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Tuesday, May 20, 2008

Financial tips for college grads: Watch the credit cards, get health insurance

This article explains one more thing that graduating seniors need to learn before graduating. They will now have to buy their own health insurance if they do not have benefits with a new job. There are affordable plans for healthy young individuals. But they will likely need to get their own apart from their parents' plans that they have used for their childhoods. This article is from the Boston Globe and not an insurance agent so I'll link it here.

Financial tips for college grads: Watch the credit cards, get health insurance

May 20, 2008 12:03 PM

By Peter Schworm, Globe Staff


Diplomas in hand, college graduates are heading off into the “real world," where a daunting economy and sluggish job market await. Smith College economics professor Randall K. Bartlett, who teaches in the college's Women and Financial Independence program, said recent graduates need to make a concerted effort to manage their finances well as they enter post-college life.

Bad decisions now could haunt the graduates for years to come.

"Money comes in hard and goes out easy," Bartlett said. "How you plan your finances now can have huge ramifications on how your life will play out."

To help grads along their way, Bartlett recently provided a few thoughts on the economic climate and some tips on getting a financial life:

Continue reading the article here.

12 comments:

Lily said...

I found a great prescription discount card at www.rxdrugcard.com. It costs only $4.50 a month to have the card. That’s something that a new college grad can afford. They have posted their prescription prices on the website to check before you enroll. I think that RxDrugCard.com is the best drug card available for prescription discounts.

Keri Foley said...

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Purchasing a health insurance is a good idea but we have to be wise enough on choosing the company itself to avoid certain scam in this kind of industry. Having a health insurance will surely help every single member of the family.

Working in progress said...

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Thanks very much,

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