Build Wealth by Avoiding 11 Common Money Mistakes
After Landing Your First Job
Congratulations! You graduated from college and landed your first job! It’s an exciting and scary new chapter all rolled in one.
No Emergency Fund
In this next phase of your life, it’s essential to save money, specifically for emergencies.
No Monthly Budget
Now that you’re living a more independent life, you need to have a budget and keep your spending in control.
Living Beyond Your Means
Overspending can happen when you feel you deserve a high life and seek instant gratification.
Getting Rid of Your Roommate
Sharing expenses with a roommate, you may not see very much may provide you with worthwhile savings.
No Student Loan Repayment Plan
Having several loans can be complicated. Organize your payments from multiple sources into a spreadsheet.
You’ll be making some serious money for the first time in your life, but you’ll also be responsible for some serious adult bills.