10 Tips For Managing Your Money After College

Use the 6 months before Student Loans come out to pay off credit card debt and to start your savings
- This is called a GRACE period for a reason. Use it.
Don’t immediately buy a new car.
- if you already have a car, keep using it and save up for a sizable down payment on a vehicle.
- If you don’t have one, check out public transit options and if you have to buy a car, buy used. Then save for something better.
Save, Save, Save
- You never know when an emergency can happen.
- Most people out of college job hop, having that extra bit of money will come in handy if you find yourself with a little bit of time in between jobs

Know your credit score
- Most credit card companies have it as part of your account
- Better scores means more purchasing power
Minimize your subscriptions
- Do you really need Hulu, Netflix, Apple Music, Spotify, ipsy, an unused gym membership? More than likely no. If you don’t think it’s a lot of money. Look at the annual cost for all you have and run the numbers
If you have the opportunity, save money by living with your parents for a while
- Its not the most ideal, but if your parents are as cool as mine, then it’s no problem.
Budget, Budget, and budget again
- If you can maximize your income at any level, you can achieve your goals.
- If you can manage your entry level income, then you won’t be wasting your 5+ year income

Start investing in your retirement now
- The more you save now, the more you’ll have in 30 years.
- Also, as a PSA, learn what kind of retirement plan works best for you.
Learn how to save money by not spending money
- Groupon, Coupons, clearance racks. These are your friends.
Enjoy having an income.
- Be responsible, but know when to treat yourself. You worked hard for this career, celebrate it.