After-Bootcamp Budgeting Tips

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After-Bootcamp Budgeting Tips

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.

Look At Your Savings

Think about saving

There are large long-term payoffs associated with investing and saving your money.

How Much Do You Spend Every Day?

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.

How Much Debt Do You Have?

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.

What Costs Do You Have To Pay Every Day?

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.

You Deserve a Treat

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.