11 Financial Rules for College Students
- tracy6401
- May 4, 2023
- 1 min read
Updated: Jun 23
Try and limit student loans to your anticipated first year post-graduate salary.
Jobs, Internships, school projects, and mentors lead to better post-graduation employment.
Unfortunately GPA still matters – If yours sucks, at least try and show improvement.
Don’t buy on credit unless it appreciates – a car loan is the exception.
Pay your credit card in full every month – PERIOD.
Save and invest 10-20% of your post-graduation income – Pay Yourself First.
Take advantage of compound interest – IMMEDIATELY
Don’t buy individual stocks – Nobody can predict the future, so don’t try.
Buy ETFs – DIVERSIFY DIVERSIFY DIVERSIFY.
Max out tax advantage accounts.
At a minimum, obtain Car and Health Insurance – Don’t let an accident or illness set you back.
