DURING COLLEGE AND BEYOND

Stay on top of your finances

Whether you're still in school or just landed your first job, you can navigate the ins and outs of managing your money for a bright financial future.
1

Stick to a budget

It's never too early to create a budget and start managing your money. Monitor your monthly spending by building a personal worksheet to track your expenses. Adjust your budget as life changes and prepare for the unexpected by starting an emergency fund.
2

Explore student banking

While you're still in college, you can find a range of banking options to suit your needs. Consider opening a credit card, a checking or savings account or a Bank of America® CD to earn even more interest.
3

Work during college

Earning a paycheck? Grow your money by opening a savings account and start chipping away at debt while you're still in school. Consider federal work-study programs, paid internships, on-campus positions and summer jobs to help save money along the way.
Tip:

Build good credit

Establishing good credit during and after college can make your financial life a lot easier. That's because your credit score determines whether you'll get a house, credit card or insurance. Plus, it can affect what your interest rates will be on a loan for a major purchase, like a house or car.
4

Plan for career success

Fresh out of college or switching careers? Learn how to craft a professional résumé and brush up on interviewing. Use your alumni office to make connections and consider creating a LinkedIn profile to develop your professional network.
5

Tackle debt and pay off student loans

You're done with college—now what? Repaying your debt on top of new financial obligations, like renting an apartment or buying a car, can be overwhelming. It's a good idea to find the right balance between paying down debt and investing for the future.
Looking for investment advice and guidance?
Meet with a Financial Solutions Advisor at more than 2,000 select Bank of America financial centers.
Or call us 24/7 at 866.460.1282

Important disclosures

Neither Merrill Lynch nor any of its affiliates or financial advisors provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
ARTKFW8R-EXP043017