New grads should budget wisely, prioritize student loan payments, save for retirement, and avoid lifestyle creep.

From Yahoo Finance: 2025-05-23 12:25:00

New college graduates need to be smart with their first paycheck. Money wellness expert Jack Howard warns that taxes, benefits, and student loan payments can eat up more than expected. It’s crucial to budget from your net pay and factor in hidden costs like daily coffee runs. Graduates should also save for retirement and emergencies, prioritize student loan payments, and avoid lifestyle creep. Automating payments and microsaving can help build financial stability. Source: GOBankingRates.



Read more at Yahoo Finance: 7 Dos and Don’ts for New Grads Getting Their First ‘Adult’ Paycheck