By: Kat Eftink
Congratulations! You’ve just finished perfusion school and are about to take your first big career step. It’s an exciting time, but moving to a new city can also bring financial stress if you’re not prepared.
At Connect Perfusion, we understand the challenges recent grads face, and we’re proud to offer a competitive salary and comprehensive benefits package to help you build a strong financial foundation. Our offerings include health, dental, and life insurance, performance bonuses, 401K, profit-sharing opportunities, tuition assistance programs, and continuing education reimbursements.
The good news? If you’re moving to Memphis, TN, you’re already setting yourself up for success. Memphis is known for its exceptional affordability.
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- The cost of living in Memphis is 13% lower than the national average.
- Housing costs alone are about 20% lower than the U.S. average.
That means your dollar stretches further here, and with a few smart strategies, you can save even more as you start your new chapter.
Here are 10 money-saving tips to help you thrive after perfusion school:
1. Choose Affordable Housing
Memphis offers a wide range of affordable apartments and homes. Instead of jumping into luxury rentals, consider living in areas like Midtown, East Memphis, or Cordova where rent is lower but amenities are still great.
2. Look for Roommates (At Least for the First Year)
Even though rent in Memphis is low, sharing an apartment or house with a roommate can cut your housing costs by 50% or more. Use local Facebook groups, apps, or Connect’s local community resources to find someone trustworthy.
3. Take Advantage of Connect’s Benefits
Health insurance, tuition assistance, 401K matching — these add up fast. Use them early! Paying out of pocket for healthcare or school loans when you don’t have to is a money mistake you can easily avoid with Connect’s support.
4. Cut Utility Costs
Memphis summers can be hot, but smart energy use can keep your bills manageable. Look for apartments with energy-efficient appliances and good insulation, and ask your landlord about average monthly utility costs before signing a lease.
5. Shop Smart for Furniture
No need to buy brand-new furniture immediately. Check local thrift stores like Habitat for Humanity ReStore, Goodwill, or browse Facebook Marketplace. You’ll find high-quality items at a fraction of the cost.
6. Meal Prep Instead of Eating Out
Memphis has amazing food, but eating out every day gets expensive. Meal prepping just 2–3 days a week can save you hundreds of dollars each month. Stores like Kroger, Aldi, and the Memphis Farmers Market offer affordable grocery options.
7. Use Free or Low-Cost Entertainment
There’s always something fun (and cheap) happening in Memphis. Keep an eye on local event calendars for free weekend activities.
8. DIY When You Can
Whether it’s simple car maintenance, home repairs, or fitness, doing small tasks yourself instead of hiring out can save you thousands over time.
9. Create a Budget and Stick to It
Set a simple monthly budget that includes rent, utilities, groceries, insurance, and savings. Apps like Rocket Money or YNAB (You Need A Budget) can help you track everything easily, so you’re never caught off guard by unexpected expenses.
10. Start Building an Emergency Fund
Even if you start with just $25 a week, building a small emergency fund will give you peace of mind. With Memphis’s low living costs and Connect’s steady income opportunities, growing a savings cushion is very realistic.
Starting your perfusion career in Memphis isn’t just a smart professional move. It’s a smart financial move too. Thanks to affordable living, Connect Perfusion’s strong benefits, and a little bit of personal planning, you’ll be well on your way to financial freedom after school.
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