Parents: Your College Grad Needs Financial Advice

roethlisburger
Thu, 30 May 2019 03:49:46 +0000

Keep your housing costs manageable. If you spend 50% of your take home pay on your rent/mortgage, it doesn’t leave much room for anything else. If you have to live in a HCOL area, find some way to reduce your housing costs: whether that’s having roommates, sharing a 1br with a SO, having a longer commute, or living in a less desirable/less hip part of town. Depending on your career field, give some of the LCOL and MCOL places a chance. If your rent is only $600/month, you don’t have to pinch pennies on the rest of your budget.