.......I've been temping at to hire me full time. I feel comfortable and established and don't feel like jumping anywhere, anymore. Is it to be expected that my money goes quick?After paying my cell phone, student loans, and car insurance, and gas every week (because this country sucks).
I live in a small town with my parents in Taxachusetts.
Should I be concerned living week to week, because I want to move out. I been out of college for 2 years and landed nothing except temp jobs and side things. I just want to know if making $300.00 a week is enough or not to make it in today's society. I do care about saving, but haven't been doing it and want the tide to change soon?
2006-08-26
14:45:34
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13 answers
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asked by
axelf57
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Business & Finance
➔ Personal Finance
starting over, not all of us are fortunate enough to be working whatever it is you're doing. So quit the patronization. I take solace in knowing I've given it my all to get a real job, but lately I haven't been and im trying to step it up.
Yeah, like you'll really get all that money when you actually need your retirement fund.
2006-08-26
15:20:37 ·
update #1
If you truly fee that "this country sucks", why don't you check into moving somewhere else?
On $300 a week you probably won't starve, but it's not enough to live well. Since you're still living with your parents, you can probably do OK, but if you had to pay all the regular living expenses, probably couldn't. You don't mention a car payment - is yours paid off, or do your parents provide it? That would be another big expense.
If you were living on your own, you probably couldn't afford things like cell phones.
Is the place you're temping talking about hiring you full time? And would the salary be enough more for you to be able to live on it? If you really like it there, you should probably put some time limit like maybe 6 months on getting hired there, then look for something that pays better. Would probably also make sense to talk to them soon and ask your supervisor what your chances are of getting hired full-time there.
The tide probably isn't going to just change - you need to change it. Jobs aren't always real easy to find these days, even if your degree is in something where there's a reasonable number of jobs, since there are probably a lot of other grads looking for the same job.
Good luck.
2006-08-26 14:55:38
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answer #1
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answered by Judy 7
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2016-12-24 19:05:46
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answer #2
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answered by Anonymous
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Sorry to say but 300 per week is not going to cut it if you want to be out on your own. If you are done with college and have a degree and are not finding a good paying job where you are, think about relocating to another town, city or state.
I was in the same situation after college and I decided to move on my own to another state. I have a good paying job and am gaining experience so if I want to move back home I have a better chance at a job because I have more experience.
Try saving a little money each paycheck, even if it's only ten dollars...that little bit you save can come in handy down the road when you really need it.
2006-08-26 14:55:16
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answer #3
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answered by Bonita 3
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Honey, my best friend moved into an apartment when she was making less than that. She made about $350-400 every TWO weeks and managed to move out of the house into an apartment and support herself for well over two years until she started dating a guy who took up half the rent. Unless you live in a big city...but you said you live in a small town...you should be able to make it. $300 a week is doing good in my town and I live in a relatively small, but quickly growing town. You'll be making $1,200 a month which will well cover rent and utilities. You might have to make some sacrifices like the cellphone, but that's life. If your job is dependable and you don't have to worry about layoffs, I would move out. It's definately possible. But if you don't have a dependable job, then I'd stay put until you find a reliable job.
Get some dependable room mates too. That's a quick way to cut living expenses.
2006-08-26 14:54:52
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answer #4
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answered by Jenn 6
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Has your current employer expressed an interest in hiring you full time? Do they know when they are going to have an opening? I would not be able to live on that income. You certainly wouldn't want to get married and start a family. You need to do some creative thinking. Did you get a degree? Go to the library and research some of the jobs that might be available to someone with your education. Talk to friends and relatives to find out if there's anything they can do to help you find something. It sounds like you may need to do some serious networking.
2006-08-26 14:56:10
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answer #5
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answered by connie_mspt 4
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Temp jobs are great for experience. But you really need to find full time employments. $300 per week is pretty good for a beginner, but you spent so much time in school, you need to find something that will give you more income. This country does not suck. Because of this country you have so many opportunities to better yourself. Maybe you need to do a personnal assessment to see why you don't want to step out of your comfort zone. Trust me, the discomfort only lasts a short time. Don't keep waiting to become a fulltime employee. We have had a temp at my work for over a year. She has not benefits and we give her all the work no one else wants to do. Is that what you went to school for?
2006-08-26 14:54:55
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answer #6
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answered by elenanita 3
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i'm in pretty much the exact same boat, only i've been working a full time job. when it is all said and done (taxes, 401k, etc.) i make about 350 per week. and i save. my monthly expenses include car insurance, car payment, gas, and fun money. but i contribute $100 per month to some mutual funds and my brokerage account. and even though i make very little money, in 2 years i've been able to save about $10,000. not bad.
so, my suggestion - save money. use that money as a downpayment on an inexpensive place to live. the bigger the downpayment, the smaller your montly mortgage payment will be. in the mean time, work-towards paying-off all of your debts - particularly debt that has a high interest rate.
but, i think you can do it on $300 a week, just as so you're smart about it.
good luck.
2006-08-26 15:14:20
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answer #7
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answered by the_biggest_bear 2
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You make 15000 per year and want to know if that is enough. You got ripped off on your college education.
No, that is not nearly enough. 2 years ago, I put 10000 in to my retirement fund. You live with your parents and can't save and you ask a question like this.
Just think about it.
2006-08-26 14:53:23
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answer #8
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answered by Anonymous
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2017-02-14 22:53:59
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answer #9
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answered by ? 3
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Find New job, start your own business
with 300/week meaning 1200 moth, 14400 in a year, I think you are on the right track become a welfare receiptpient.
Start looking for the new job
Start learn how to svae the right way and invest the right way
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com>... university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 73,000.00 and 30000.00 in taxble account. by follow simple rule
2006-08-26 19:02:55
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answer #10
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answered by Hoa N 6
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