Graduation is a thrilling time, but it can also bring some financial questions for you and your loved ones. No matter your post-graduation plans, starting financially strong is key. Having an open conversation can help avoid common pitfalls young adults face. So, let’s talk money!
Get your money right.
• Take a step back: Reflect on your current spending habits and think about how you may need to adjust for your new financial situation.
• Budget basics: Create or review your budget. Make sure to prioritize needs vs wants and leave room for savings.
• Build good credit: Learn how credit scores work and how to use credit responsibly.
Plan for independence.
• Clear boundaries: Post-graduation is often a financial gray area where recent grads may be used to getting help from their parents. Setting clear boundaries and expectations now that you’re out on your own is helpful for everyone.
Moving away? Star Bank is still here!
• Powerful financial tools: Our array of checking and savings accounts paired with our digital services is a perfect combo for managing your money from wherever you might be. If the graduate moves away from home, banking with Star Bank is still a possibility!
• Local Expertise: Our friendly local staff is here to offer you personalized guidance and support. Visit a branch or check out our website to learn more.
Graduating is a huge accomplishment, and we are so proud of our local graduates! We wish them all the best as they are being their next adventure in life… and we’re here to support them every step of the way!