Tips for New Grads:

Consolidate Student Loans: There are many great websites out there to help you decide whether and how to consolidate your loans. Check out, a site that offers information and student loan rate comparisons;, a tool that helps you determine if debt consolidation is right for you; and of course don't forget to consult, the largest private student loan provider. The sooner you consolidate, the less likely you'll risk facing increasing interest rates -- the Fed just boosted interest rates by a quarter percent, and Congress is considering a law banning fixed-rate student loan consolidations:

Create a Budget: Analyse your current home budget with Sound Money's calculator. You can also go to, where they have a variety of debt, budget and retirement calculators. Also useful is, which offers tools to help manage your paycheck.

Manage Credit Card Debt: Use our credit card payoff estimator to determine what you need to do to handle your debt. Then get the best financial advice on the web from Chris Farrell:

Research Renter's Insurance: A good place to learn the basics is That site also offers insurance comparisons, though it's wise to shop around at other sites and companies, naturally.

Invest in a 401(k) or IRA: What's a 401(k) and why should you invest? Your key resource is Chris Farrell's Right on the Money! site, specifically Other sites include Fidelity's or you can see what a non-profit organization has to say about them at What about that IRA thing? Chris Farrell: The Motley Fools:

Set up Direct Deposit: There's a site dedicated to direct deposit at, of all places,, sponsored by the Federal Reserve Bank of Atlanta.

Learn more about health insurance at or

For more assistance in your finances, head on over to, an organization that promotes state-wide personal finance education initatives. There's also, a site with financial literacy tools and curriculum for schools and parents.

Finally, if it's offline learning you crave, definitely pick up copies of Beth Kobliner's "Get a Financial Life: Personal Finance in Your Twenties and Thirties" and Fran Katzaneck's "Kaplan Reality 101".

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.