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As a recent graduate or young professional, there’s one thing you likely have in common with your competition: student
Between working to perfect your resume, gain the right experience and pay off your student loans, it’s also important to get a handle on proper finance skills that will help propel you to success and make life easier.Tweet This
Pencil Out a
Here it is helpful to use a common financial planning method. If you were going to plan out your savings for a year in order to reach a specific goal, you would begin by writing out short-term goals that you would like to accomplish and analyze the cost of achieving each goal. You can use this same strategy in planning out your first year out of college. Ensure you are taking into account even the tiniest of expenses. Once you have a good grasp of the numbers needed in every area of your research, you can effectively plan and allocate a
Avoid Taking on More Risk
As you likely might still be paying off various types of student funding or other forms of
Learn the Basics of Investing
As you begin to reduce your
“Most people won’t invest because they’re afraid they’ll lose their investment. We’ve all lived through dramatic market crashes. As a result, there is nothing we get asked more than “Is now the best time to invest or should I wait?”. Just like everyone else, we can’t predict the future.” – Learn how to invest your money
Take it One Step at a Time
Life as a recent graduate doesn’t have to be as scary as some people make it out to be.
In this book, we break down the art of budgeting and personal finance in a way that is very easy to understand.