Seven Solid Financial Tips for Recent Grads

A great list of financial tips to pass along to any young (or older) person, with straightforward advice such as "saving is a form of freedom" and "the key to financial well-being is spending less than you earn:"

  1. Don't buy individual stocks.
  2. Start contributing to a 401k early.
  3. Know what is in your 401k.
  4. Make more than the minimum payment on your credit card balance.
  5. Your credit score is critically important.
  6. Saving is a form of freedom.
  7. Buy things cheap - the easiest way to save money is by not spending much in the first place.

Source: Forbes

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