Creating a Budget After College: Wants, Needs and Feeling the Joy

Creating your first budget after graduating from college doesn't have to be a strain. As our expert Manisha Thakor shows, managing your cash isn't about the budgeting blues, but following your joy.

"When I look back at my career, it is very clear to me that the No. 1 thing I did right financially was live within my means right out of the gate," Thakor told Money College in a recent interview. In fact, she says, sticking to a budget in her 20s gave her a financial safety net that allowed her to change careers years later.

So where do you start?