- Used car
- Low rent
- Imbibing on a budget
1) Buy a used car
Don’t buy a new car and don’t buy a flashy car to seem rich. You want to invest in your appearance for your career? Invest in your clothing. Dress at least one pay grade above where you are now. A sleek wardrobe that fits is a smarter investment than an automobile that spends 95% of its life parked.
Keep your car payment as low as possible (or non-existent). $400-$500 a month will go further invested in stocks you believe in, in industries that you understand, than getting flushed down a motor finance drain. Buy a perfect black suit and a versatile cocktail dress that will pay for themselves, not a luxury car in which to sit alone in traffic. It’s for the birds – who cares about your car? (So millennial, I know.)
2) Keep your rent low
(Bonus tip: buy a Tile so you can save time and money finding your lost keys or anything else you frequently lose. It’s a GPS tracker connected to an app. I’ve sworn by Tile for years. They make great office gifts, too. It’s $24.99 for 1 or $62.93 for 4 on Amazon.)
While renting, bargain with your landlord.
2a) How to lower your rent
2b) Another renting tip: document
3) The Budget Keeper
This one is a little controversial 🙂
Don’t do this on a first date.
Do be discreet.
When you go out, pack a hip flask. Some people will judge you and think you’re cheap. You’re not, and who cares what they think? You’re young, trying to save money, and you just cut your bar tab in half. Bars mark up liquor an average of 300-400%. Restaurant owners are the only employers who don’t pay their staff living wages and expect customers to foot the bill. There’s nothing wrong with bringing a little sauce to top off your drink, considering how expensive going out can be. Especially if you have a high tolerance.
Think of this as a backup plan / accessory. This tip allows you to control your spending without ending the night early. You’re busy being fabulous, maybe networking a bit, you go-getter! You may even make some new friends or impress old men who retired from the railroad.
Do buy something.
Don’t stiff the bartender.
Don’t get drunk.