10 Common Post-Grad Money Mistakes
Graduation is an important milestone that deserves to be celebrated. However, with it, now your child takes the reins of his or her financial future and independence.
Make sure your child avoids committing these common post-grad mistakes:
Not taking the time to learn how to manage money successfully.
Not saving first. Saving money is essential to financial well-being. Setting up an automatic transfer to savings with each paycheck assists in building a savings account before the money is missed.
Overspending on credit cards. Building credit is important for your child's future financial goals, but carrying high credit card balances can lead to financial disaster.