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The Graduating Student’s Guide to Managing Finances and Tackling Debt
If you are like most graduating college students, you probably have a few thousand dollars in credit card debt and even more in student loans. In fact, total outstanding student loan debt in the US has surpassed total outstanding credit card debt for the first time ever, and is projected to hit $1 trillion by 2012. In this post, I will explore simple ways graduating students or recent graduates can take more control of their finances and pay down debts faster by doing a reality check, automating, and keeping expenses down while saving. Do a Quick Reality Check
This story was last updated February 10, 2011. First of all, the IRS has a gift for you: an extra three days to file your returns! Individual taxpayers will have until Monday, April 18, to file their returns. The reason: Friday, April 15, is a legal holiday in the District of Columbia, and because D.C. holidays affect tax deadlines in the same way federal holidays do, all taxpayers are being given an extra three days to file their returns. Now, on to your tax return: Claim these often overlooked deductions and credits and you just might be able to pay less to the IRS. IRA/Roth Conversion
16 Tax Deductions for This Year's Tax Return
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