8 Essential Money Management Tips for New College Grads

After four (or more) years of hard work, caffeine-fueled study nights that turned into mornings and more ramen dinners than you can count, you’ve graduated and are ready for the “real world.” But are you really prepared to start off on the right financial foot?

While the prospect of making the most money you ever have is exciting after living on a budget,

establishing smart financial behaviors should be your number one priority. How you manage your money now will either benefit or haunt you in the future. Setting the groundwork to build a solid financial foundation will help you successfully transition from college graduate to full-time professional.

How A Small Emergency Fund Can Help You Avoid Long-Term Financial Hardship

Managing your budget can be difficult and stressful, especially when unforeseen emergencies arise. Most of us have experienced some type of unexpected financial situation – from unforeseen medical expenses to sudden drops in income, these setbacks can spell financial ruin. Life happens fast and unexpected expenses are inevitable. Fortunately, there is a way you can prepare for unexpected financial emergencies. By building a small emergency fund, you can avoid long-term financial hardship.

Financial Planning During Difficult Times

Some tips and resources from Latitude 32 Credit Union to assist during these uncertain times.

There is no doubt about it, 2020 has taken us all by surprise. Our financial present and our financial futures’ have all been turned upside down by the covid-19 pandemic, subsequent lockdowns, and ensuing financial hardships that have followed.

Our everyday lives have changed drastically and for many, so have their finances.

That’s why it’s completely understandable to be concerned about your financial future in these uncertain times. None of us have ever experienced something quite like this before, and there are still plenty of unknowns to add into the equation, making financial planning even more difficult.

That’s why our team at Latitude 32 Credit Union wanted to illustrate the resources available to you through your membership.