11 Common Money Mistakes

and How to Avoid Them

Congratulations! You graduated from college and landed your first job! It’s an exciting and scary new chapter all rolled in one.

You’ll be making some serious money for the first time in your life.

But you’ll also be responsible for some serious adult bills.

We have assembled a list of blunders to steer you towards a financially fit future.

1.  No Emergency Fund

In this next phase of your life, it’s essential to save money, specifically for emergencies.

Now that you’re living a more independent life, you need to have a budget.

2.  No Monthly Budget

3.  Living Beyond Your Means

You may find your newfound freedom is costly. Put the brakes on large or repeated impulsive spending.

4.  Getting Rid of Your Roommates

Sharing expenses with a roommate, you may not see very much may provide you with worthwhile savings.

5.  No Student Loan Repayment Plan

Don’t put off paying these loans or extending the time further into the future.

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