As part of the President Obama's health care bill there was a student aid initiative, which should benefit a lot of students. Not only does it keep alive the Pell grant program, but it actually increases the award. The bill also caps monthly loan payments at 10 percent of your income, and it also gives billions of dollars to community colleges and historically black colleges, Hobson said.
Hobson recommended getting in the habit of budgeting. Know exactly where your money is going and what money is coming in. There are a lot of financial tools on Ihe internet that make it easy. Try and develop a financial plan, so you can properly manage your salary from your new job.
As soon as you start your new job, start contributing to your 401(k), at least to the company match.