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If a 25-year-old who invests $2,000 a year at a 6 percent compound interest annually for fifteen years and never invests another dollar, after the age of 40, the 25-year-old will earn more by the age of 65 than a 35-year-old who invests $2,000 a year at 6 percent compound interest annually for [...] You are a Recent College Graduate, Have a Job and Now What? Debt management plans offered by DMCC help consumers relieve the stress of excessive debt by reducing credit card interest rates, consolidating and lowering monthly payments, and stopping collection calls and late fees. Learn to pay yourself first!According to CNN Money, college graduates of 2005 are being paid more in starting salaries than the class of 2003-2004. The majority of employers offer 401(k) plans or other tax-deferred retirement options. Saving money is not always the case when moving home. Here is a list of the average salaries for college graduates.Accounting – $41,039; Management – $35,811;Teaching – $29,733; Sales – $37,130;Nurse – $38,775;Financial /Treasury – $45,596; Software -Design – $53,729; Consulting – $49,781;Source: CNN Money 2005After obtaining their landing your first job, many college graduates think it may be a good idea to move back home with their parents so they can save money. So, instead of saving your money, graduates could be spending it on items they do not really need.
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