So you’re a college graduate that just secured a full-time job and now more money is rolling in than you’ve ever been responsible for. You’ve heard horror stories about how new-found financial freedom can suddenly turn into a nightmare with just a couple of wrong decisions. This blog post doesn’t cover obvious problems like driving up credit card debt but instead describes some fundamental principles to guide you.
Warning: I am not a certified financial advisor/planner. I’m just a guy that has done well with my own personal investments and has had the benefit of passing advice to two daughters when they graduated from college and got their first job.