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3 Common Money Mistakes Recent Graduates Make, According to Financial Experts

1. Not being prepared for your expenses Living costs add up quickly. It is important to be aware of every monthly payment you are on the hook for so you dont end up spending more than you earn. "A lot of college students have been living meagerly for years and think that will all end once they graduate and get a real job," says Christopher Lyman, a certified financial planner at Cambridge Investment Research in Pennsylvania. "What many do not realize is all of that income is not extra and will...
United States United Kingdom Christopher Lyman Cambridge Investment Research Niv Persaud Transition Planning
Source: nbcdfw.com

Mark Cuban: The Advice I Got From a Mentor at 22 Years Old That I Still Use Today

But there, "this guy who was trying to be my mentor [said], Im going to give you a tool that you can use: Every time you go into a meeting, I want you to have a notepad, and the minute you sit down, I want you to write the word Listen right there on your notepad. [Y]ou need this because you dont listen." Since, the habit has stuck with Cuban. "No lie," Cuban said, "if you go back over the last 40 years now that Ive been going into meetings and taking notes, I write, Listen, first thing."
Mark Cuban Todd Wagner Indiana University Men Health Make It Mark Cuban

Dr. Fauci: 'We Very Well May Need to Get Booster Shots' for Covid — Here's When – NECN

By Cory Stieg, CNBC • Updated 3 hours ago Alex Wong | Getty Images White House chief advisor Dr. Anthony Fauci said people may need to get booster shots for the Covid vaccines in a year, during an interview with MSNBCs Medhi Hasan Monday. Recent data suggests that Pfizer and Modernas Covid vaccines provide protection for at least six months, Fauci said. Download our mobile app for iOS or Android to get alerts for local breaking news and weather. Pfizer released data on April 1 sh...
United States White House District Of Columbia Moderna Covid Stephane Bancel Albert Bourla
Source: necn.com

This Simple Money Hack Could Help You Boost Your Retirement Savings by $20,000 Or More

Starting early is key because it allows you take advantage of compound interest, which is when you earn interest on both the principal amount and any accumulated interest. If you invest $100 and earn 5% in interest, youll have $105 at the end of the year. With simple interest, youd continue to earn 5% of that $100 every year. But with compound interest, you earn money based on the total amount in your account, not just your contribution. That means youll now earn 5% of $105 and so on.  Lets se...
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Millennials Are Known as Avocado Toast-Loving, Latte-Swilling Spendthrifts—Here's the Reality

, a series exploring how the oldest members of this generation have grown into adulthood amidst the backdrop of the Great Recession and the Covid-19 pandemic, student loans, stagnant wages and rising costs of living. For the last decade, headlines have decried millennials as lazy and entitled, failing to live up to their parents success because of carelessness with money. Download our mobile app for iOS or Android to get alerts for local breaking news and weather. Picture avocado toast-consum...
Stefanie Oconnell Rodriguez Oconnell Rodriguez Kelly Lannan Gen Xers Pew Research Center National Bureau For Economic Research
Source: necn.com

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The Third Round of Stimulus Checks Helped, But Millions of Americans Are Still Struggling

But that still leaves about 18 million adults who are going hungry, a figure that is much higher than the number of Americans who said they didnt have enough to eat prior to the start of the pandemic in 2019, according to the Center on Budget and Policy Priorities. "While the latest figures are a welcome improvement, they show that many Americans will need more help to enable them to climb out of debt and to return the nation to pre-pandemic levels of hardship — let alone to reach a more equi...
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