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Tip 1

Save - Start on the right path by learning how to spend less than you make.
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Tip 2

Pay Yourself First - take an amount out of each paycheck and put it in a savings account.
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Tip 3

Big Purchases - save the money first to avoid credit card debt.
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Student Loans

Ah! Student Loans!

I just graduated college not to long ago and like many I am still searching for full-time employment and I am worried. 

My advice if you have the oportunity to get a higher education and NOT get loans DO IT. If you need them, be smart about it and your money leading up to the day you have to start making payments.

Student debt is great for one reason; you don’t have to start paying it back until you are out of school for 6 months and if you go back to school it is deferred until you have completed school again.

Also if you did your research before getting your loans you got the loans that did NOT accumulate interest while your in school, but did you know that it still doesn’t accumulate interest until after that 6 month grace period.

The most common error most recent grads make is that they are so excited to live and disregard this obligation that they are going to have in the near future.

So first Know your Loans, Check out that link!

Second, start early with saving and plan for the expense. Don’t wait to the last minute because once that interest begins to add up you will be paying for you education twice over. 

Also, review your loans and see if there are any additional fees. If there is no fee for paying it off early, try your hardest to do so because it will save you tons on interest. If you can't pay it off early make sure you make timely payments and pay it off on schedule. 

That is all you can really do to be ready and prepare for student loan. Student loan are the one obligation you can not get out of, not even through bankruptcy. They stay with you until you pay them off how ever long that may be.