Comments on: Personal Finance Tips for New Graduates

By: Derek Chamberlain

Derek Chamberlain — Fri, 18 Apr 2014 22:35:56 +0000

Scott – so true. Paying your bills late is a recipe for disaster. Thanks for stopping by 🙂

By: Scott @ Youthfulinvestor

Scott @ Youthfulinvestor — Fri, 18 Apr 2014 16:51:20 +0000

One thing I learned, you cannot treat your bill payment deadlines like homework assignments or papers and do them at the last minute or even late. There are way too many penalties and negative consequences to credit ratings.

By: Derek Chamberlain

Derek Chamberlain — Mon, 14 Apr 2014 11:21:52 +0000

Martha,

I’m glad that you agree these points are important to keep in mind!

By: Martha Gonzales

Martha Gonzales — Fri, 11 Apr 2014 16:30:23 +0000

All the points mentioned in this blog post are time tested ones. Summing them in a blog post is worth praising. Yes, we all had our student loans and paying them off were our major concerns. In fact, what we generally miss out during our formative years that lifelong burden of student loan will not only adversely affect our financial prospects but also our normal lives. We generally tend to overspend on living our lives rather than paying off our debt, especially student loans. In fact, 90% of people I know have committed this mistake, including me, but realized later, just the way I did. Therefore, this blog post will definitely be a eye opener and a guide to financial prudence.

By: Derek Chamberlain

Derek Chamberlain — Fri, 11 Apr 2014 11:08:28 +0000

Brock,

You’re exactly right! It’s hard to beat basic budgeting as a primary tool to keep us out of trouble 🙂 Thanks for stopping by!

By: Derek Chamberlain

Derek Chamberlain — Fri, 11 Apr 2014 11:07:34 +0000

David – great point. It is a good idea to move right from school into a job is you’re looking to follow the most financially protective approach.

By: Brock @cleverdude

Brock @cleverdude — Fri, 11 Apr 2014 02:36:57 +0000

Great tips – it seems like common sense, but just flat out budgeting is something that I found hard when I started out. After all, I was finally making the “big bucks.” Why would I have to budget? Next thing you know, my new wife and I were over spending and racking up debt.

By: David

David — Fri, 11 Apr 2014 01:08:53 +0000

Great post! Very interesting and practical after all.
One thing I would add, make sure to apply for jobs before graduation to be sure you have a case where you will be somewhat financially stable.

By: Derek Chamberlain

Derek Chamberlain — Thu, 10 Apr 2014 15:00:13 +0000

Anneli,

Sounds like you are doing a great job of preparing her for the real world and getting started off on the right foot! That’s great that you’re such a good Sis!!

By: Anneli @thefrugalweds

Anneli @thefrugalweds — Thu, 10 Apr 2014 05:30:23 +0000

Great information, guys! Thanks for sharing 🙂
I wish I got this advice when I got out of school!
Now, my little sister is a freshman at UCLA – my husband and I are making sure that we talk to her about this even before she graduates. At 18, she has her own emergency fund set up and an investment account. We’re working on getting her set up with her Roth also – you can never be to young for this.
It’s a very important thing to be prepared for anything, financially! Bravo 🙂