---
title: Money Advice for New College Grads
description: Two things to keep in mind when you graduate and get a new job.
authors:
  - name: wordsthatecho
    url: https://money.com/author/wordsthatecho/
    at_money_since: 2015
    articles: 44
    covers:
      - Career Advice
      - Education
      - Housing
      - Insurance
      - Investing
      - Lifestyle
      - Loans
      - Personal Finance
      - Retirement
    former_staff: true
published: '2016-01-28T16:44:02.000Z'
modified: '2016-01-28T16:44:02.000Z'
section: Career Advice
tags:
  - Budgeting
  - Financial Planning
  - video
word_count: 141
canonical: https://money.com/financial-advice-first-job/
type: Article
source: structured-blocks
---

> **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![Screen Shot 2016-01-21 at 4.43.06 PM](https://img.money.com/2016/01/screen-shot-2016-01-21-at-4-43-06-pm-e1453412624893.png)

Blogger Brian Preston has some advice for college grads who just entered the workforce. First, take a deep breath and remember that the decisions you make now—financial or otherwise—will have an impact on the rest of your life. Here are two things to keep in mind as you start collecting those regular paychecks.

First, don't rush to make an expensive purchase. Just because you can afford to buy that sexy car doesn't mean you can afford the insurance payments. Try to live below your means now; the car will still be there later on.

The same is true of other big-ticket items. When you buy a house, for example, you don't just buy the walls. You buy the utility and repair bills that come along with it. So do your homework and make sure you can cover the ongoing costs.

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "@id": "https://money.com/financial-advice-first-job/#breadcrumb",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://money.com"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Career Advice",
          "item": "https://money.com/career-advice/"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Professional Development",
          "item": "https://money.com/professional-development/"
        },
        {
          "@type": "ListItem",
          "position": 4,
          "name": "Money Advice for New College Grads"
        }
      ]
    },
    {
      "@type": "WebSite",
      "@id": "https://money.com/#website",
      "url": "https://money.com",
      "name": "Money",
      "publisher": {
        "@id": "https://money.com/#organization"
      }
    },
    {
      "@type": "WebPage",
      "@id": "https://money.com/financial-advice-first-job/#webpage",
      "url": "https://money.com/financial-advice-first-job/",
      "name": "Money Advice for New College Grads",
      "isPartOf": {
        "@id": "https://money.com/#website"
      },
      "datePublished": "2016-01-28T16:44:02.000Z",
      "mainEntity": {
        "@id": "https://money.com/financial-advice-first-job/"
      },
      "inLanguage": "en-US",
      "breadcrumb": {
        "@id": "https://money.com/financial-advice-first-job/#breadcrumb"
      },
      "dateModified": "2016-01-28T16:44:02.000Z"
    },
    {
      "@type": "Article",
      "headline": "Money Advice for New College Grads",
      "articleSection": "Career Advice",
      "image": [
        {
          "@type": "ImageObject",
          "url": "https://img.money.com/2016/01/screen-shot-2016-01-21-at-4-43-06-pm-e1453412624893.png",
          "width": 1418,
          "height": 788,
          "caption": "Screen Shot 2016-01-21 at 4.43.06 PM"
        }
      ],
      "author": [
        {
          "@type": "Person",
          "name": "wordsthatecho",
          "url": "https://money.com/author/wordsthatecho/",
          "@id": "https://money.com/author/wordsthatecho/#author"
        }
      ],
      "publisher": "https://money.com/#organization",
      "datePublished": "2016-01-28T16:44:02.000Z",
      "description": "Two things to keep in mind when you graduate and get a new job.",
      "abstract": "Two things to keep in mind when you graduate and get a new job.",
      "@id": "https://money.com/financial-advice-first-job/",
      "inLanguage": "en-US",
      "dateModified": "2016-01-28T16:44:02.000Z",
      "wordCount": 141,
      "keywords": [
        "Budgeting",
        "Financial Planning",
        "video"
      ],
      "about": [
        {
          "@type": "Thing",
          "name": "Career counseling",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Career_counseling"
          ]
        },
        {
          "@type": "Thing",
          "name": "Professional development",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Professional_development"
          ]
        }
      ]
    }
  ]
}
```