Suggestions for After-College Money Savings
-Food buying and preparation becomes an expense and a time consumer. It will take planning and practice before you gain expertise. (In other words, what your mother did so easily, may have taken her years to perfect.) Ask for tips from others.
-Fast food and dining out can be more expensive than creative cooking at home. Basic recipes from home will be helpful.
-Evaluate small things that you may have purchased before but could be eliminated. For example, purchasing a new bottle of water from a vending machine vs refilling an existing one.
-Your wardrobe may change dramatically from college wear. Buy basics that can be combined until you see what youll need.
-Many of your friends may be getting married and you may wish to either attend the wedding or send a gift to them. Birthday and holiday gifts must also be factored into your budget.
-Vacations will need to be within your budget yet fun to do. Use your network of friends in other cities for visits that eliminate accommodation expense.
-Look for the best telephone rates or rely on email to communicate with friends.
-Reading library books/magazines or sharing with friends can save additional money.
-Entertainment costs can be shared with friends. Look for special price deals designed to appeal to young professionals.