Tuesday, February 9, 2010

Making an Entry-Level Salary Work for You

Grace Kendall posted a great blog post on the Come Recommended blog, The Classroom to Cubicle Project. She talks about how tough it is to live on an entry-level salary.

And she's darn right. It is hard to live on. She makes $25,000 a year and that may even sound low to some of you--but some people have survived on even less. Myself included, and it wasn't that long ago.

So how do you make it work?

I talk about this a lot in the book. The key, I think, is practicality. I stress having a roommate to save on rent costs, or co-habitating with your rents for a short period of time. Additionally, have a budget to stay on track of everything. These are small things that most new grads do to make it through entry-level pay.

And if all else fails, remember that everyone started somewhere and they made it through. Soon enough, you'll progress into your career and have enough money to live more comfortably. The beginning is tough...but it's temporary, too.

1 comments:

Twin XL said...

So hard to live on an entry-level salary...I think I actually had more discretionary income when I was in college because the student loans & part-time job added up to more money.