5 Money Moves for Grads to Help You Start Strong
First of all- Congrats! You have crossed a huge milestone, and we couldn’t be prouder. Whether you are off to college, diving into your first job, or still figuring out your next steps (it’s okay if you are), we’re here for you.
We know that this time can feel overwhelming, especially when it comes to money. So let’s make it simple. Here are five moves we think will help you feel more confident, prepared, and—most importantly—supported as you step into this new chapter.
1. Build a Simple Budget
Think of this like your financial game plan. It doesn’t have to be fancy—just a way to keep track of what’s coming in and what’s going out. Knowing where your money’s going helps you feel in control and helps you say yes to the things you really care about.
Let us help: You member advisor is a certified financial counselor, they can help you learn to track spending, set goals, and even get alerts when you’re getting close to your limits.
2. Start a Rainy-Day Fund
Life throws curveballs. Maybe it’s car trouble or an unexpected bill. Having even a few hundred dollars tucked away can make a big difference and give you peace of mind.
Let’s grow that savings: Start a payroll certificate with auto-transfer to help you build your emergency fund without even thinking about it.
3. Start Building Credit (The Smart Way)
Your credit score might not seem important now, but trust us—it matters. From renting your first apartment to getting a car loan, your credit history follows you. The good news is you can start strong right now.
We’ve got your back: You can view your full credit report, check your credit score, set goals and more with Savvy Money in your mobile app.
4. Don’t Fall for the Lifestyle Trap
Upgrading your lifestyle with a new car, fancy apartment, or endless takeout might seem tempting, but overspending can lead to financial stress. Consider maintaining a modest lifestyle for a bit longer – it’ll pay dividends later.
Need some guidance: Create a plan for big purchases and ditch impulse buys. Starting a savings plan now can make a huge difference in your future finances. The power of compound interest can add up to thousands over time, so the sooner you start, the better.
5. Stick With People Who Care About You
Big banks often treat young people like an account number. But here, you’re part of a community. We’re member-owned, community-rooted, and focused on helping you succeed—not just making a profit.
We’re here for you: From free checking to personalized advice, we’re ready to support you in every stage of your journey.
Let’s Stay in Touch
You’re stepping into something exciting, and we’re honored to be part of it. If you’re looking for a financial partner who truly cares and helps you grow, we’d love to be that for you.
Come join us at Public Service Credit Union. We can’t wait to see where you go, and we’re here every step of the way.