Personal finance snapshot: How a nonprofit employee manages her money

Photo credit: pukach, Shutterstock
Photo credit: pukach, Shutterstock

It can be hard to talk about money. While we often seek advice on how to earn more or manage what we have, it’s still a personal subject. However, The Billfold offers real perspectives and advice from people across the economic spectrum in a variety of fields. They occasionally feature the stories of people who work in the nonprofit sector and offer helpful finance tips. Check out some of their advice and stories below.

  • Ever wondered how a 29-year old artist/nonprofit worker living and working in New York balances a passion for art, social good, and finances? The Billfold interviews Margaret who gives an in-depth snapshot of her living situation:

I do get really worried about living paycheck to paycheck actually. But I feel like with the art career and the full-time job, eventually I’m going to run out of enough energy for both. I think I learned by doing mostly. It’s not like I have a huge paycheck to work with. Sometimes I feel like I’m micromanaging it. A lot of my money management is focused on not running out of money ever.

I’m also looking for a higher paying job right now. I had a conversation with my boss about my workload and pay situation. A raise wouldn’t happen until the 2014 budget is approved—nonprofit budgets I guess.

Have a favorite post from The Billfold or financial advice for the Idealist community? Let us know in the comments!

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Comments

    • Erin
    • October 24, 2013

    This is a great segment looking at real people with real finance issues. Sometimes living paycheck to paycheck isn’t the worst thing if you have job stability and no kids. A rainy day fund can be a few hundred dollars and all that matters is that you’re managing the money coming in in a way that does not hinder you in the long run.

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