/13 at 7:57 am to JAE20
I look at people who have "things" now as people who have bills. In the past, I wanted that shite, now I'm saving and want to buy a rental.
Posted on 5/29/13 at 8:01 am to Chris4x4gill2
quote:
Dont change your lifestyle. Keep living like a broke college student for as long as you can.
This is ridiculous. What exactly did I bust my arse in college for if I keep eating ramen and live in some crap arse apartment and drive some car from the last century?
Posted on 5/29/13 at 8:03 am to wegotdatwood
Most importantly, you can lose a lot of money by chasing pussy, but you'll never lose pussy by chasing money.
Oh, and PIIHB
Oh, and PIIHB
Posted on 5/29/13 at 8:09 am to LNCHBOX
So you could become financially independent and eventually wealthy. That's my POV anyway.
Posted on 5/29/13 at 8:11 am to JAE20
don't buy anything over $1k that doesn't make you money for the first 15 years after you graduate(besides necessities like vehicle, house, etc)
Posted on 5/29/13 at 8:12 am to yellowfin
I can't buy a popup camper?
Posted on 5/29/13 at 8:16 am to jimbeam
no campers, no boats, no hunting camps, no duck blinds
Posted on 5/29/13 at 8:16 am to jimbeam
quote:
So you could become financially independent and eventually wealthy. That's my POV anyway.
exactly
so many people buy a new BMW as soon as they graduate rather than keeping a simple lifestyle and saving their cash. More often than not, the BMW owner is living paycheck to paycheck.
Posted on 5/29/13 at 8:16 am to yellowfin
If there is one thing I will spend money on it is exactly what you just said
This post was edited on 5/29/13 at 8:17 am
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