07/08/2010 12:00 AM |

My best friend just got a call for a job interview in Georgia, the state she’s talked about moving to for as long as I can remember. Though I am truly happy for her, I can’t help but sigh and feel saddened that Long Island’s lost another promising and locally educated young adult.
I’ve seen far too many friends and family members leave this rock in the hope of a better and more affordable life south of the Mason-Dixon line. And I can’t say I blame them, at least when it comes to finances.
Let’s say a recent graduate earns an entry-level salary of $32,000 per year, which is what I earned when I first entered the work force after grad school two and half years ago. Take-home pay amounts to about $475 per week. That’s $1,900 a month. Subtract $900 per month for rent and utilities, $100 for car insurance, $50 for a cell phone, $150 for a student loan payment, $150 for gas and about $350 for groceries. That leaves about $200