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Madison MoneySports - Personal Finance Thread
#3
Senor_Taylor Wrote:Also, what are some things a normal recent grad doesn't think to do financially but should? What's something you wish you did when you graduated? Let's avoid "Live in a hut, spend no money, eat lentils." please. I like my income, but I'd really like to supplement is somehow, some way.

This is probably where I will spend 90% of my posting from here on out lol. I like helping people with this stuff. Not that I'm an expert, but have enjoyed reading and learning as much as I can and always look for advice from others.

The two biggest things I can point out and may seem obvious are the following:

1) ALWAYS pay yourself first. Setup some reoccurring amount per paycheck and deposit into a savings account. You'll never miss it and it's the easiest way to save money.

2) Spend less than you earn. It's really easy to watch your peers get new clothes, dinners, cars, what have you. Keep those two things in mind and you're on your way.

I have a few books your are welcome to borrow and read if that's your thing.
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