||[Jul. 31st, 2010|05:01 pm]
The Question Club
I just accepted a promotion at the school I've worked at for the 2 years. Instead of being a part-time afterschool care...person, I'll be a full-time school assistant/yard manager/"float". My boss said that I'll be making between $28,000 - $30,000 a year. I'm 21 years old, still working on my degree and have little money managing skills. I've never been paid anything above an hourly rate, so this is new to me. Most of the adults present in my life are (and have been) financially unstable and I do not want to be this way.
I don't have rent to pay.
I don't have a car (I bike to work).
My cell-phone bill is usually $104 a month. That, plus food, are basically my only expenses.
What do I do to make sure I don't end up with nothing at the end of the year? How do you save money?
Do you believe that one MUST splurge on at least one item to avoid super-spending later? I've read this on numerous money-managing blogs...
What are your monthly expenses?