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re: Recently accepted a Job in ATL. Questions about starting out.

Posted on 4/22/14 at 9:15 pm to
Posted by raw dog
Baton Rouge
Member since Nov 2011
483 posts
Posted on 4/22/14 at 9:15 pm to
The vast majority will disagree but this is my opinion. Get your retirement/savings/emergency accounts in order and then don't worry about saving a nickle here or a dime here. Saving a a few grand over a year or two does not matter in the long run. You get much more utility from spending it and enjoying life in your twenties. I know the majority will disagree with me, but if you believe you have a lot of earning potential in the future even 5-10k won't matter that much when you're 40.
Posted by Tigerbait46
Member since Dec 2005
8017 posts
Posted on 4/23/14 at 7:57 pm to
quote:

The vast majority will disagree but this is my opinion. Get your retirement/savings/emergency accounts in order and then don't worry about saving a nickle here or a dime here. Saving a a few grand over a year or two does not matter in the long run. You get much more utility from spending it and enjoying life in your twenties. I know the majority will disagree with me, but if you believe you have a lot of earning potential in the future even 5-10k won't matter that much when you're 40.


I agree with this. Obviously get your finances straight and make sure a large % of your paycheck is never even seen. Once you're comfortable with how much is going into investments, don't worry about being stingy on every little thing day-to-day. Have some fun and enjoy life. This hinges a bit on how much you're making of course, but assuming you're not dirt poor, take advantage of being young.

Also, don't waste money on a nice apt. Find some roommates and you can easily live in a good place for $500-$700 a month in Atlanta. Compare that to spending $1000 if you live alone and it's a no brainer.

Oh, and to everyone taking jabs at Atlanta, you have no idea what you're talking about. It's a fantastic place to be fresh out of college.
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