Finance 101: Money advice for new grads

Mass Appeal

(Mass Appeal) – Many recent graduates are thrilled to cash their first paycheck, but hold your horses! Todd from Cambridge Credit in Agawam, is joining us with some important financial advice.

First, create a basic budget and account for five spending categories: home, travel, debt, savings, and other. Next, prioritize your debt list and start off by paying high interest debts like credit cards.

Then, get your student loans in order – know what you have and what your options are. Finally, it’s never too early for working on establishing good credit.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Contact Mass Appeal

Donate Today