Last month, I joined the ranks of unemployed college grads. Unlike many of my fellow students, however, I decided not to move back to my childhood bedroom. I helped pay my tuition by going through the work-study program at Northeastern (including a six-month co-op at the Globe), so I felt confident I could find work. I signed a sublease in Boston and hoped at least part-time work would come my way by the end of September — and it did (a part-time coffee shop job).
This lease required some serious budget management. I paid my credit card bill in full, submitted a check for my remaining tuition bill, paid my September rent, put aside rent for October, and then realized I had less than $200 to my name. According to my budget, I had to eat and live off less than $7 a day. Realistically, I had to keep my food budget to $5 a day, so I had a little leftover for something fun on the weekends.