Memorial Day is right around the corner and so are some great deals on a new car! If you’re in the market for a new automobile, maybe you think the easiest way to get your dream car financed is to obtain dealer financing at the time you buy the car. In a sense, that’s true – as long as you don’t mind spending more time and money than necessary just to make things “easy.”
Remembering back to when I graduated college, there are many things I wish I could go back and tell my younger self. Some are truisms that you can carry through life – like avoiding debt -- and others are more palpable at the moment – like hard work trumping your piece of paper.
I knew nothing about managing money when I graduated college and, sadly, I believe I was not alone in that experience. Most graduates – and there were 2.85 million in 2013 – are focused on getting a job, moving to wherever that job is and living in the real world – not financial literacy.
With that in mind, here are four basic financial steps you should take as a newly minted college graduate. If you're still looking for a job, these steps can still be implemented on a smaller scale.
When I ask most people if they have any regrets from college, they gaze off into the distance, smile, and shake their heads no. But for me, I look back and there is so much I would change. I made a lot of mistakes in college, and unfortunately most were money mistakes. Here are five of them that you can avoid.