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I’m wondering if there’s a way to crunch the numbers and save money. For starters, Im 20 years old and I live in CT.

I make 12/hr and work 40 hours a week (night shift) at a job unrelated to my field. That is a budget of around $1,600 a month. I’m planning on getting a 2nd part time job for experience in my field, but there’s a high chance it won’t be paid.

Currently I’m responsible for my car payment ($315), insurance ($350, had a big accident 10/2016), phone (sprint, $80), and gas ($120). I also have $1,500 in savings. That’s about $875 a month of spending so I have a lot of wiggle room for supplies and money towards grad admissions.

When I graduate I will be in debt. For the standard payment it’s $212/mo (20k debt) but I might apply for income-based payment. I say this because my parents took out a plus loan for my first 2 years at a too expensive college (30k). That payment will be around $320/mo and we agreed to split about $100 between the three of us, so that means I’ll be paying between $200-350 towards my education.

In addition to that, I’ll be paying my parents $500/mo for rent until I find my own living situation. Unfortunately these two new expenses put me at around $1,700 a month which, not only is over my income rate, but also doesn’t leave an ounce of comfort room for food and necessities.

I’m conflicted because I can anticipate getting another job post grad, since I’m used to 12 hour days, but I’m also in the situation where if I want to proceed in my career (clinical science) I might need to sacrifice wage for experience, ESPECIALLY as an entry level, so a second job might not even help me.

How can I continue my career but also afford what I need? I can’t allow myself to get stuck on the post grad hamster wheel at some mediocre job.

Thoughts?



Submitted October 31, 2018 at 03:06AM by AgreeableWill https://ift.tt/2RnQDcD

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