Life after college: What are the expenses?

As LunchMoney Lewis sings: "I've got bills I've got to pay, so I'm going to work work work, everyday."

When I graduated from college in 2013 I already had a job lined up with a decent starting salary. I was used to making minimum wage (which was $7.25 in New York) or slightly above that, so when I received my first couple paychecks I thought I was on my way to an affluent lifestyle.

Then reality set in.

In addition to the $27,000 in student loans I accrued (on target with the national average for 2013 graduates of $28,400, according to US News & World Report), there were all sorts of expenses that I didn’t factor in. Suddenly, my paychecks didn’t seem all that big.

Here are some of the things you may not be paying now that you’ll probably need to start paying once you’re out of school:

Utilities
Rent/mortgage
Heat
Electricity
Water
Sewer
Parking
Trash
Laundry
Cable/internet/phone
Cell phone
Car payment/transportation
Subscription services

Living Expenses
Food
Entertainment
Health/Dental/Eye care
Accountant/Tax service
Bank account fees

Debt
Student loans
Credit cards
Personal debt Taxes

Savings
Retirement account
Investment accounts

Insurance
Life insurance
Disability insurance
Car insurance
Homeowner/Renters insurance


Did I forget anything? Leave a comment and I’ll add it to the list.

Name
Name
Optional