Festival of Under 30 Finances: May 18, 2007 Edition, Graduation

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The Festival of Under 30 Finances, (May Graduation Edition) has arrived! The question was: “What’s one piece of financial advice you wish someone had given you when you graduated from college? (Or if you haven’t yet graduated, what do you think you’ll struggle with most and need advice about when you graduate?)”

We had several thought provoking answers:

Congratulations, May Grads! posted at Grad Money Matters included the following advice: “For high school grads: Go to college and get a degree in a major that will result in a good high paying job and For college grads: Postpone major purchases for at least one or two more years.”
and

Best Credit Card and Money Advice for College Grads (Ask Mr Credit Card’s Blog) posted at Ask Mr Credit Card’s Blog advice included: “Pay Your Credit Card Bills Fully and Your Other Bills On Time and Run Your Finances Like a Business.”

The Digerati Life answered:

The one piece of financial advice I wish someone gave me was to learn more about how to properly diversify through asset allocation. Though I did learn how to invest in the markets right after I graduated from college, I believe that I didn’t receive a thorough understanding of the concepts of asset allocation and diversification. I simply practiced what the current financial magazines of that time taught me, but such information wasn’t grounded on strong theory. I should have been given some classic financial books early on such as “Random Walk Down Wall Street”. If I had, I would have done a better job with my investment portfolio and track record then.

and added this post: How Much Credit Have You Turned Down? Maybe Half A Million Dollars Worth

On to the rest of the carnival:

Housing

Michael Emilio presents College Life: Is it Better to Live On-Campus or Off-Campus? posted at South Florida Realtor.

Darius presents How much worse can housing get? posted at Related to Mortgage.

Steve Leung presents How Home Buyers and Sellers Get Trapped in Straw Scams posted at Silicon Valley Real Estate Blog at 1SiliconValley.com.

Stock advice/investing

FMF presents The Greatest Enemy of a Good Investment Plan posted at Free Money Finance.

Tyler presents How Not To Make Money In Stocks Guaranteed! posted at Dividend Money.

fletchlives presents Sometimes You Should Roll The Dice posted at fletchlivesforecasts.

Alvaro Fernandez presents Trading psychology and Trader Performance posted at Brain Fitness.

Saving on Household Costs

Marshall Middle presents Update: Step by Step guide to Saving Money on your Comcast High Speed Internet posted at How to Make a Million Dollars.

The Frugalist presents How to Save $500 a Year on Gas - 27 Tips and Tricks posted at Frugalist.

How to Save Money while Still in School

Ted Reimers presents How to save money in College posted at CampusGrotto College Blog.

For the self employed/bloggers out there

Jimmy Atkinson presents How to Avoid Being Audited When You’re Self Employed posted at Ask the Advisor.

Robinson Go of Good Blog Advice presents 8 Shrewd Ways to Optimize Google AdSense posted at Rob’s Blog: Advice for Bloggers.

Where to Work

Robinson Go of Good Blog Advice presents 8 Shrewd Ways to Optimize Google AdSense posted at Rob’s Blog: Advice for Bloggers.

Paying Off Student Loans

David presents Graduating? Different Ways To Start Paying Off Your Student Loans. posted at My Two Dollars.

Interest Rates and Credit Cards

Jeremy presents Lower Your High Interest Rate posted at ASAP Credit Card.

Planning for Health Issues

Big Cajun Man presents Cancer, now that I have your attention posted at Canadian Financial Stuff.

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4 comments

  1. ispf May 18

    Thanks for hosting, and including my post!

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