Make sure you have the right bank account for you. A lot may have changed since you opened your account, so consider changing your account to find the best one for your needs. If you are still sharing a bank account with your parents, consider opening your own. Opening an account can be simple and it’s possible to do so online or over the phone -- but you’ll need a minimum deposit amount and documentation like your Social Security Number. For helpful tips, see the Consumer Financial Protection Bureau's (CFPB) guide on opening a checking account.
Live within your means. As you begin your career it’s essential to have reliable income and use it responsibly. A good budgeting guideline to start with is the 50/20/30 rule. Allot 50 percent of your income to necessary costs like housing, 20 percent to financial goals like repaying student loans and 30 percent to spending money. Remember that this is a rule of thu ...