Finances


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From May 25 to May 31, Virginia celebrates its annual Hurricane Preparedness Sales Tax Holiday.

Supplies costing $60 or less, as specified in the Guidelines, will be exempt from the sales tax during the holiday period.  So, stock-up on AA batteries, flashlights, and bottled water next week.

The Wall Street Journal has five solid tips to help DC area college graduates master money management during a recession.

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Wesley Bedrosian - WSJ

         1.  Savings Matter.

 

        2.  Find the fine print.

 

       3.  Focus on the total cost.

 

       4.  Debt is the great divide.

     

       5.  There is a permanent record.

 

Here’s the link for the full story. 

It’s not easy to master money management during the best times and it’s especially hard to navigate the challenges of a recession. Still, many of the same basic principles apply in good times and bad. And getting a taste of a downturn at the start may make current graduates smarter and more thoughtful than those who graduate during boom times.