“Unfortunately, some graduates have additional credit card debt or car loans,” says Ken Shapiro, certified public accountant (CPA) and a certified financial planner..
As a first step toward mature, financial independence, Shapiro recommends that new graduates develop a financial plan. “Work out a budget,” he says. “Determine what your real needs are. Figure out how much you can afford to pay down. Pay on time so you can build good credit.”
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Courtesy: www.recordernewspapers.com
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