After graduation, most youngsters ask the question - what next?
Here is what will help you decide just that. Answer these three questions - Do you have a place to live? If the answer is yes then the thumb rule is to spend no more than 25% of your income on rents. If no, then you have an option to move back in with your parents.
In that case set the ground rules right in the beginning and be respectful of them while making them understand that you are now grown up. If staying with your parents is not an option then make necessary plans to find a place to rent.
The next stop is getting your finances right. Plan and pay off your debts. Use credit cards for small spends. Keep track of your income and outgoings. Set up a fund for your savings.
In addition plan your social life, health and fitness.
