Yes, I know I haven’t posted in ages. Things have been a bit busy in personal, work and freelance life. While I get original content cued up, I hope you enjoy this piece…
College graduates around the country are currently coming down from the post-graduation highs and either waking up to screeching alarms way earlier than they ever had class or the sinking realization that getting a J-O-B is crucial to adult-life survival.
First paychecks might get blown on rounds at the bar in celebration of being a successful adult, after all student loan payments don’t kick in for another few months. The lucky ones getting a signing bonus could be tempted to splurge for an upgraded set of wheels or an above budget apartment. There are just so many mistakes a 22-year-old with limited financial experience is likely to make.
But in this time of celebration and uncertainty, one rule should reign supreme when making money decisions: the less than 50 percent rule.