There you are, a college graduate with your newly minted degree in one hand and a new job in the other—or the confidence that you will have one soon. For years, you’ve waited for a real job with a real paycheck to get a decent car, apartment, and respectable wardrobe. After all, these are the things you so richly deserve for having nearly starved to death for many years.
Well, not so fast, buckaroo. Before you do a thing, we need to go over the fundamentals of managing a paycheck—a small detail you may have overlooked in the courses you took to prepare you for the real world.