11 Financial Rules for College Students
- Try and limit student loans to your anticipated first year post-graduate salary
- Jobs, Internships, school projects, and mentors lead to better post-graduation employment
- Unfortunately GPA still matters – If yours sucks, at least try and show improvement
- Don’t buy on credit unless it appreciates – a car loan is the exception
- Pay your credit card in full every month – PERIOD
- Save and invest10-20% of your post-graduation income – Pay Yourself First
- Take advantage of compound interest – IMMEDIATELY
- Don’t buy individual stocks – Nobody can predict the future, so don’t try
- Buy ETFs – DIVERSIFY DIVERSIFY DIVERSIFY
- Max out tax advantage accounts
- At a minimum, obtain Car and Health Insurance – Don’t let an accident or illness set you back
Leave a Reply