Budgeting for the First Year of Grad School Even with Financial Anxiety - Personal Finance for PhDs

Hey there! I came across a super-interesting article called Budgeting for the First Year of Grad School Even with Financial Anxiety - Personal Finance for PhDs. As someone who’s been there and done that, I couldn’t resist giving it a read!

Basically, the article talks about the challenges that come with starting grad school while worrying about money. It offers a ton of helpful tips for budgeting and managing finances during your first year, including creating a budget for both fixed and variable expenses, finding ways to save money on textbooks and other essentials, and seeking out financial resources offered by your university.

What I found particularly helpful was the section on creating a budget. When I started grad school, I had no idea how much money I would need for things like groceries, rent, and other necessities. It was stressful to feel like I was constantly overspending or not sticking to a budget that didn’t really exist. The article lays out an easy-to-follow plan for creating a budget that takes into account all the different expenses you might have.

Of course, budgeting is never easy or fun, but it’s so important, especially when you’re trying to make ends meet as a grad student. The article does a great job of breaking down the process into manageable steps and offering a lot of helpful advice along the way. If you’re heading to grad school soon, I’d definitely recommend giving it a read!