Joined: 30 Jan 2007
|Posted: Fri Mar 13, 2015 9:16 pm Post subject: Mish's Tips for College Grads. You Agree?
|Mish Shedlock has recently given some advice to college grads on finance.
Tip 1. Very much agree with. You must live within your means. Easy to do in Korea. You have a LOT of disposable income.
Tip 2. Pay down student debt. Again agree. And again Korea makes this very easy.
Tip 3 - irrelevant to Korea. Plentiful jobs mean if you lose one there will always be another.
Tip 5 _ irrelevant to Korea. Accomodation is fully paid for.
Tip 8 - irrelevant to Korea. Public transportation is so good no need for a car.
tip 9 - This one I have a problem with. If we waited until conditions were just right no one would ever have kids.
tip 10 - debatateable. You could buy a house in your home country and rent it out thus increasing your income big time.
tip 11 - no opinion