That Makes Cents: Tips for graduating during a recession

Beth Kobliner, Author, "Get a Financial Life"
"People who are leaving college have lots of debt. On average, $22,000 in student loans and $4100 in credit card debt."
 
To pay those bills don't wait for your dream job.
 
Beth Kobliner, Author, "Get a Financial Life"
"Work harder than anybody else. You may get promoted and you may find it leads to something that you really like."
 
Tackle high interest credit card debt first.
 
Beth Kobliner, Author, "Get a Financial Life"
"One tip is if you can't make both your student loan payments and your credit card payments, stretch out the terms of your student loans. Instead of paying it back over 10 years, you can pay it back over 20."
 
Protect yourself from a health disaster.
 
Beth Kobliner, Author, "Get a Financial Life"
"See if you can be covered under your parent's policy. Or see if there's an alumni association that exists that you can join and get group health insurance. If you can't get health insurance that way, then at least get what they call short term catastrophic coverage."
 
And it's OK to move back in with mom and dad.
 
Beth Kobliner, Author, "Get a Financial Life"
"Don't go back to being an adolescent, but instead, try to save up some money."
 
Now that makes cents.
 
For more tips and additional information about Beth Kobliner, check out her website:
www.kobliner.com

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