Step 3

Making Money

Do you know how much you make a year? You'd be surprised that most people haven't sat down and really calculated how much they bring in a year, especially after taxes. 

Take a moment to calculate this now. You can even look up - "your state + after tax income calculator,"  for an easy way to see your income for the entire year. 

This is the perfect time to get out your Money Journal and think on the following prompts:

If you are satisfied with your current income, congratulations! That is a wonderful feeling and can offer great peace of mind and security to know you're able to save, invest, and have fun money left over to spend on anything you'd like! 

If you're like many young professionals though, you may feel under compensated, or discouraged. Starting salaries out of college are not great, and many of us still live with our parents– and don't know when we will be able to move out!

Here are some great prompts if you are not satisfied with your income:

Keep these notes in mind as we move to the next step of the journey, budgeting (it'll be fun, I promise)!