WILLIAMS: Small mistakes, big consequences
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WILLIAMS: It s about more than numbers
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Paracle Advisors merging into Coldstream Wealth Management
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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 don t 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 be absorbed by additional expenses that they have not been used to.