Personal Finance


” Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.”
-Ayn Rand

Money is a tool. If you use it wisely, you will be able to enjoy your life now without threatening your ability to enjoy life in retirement.

This resource will give you a good idea how to handle your finances when you’re out on your own after graduation. It will cover all those lovely acronyms associated with saving money: ROR, 401k, IRA, 503B, blah blah blah.. You need to know how these all work, but if you take a little time to plan it out in the beginning, you can set it and forget, and watch while money piles up in your accounts.

We’ll also spend some time discussing debt – since a tremendously high percentage of new graduates have either credit card debt or student loans. You can’t pretend this all doesn’t exist, because it will come back and bite you in the butt.

All of this ties back into that dreaded ‘b’ word: budgeting. I know, I know..  it sounds difficult, terrible, miserable, and completely unrealistic. You don’t have an income yet – how can you create a budget? Or if you do have an income, maybe you’re running out of money before the next paycheck and can’t figure out why. You may be one of the few smart graduates who have already created some sort of rough budget, but even if you are, you can always optimize your budget.

PART I: Retirement and Emergency Savings

Included in this section:
1. Emergency Fund
2. Tax Advantaged Accounts

Section 1: Emergency Fund

Coming Soon!

Section 2: Tax Advantaged Accounts

Coming Soon!

PART II: Debt and Credit

Included in this section:

1. Debt Basics
2. Credit Reports and Scores
3. Student Loans
4. Credit Cards

Section 1: Debt Basics

Coming Soon!

Section 2: Credit Reports and Scores

How to Decipher Your Credit Report

Section 3: Student Loans

Coming Soon!

Section 4: Credit Cards

Coming Soon!

PART III: Spending Plans

Included in this section:
1. Budgeting Basics
2. Tools and Resources

Section 1: Budgeting Basics

Coming Soon!

Section 2: Tools and Resources

Coming Soon!

topics: #finance

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