After you attend an immersive bootcamp, you're well on your way to a new job and career. That success might bring about a higher paycheck - but that doesn't mean you should spend it all in one place! Follow our after-bootcamp budgeting tips and discover the best way to manage your money - no matter how much you are making.
After-Bootcamp Budgeting Tips
After-Bootcamp Budgeting Tips
Think about saving
There are large long-term payoffs associated with investing and saving your money.
Look at how much you'll be spending
If you are relocating for a new job, look at the change in cost of living. You may be used to paying a certain amount for gas or rent - but that might change, especially if you're moving to a larger metropolitian area.
Manage your existing debt
If you have student loans, a mortgage, or car payments, don't forget to continue making on-time repayments for those debts.
Recurring monthly costs
Don't go out and buy a fancy car just yet - first things first: you need to look at the amount of money you're paying per month for recurring costs such as utilities, cable, car payments, etc.
Invest in yourself
You've already invested in your education, and you're surely benefiting from the skills you've acquired in your bootcamp. Give yourself a rewarding treat, whether it's a nice dinner, a quick vacation, or something else that will make you smile.
Further Reading
Wondering how to budget while you're in a bootcamp? We've got you covered:
You have a lot of choices while deciding how to pay for your bootcamp. We can help you weigh your options:
Originally published July 25, 2017.