How you can Save on Work-Associated Bills in Your First Job

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Within the nervous pleasure main as much as beginning your first job, there’s one factor you would possibly overlook. That wage you have been promised — the one you’ve already imagined spending — effectively, you received’t see any of that cash till two weeks or so after your begin date.

Plus, let’s be sincere: Most first jobs don’t pay all that effectively. You’ve acquired plenty of rungs above you on the ladder.

Within the meantime, you’ve nonetheless acquired work apparel, downtown parking and lunches to pay for — to not point out, you’re most likely already low on money.

To maintain prices low in your entry-level wage, pay attention to these eight concepts for the way to save cash on work-related bills in your first job.

1. Select Second-Hand Work Apparel

You don’t have to purchase new garments to make a trendy first impression. Thrift shops and consignment retailers have all types of attention-grabbing finds. Or manage a clothes swap with pals. Commerce that strappy summer season gown you hardly ever put on in your bestie’s gently worn job-interview outfit.

2. Skip the Pricy Make-up

If the price of your go-to magnificence merchandise doesn’t suit your funds, take into account switching to drugstore make-up. Freelance author Jamie Cattanach saved over $40 when she determined to ditch her Sephora and MAC finds for make-up she purchased at Walmart.

3. Do Your Personal Hair

It feels good to deal with your self to the salon for a brand new haircut or type, however that may wait till after just a few paydays have come and gone. Former Penny Hoarder author Desiree Stennett saved $200 by turning to YouTube to discover ways to twist her hair with extensions slightly than paying a stylist to do it. Freelancer Catherine Hiles has develop into a professional at dying her hair at residence.

If going the DIY route simply isn’t for you, spend much less by getting a low-cost haircut or type at a magnificence college or a low-cost chain, like Nice Clips.

4. Think about a Cheaper Commute

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Sure, driving your own car to work is convenient, but choosing another commuting option may be better for your budget. See if biking to work or taking public transportation would be viable. Or if your new job is a 45-minute drive across town, consider carpooling with a friend or neighbor who has a similar route. Ask your employer about existing carpool arrangements among coworkers.

5. Pack Your Own Lunches and Snacks

Spending $10 for lunch doesn’t seem expensive when you think of it in terms of one day. But if it’s a regular occurrence, you’re looking at $50 a week or over $200 a month for lunch alone. Save money by bringing lunches, snacks and beverages from home. Meal prep on the weekends so you aren’t stressing out about what to pack for the next day’s lunch after a long day at the office.

6. Take Advantage of Work Benefits

If you’ve got a job that offers employee benefits, carefully review your compensation package to take advantage of all you’re entitled to. You may be pleasantly surprised to learn your health plan includes gym membership discounts or that your employer will help you pay back student loans. Even perks like free coffee and snacks in the breakroom can save you a little dough.

7. Find Affordable Child Care

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If you’ve got young children, finding someone to watch them while you’re working can present a major financial hurdle. Check if your employer offers on-site day care or tuition discounts at local centers. Depending on your household size and income, you could qualify for child care assistance in the form of government subsidies. Consider nanny sharing or child care programs run by your school system for other options to reduce child care costs.

8. Save Money — Literally — by Starting a Retirement Fund

Even if you feel like your first-job earnings leave very little left over after bills, now is the time to start saving for your later years. When it is deducted right out of your paycheck, you won’t even miss that money. And the earlier you start planning for retirement, the better chance your money has to grow. It’s a move your future self will thank you for.

Nicole Dow is a senior writer at The Penny Hoarder.



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