20 of the best financial tips for new college grads

You’ve just graduated, and now you’re facing something you didn’t learn: how to manage your finances.

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Make a Solid Budget

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Having a plan for personal finance is the first step to paying off your student loans and balancing your living expenses. You don’t need to reinvent the wheel when creating your first budget post-graduation.

Keep an Eye on Your Debts

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You want to have your eyes opened and aware of all your debt so you can see where you can make positive progress. The biggest mistake many college graduates make is not doing any financial planning. The biggest mistake many college graduates make is not doing any financial planning.

Don’t Ignore Your Student Loans

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

20 of the best financial tips for new college grads

You’ve just graduated, and now you’re facing something you didn’t learn: how to manage your finances.

Make a Solid Budget

The first step to sound financial management is creating and sticking to a budget.

Having a plan for personal finance is the first step to paying off your student loans and balancing your living expenses. You don’t need to reinvent the wheel when creating your first budget post-graduation.

Keep an Eye on Your Debts

Write all your debts that have a remaining balance and their interest rate.

You want to have your eyes opened and aware of all your debt so you can see where you can make positive progress. The biggest mistake many college graduates make is not doing any financial planning. The biggest mistake many college graduates make is not doing any financial planning.

Don’t Ignore Your Student Loans

Recent college graduates should apply for an income-driven repayment plan. Talk to your student loan servicer to lower your student loan payments.

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

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