Graduated From College But Financially Ill-Prepared

By , on Apr 19, 2010

Looking back to the time when I just graduated from college, it’s simply amazing how little I knew about personal finance. I lacked the fundamental understanding of basic financial concepts, such as, budgeting, cash flow, credit, investing, etc. Frankly, I’m surprised I made it this far and has done this well.

But I was lucky.

Although I had no idea what I was doing, I was determined to get rid of my student loan and credit card debt — and all I did for the first two years. I lived a very frugal lifestyle and didn’t spend money on anything. Most of my paychecks went toward paying off these two debts.

However, that’s not how it should have been.

Ideally, I should have learned something while I was in high school or college — unfortunately, they don’t teach this essential life skill.

Very unfortunate.

Some good financial finds:


Andy Tenton Andy is a 30-something New Yorker who turned his financial life around. He took charge of his finances, got out of debt, and is now working his way toward financial success. He is the owner of Money Destiny and the publisher of

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