This piece was first published in 2018 on the Credit Marvel blog. It has been updated to include new statistics, tools, images, and advice for 2019.As a new college graduate, finding the best money tips is key to starting your financial journey on the right track. According to research done by the National Center For Education Statistics, 1 in 5 American high school students lack the most basic financial skills. If not addressed, this will carry into college and beyond. Graduating from college can be both exciting and daunting. It is the first time many will be handling their own finances and in an effort to be prepared for the future, you want to arm yourself with the best personal finance tidbits. Regardless of how much or how little money you earn, this step is crucial to your future financial success.
[Image via Pixabay]Creating a budget is an essential money tip and is crucial to your personal finance success. Even more so is sticking to it. The best way to keep track of your spending is to use a budgeting software or personal finance apps. You can use either to create a monthly budget, which makes it easier to track spending. When creating your budget, you want to make sure you are accounting for all your monthly expenses. Also, keep in mind that unexpected expenses are inevitable. You want to make sure you are stocking away money in an emergency fund.