Here are the 5 &quot;myths&quot; and his advice to save you a click through:<p>1. It&#x27;s important to get a job and start saving for retirement the minute you&#x27;re out of college.
&gt;It&#x27;s more important to spend time thinking about what you want to do (surfing in South America?) than to start working and paying off students loans immediately.<p>2. Getting a credit card right out of school is dangerous.
&gt;Get a credit card with a small limit ($500) and set it on autopay.<p>3. The American dream involves buying a house.
&gt;Rent rather than buy and don&#x27;t get attached to anything while you&#x27;re young.<p>4. Once you graduate, immediately try to build up a cash emergency fund.
&gt;Use 401k as an emergency fund, even if you have to take the tax hit. Long-term benefits outweigh short term risks of doing this when you&#x27;re young.<p>5. Investing is difficult, and stocks are sexy.
&gt;Avoid managers&#x2F;fees and just put money into an index fund.<p>Nothing too radical.