Posted
May 12 2008, 12:04 PM
by
Karen Datko
"Money Smart Life" remembers the forced frugality of college: beans and rice, water on cereal because milk is too pricey, buying the cheapest beer, no matter how awful the taste.
He also knows how newly employed graduates are tempted to spend. For them, he recounts the tale of the guy who went to an all-you-can-eat buffet after spending four years stranded on a desert island: He goes into shock and almost dies because his appetite wrote a check that his stomach couldn't cash.
"Of course you won't die from overspending, but you can literally kill your financial future for years to come if you go on a buying binge," Money Smart Life writes in this down-to-earth post.
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