Save Money While You Earn It!
While the economy has crumbled over the past months, its effects have been felt by millions of workers across the country. It is my hope that those still employed have been able to learn from the experience of working for less or practically living paycheck to paycheck.
As for budgeting, one easy way to save quite a bit each week is to pack your lunch. If you buy foods in bulk at a wholesale retailer like BJ's or Sam's, you can purchase enough food to pack and enjoy for weeks at a time. I would recommend however, to stick to bulk buying things that are non-perishable, as you don't want to waste that money on lunch meats that will spoil quickly.
Another tip is to take a certain portion out of each paycheck and put it toward savings. This little extra can serve as a cushion that you can use if and when you come across an emergency situation. I personally felt the hardship of NOT having savings when my car had issues unexpectedly last month.
Little steps like these are easy measures that can help you save money in the long run. Try not to stress too much over it though-- you only live once and it's no fun to spend that time scrimping down to the dime :)
Labels: finances, money management, pay cuts
Posted by Amanda on 7/02/2009 10:44:00 PM
|
|
Comments (1) |

Permalink
Ramen Noodles: The Secret to a High Paying Career?

Yes. It’s true. Ramen Noodles, one of the most beloved staples of the American college student’s diet, can lead to a higher paying career. In fact, studies show that if you remain faithful to cheap eats, like Ramen and Mac-N-Cheese, which are consistent with your continuously broke financial state, it will pay off in the end – thanks to that little slip of paper known as a diploma.
Sure it’s tough when most all your other financial resources go toward your
education. And, it doesn’t get much easier when you land your first entry-level position, which will likely come with a lower wage as you hone your professional skills in the workplace. But, even enduring the dreaded non-paying
internship will be worth your while on down the road. You have to think of your education, or that first job or internship, as a stepping stone to a pantry full of non-generic cereal.
Over time, you and your college degree or vocational school certification will earn more than your non-degreed, non-certified counterparts. Why? First, employers tend to view employees who pursued and obtained an education as more task focused, goal-oriented, and more likely to meet challenges put before them (like feeding yourself with little to no money). Secondly, college educated employees have greater experience with public speaking, critical thinking, and writing which all contribute to greater success in the workplace. Finally, employees with a degree or certification have typically been exposed to the skills necessary to succeed in management – so they tend to secure management positions more rapidly than those without.
Taking responsibility for your budget while you acquire the skills you need to succeed in the workplace builds character and, ultimately, builds a
resume. So while you’re hitting the books or hitting the pavement, savor that Ramen. Learn to embrace your PB & J. Because chances are, you won’t be eating like that for very long.
So, what did you eat for dinner last night?
Labels: college diet, eating well, education, meal plans, money management, the future
Posted by Seymour Jobs on 3/05/2009 10:38:00 AM
|
|
Comments (2) |

Permalink
Smart Spending, Smart Employee
One way to gauge your career aptitude (aside from what Seymour said and those ridiculous tests they used to administer in high schools) is to consider your personal spending and savings patterns. When payday (or a parental disbursement) rolls around, how do you allocate your money? Are you a saver or a squanderer? In my personal experience, those who save tend to be those who can adhere to schedules, effectively compromise, multitask, and possess all manner of other business skills that employers value. This isn't to say that a tendency to blow your cash will blow your chances of successfully holding down a career - just look at the entertainment industry if you need proof of this. However, sensible money management is an important skill to learn, as it not only keeps you out of financial hot water (duh) but, once mastered, facilitates the learning of other key life skills. It's often extremely difficult to properly balance spending and savings, so once you develop this ability, everything else is a breeze. If you can't seem to get your act together, stick to a budget for a few weeks and then evaluate your employability as per Seymour's criteria. You should be pleasantly surprised.
Labels: career prep, money management
Posted by Brian on 11/19/2008 01:13:00 AM
|
|
Comments (0) |

Permalink