I always enjoy graduation season, as students don their caps and gowns and listen to commencement addresses filled with sage advice. Given my profession as a Certified Financial Planner practitioner, I am struck by how well this advice applies to one's personal finances.
Commencement ceremonies are celebratory and often emotional events. I would put forth that community college commencements are particularly moving. Why? For many of our students, the community college was the second chance -- or perhaps the only chance -- at higher education.
Be smart about credit cards. Always pay your balance in full every month. If you can't and you've run up debt, begin paying it off aggressively, and call the credit company to request a reduced interest rate.
I've plucked the very best sound bites from famous speakers like Oprah Winfrey, Desmond Tutu and Jon Stewart to help us forge ahead on our journeys, remember our dreams, and to find hope, purpose, and peace in our lives.