Unless you are a professional athlete or working on Wall Street, an entry level salary is not very exciting. When you couple this with the fact that the average college student graduates with tens of thousands in student loan and credit card debt and the cost of renting a place in any major city is an absolute rip off, a paycheck does not go very far. If I am paying an arm and a leg just to have a roof over my head and pay back an education that wasn’t exactly optional, how can I possibly save any decent amount of money? Realistically, I can’t. But that is alright.

If I stay in the corporate world, the paychecks will keep coming, I will pay down debt, I will pay my rent and I will spend the majority of the rest on food, entertainment and happy hours. The remainder will go to savings. One thing I will not waste my money on is “stuff.” Nothing bothers me more than seeing people living in houses above their means and driving cars they can’t afford.

I am not foolish enough to believe a paycheck will ever make me rich. The only reason I get excited about a 3% raise is because of what it represents; my hard work. The increase in money is barely noticeable and will disappear into my 3% lifestyle increase. Sure, I could invest that 3% in stocks, mutual funds or better yet an IRA, but what exactly am I saving for?

Read the rest at The Brazen Careerist

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