After years of struggling to make ends meet as a starving student, you've landed a job and can't wait to start earning a real paycheque. That sports car or posh apartment may be tempting, but if you're saddled with student loans, you should set a budget before making financial decisions you could regret.
"Don't commit to anything until you've had your job for several pay periods," advises Debby Fowles of about.com financial planning guide. New grads often make commitments based on their gross annual salary and are shocked when they see their take-home pay. "Sometimes they're already in trouble by that time."
Creating a budget or "spending plan" will help you pay down debts quicker while managing your living expenses and even saving for the future. "It's a tool, not a financial handcuff," Fowles says.
The Delaware Supreme Court on Monday ruled in favor of Crispin Porter + Bogusky's edgy anti-smoking campaign, truth, for the American Legacy Foundation, stating that the ads did not slander tobacco executives.
''The advertisements are not invidious, disparaging, offensive, belligerent, nor fiercely or severely critical. Nor are they denouncements that are both unfounded and abusive or slanderous,'' the court wrote.
Lorillard Tobacco Co. of Greensboro, N.C., had sued the foundation, alleging the ads improperly vilified the industry and personally attacked its executives. The Miami ad shop's national campaign has won kudos for slashing teenage smoking rates.
MARINE PARKS
MVC CAPITAL INVESTS IN SEAQUARIUM
A New York investment firm has acquired a stake in the Miami Seaquarium as part of a $14 million financing package for the marine park.