I am graduating this August and I already have a job lined up (cardiac;)). At 23, I don't have a huge amount of experience with handling money. During college, I received about $800/month from the VA for education benefits. I realize now that before taxes, I will be making close to this amount of money in one WEEK.
I really feel like I need advice, tips, etc on ways to handle money. Better yet--a recommendation for a book, sort of a "how-to" guide on getting started in my financial life. I am still young and I don't want to go crazy and blow it. I don't feel like I am all that educated on money, especially topics such as how much of my money should go where, investments, retirement, savings, etc. I want to be smart about this and start young, so I don't have to suffer and worry too much when I am older.
RainDreamer, BSN, RN
3,571 Posts
Don't spend more than you have.
Don't carry a balance on credit cards.
Money markets and mutual funds are good things.