Seven Tips For Soon-To-Be College Grads

JLP over at AllFinancialMatters has seven tips to share with soon-to-be college graduates preparing to enter “the real world.”

  • 1) Get one credit card. Pay it off in full each month to start building a good credit history.
  • 2) Make a budget and separate necessities from desires. Spend on the former, save for the latter.
  • 3) Buy a suit. Blue, black, and grey are acceptable.
  • 4) If you have debt, bring it under control by consolidating with one vendor at a low rate.
  • 5) Start saving for retirement now. This year, not next.
  • 6) Invest for the long-haul. That means stocks, not bonds.
  • 7) Write a one page resume, but don’t go overboard.
    What was the most helpful piece of advice you received after graduating? Tell us in the comments. — CAREY GREENBERG-BERGER

    Advice to Give College Grads [AllFinancialMatters]
    (Photo: Leonid Mamchenkov)