10 Things Every College Grad Needs to Know About Money

Mary Morrison, who has taught a personal finance class to Stanford University seniors for 13 years, has seen it all. There was the young woman who thought “paid vacation” meant all her travel and leisure(cash advance now) activities would be paid for by the boss, the guy who didn’t know there was such a thing as a water bill, and the student who threatened to call the police on the work study office because it was letting the government withhold money she earned and not give it back.

Some students, who call Morrison “the reality check lady,” have suggested she write a book detailing everything you need to know about money when you get out of college. She hasn’t done that, but she shared with Forbes what she thinks are the most important tips of all.

In Pictures: 10 Things Every College Grad Needs To Know About Money”

Some people come in knowing nothing,” she says. “And I really do fear for them. They really are a deer in the headlights sometimes.” The 200 or so students she gets her hands on each year receive(best cash advance companies) a dose of tough love and honesty. They have called the experience “funny and horrifying at the same time.”

Source : www.news.yahoo.com

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