How Do You Manage Money After College Graduation?
Financial planning should be at the tip of your tongue as a new graduate. These suggestions are to help you manage money based on your age and financial means. As you move through the professional world, your income, responsibilities and goals will change; your approach to money should change as well. These steps are written in order of their priority. Get a better bank account. If you have a credit union account through your university it is probably worth keeping open because they often have loan benefits. In addition you should have a checking account with a bank that can follow you to your first job and next city, one with enough ATMs to help you avoid fees, and maybe one that has branches near your parents so they can make quick deposits in an emergency. Do your research and you will find most banks offer checking accounts with no maintenance fees, teller fees, and no minimum balance requirements. If your credit is good, look into an account with Charles Schwab; they refund all AT