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7 Ways to Budget on an Entry-Level Salary

Montage of money and diploma

Congratulations — you've graduated from college and are starting your first “adult” job!

While your exhausting search for a full-time gig is over, the hard part has just begun: learning to live off what may amount to a tiny paycheck. The average new graduate earned just under $52,000 in 2019 (the aberration known as COVID-19 could put 2020 grads in their own special class), but plenty of entry-level employees earn well below that. And depending where you live, it might not get you as far as you’d hoped.

Read the full article from Prudential Financial Inc.* to learn seven simple tips for managing, saving and spending money — when you don't have very much of it:

* The opinions/views expressed by Prudential Financial Inc. are not considered opinions/views of BMTX, Inc., a wholly owned subsidiary of BM Technologies, Inc. BMTX is not a financial advisor and individuals are urged to obtain and consult their own financial advisors.

Prudential Workplace Solutions Group Services, LLC (“PWSGS”) provides access to a number of Financial Wellness products, services, seminars and tools offered by PWSGS, its affiliates or third parties. PWSGS is a subsidiary of Prudential Financial, Inc. PWSGS is not a licensed insurance company, does not provide insurance products or services and does not provide financial, investment or other advice. Individuals should consult appropriate professionals when making financial, investment and tax decisions.

© 2021 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.