Starting your first post-graduation job? Here’s how to organize your finances

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With graduation season over, many college grads are embarking on summer internships or their first full-time jobs

NEW YORK — With graduation season over, many college grads are embarking on summer internships or their first full-time jobs. Navigating your finances when you start adult life can be challenging, from understanding your health insurance and benefits to managing a budget.

Finding a job is often the first hurdle, so if you've accomplished that, take a moment to be proud of yourself.

“Once you do get that first job, pat yourself on the back," said Nick Holeman, director of financial planning for Betterment, a financial advisory company.

Then it's time to think about your financial future. With credit card delinquencies growing and interest rates still high, it's more important than ever for recent graduates to start their adult lives on the right financial track.

Here are recommendations from experts about how to do that:

Getting your first job is exciting, but the onboarding process can feel overwhelming. When you start a new job, most companies offer guidance about benefits such as your 401(k) and health insurance. It's a lot of information, but it's important not to ignore it, Holeman said.

One key thing to focus on is your employer-sponsored retirement plan. While many companies automatically enroll you, Holeman recommends you save more than the typical 2% to 3%. Automatic enrollment allows your employer to take a set amount from your paycheck to allocate to a retirement investment account. You can choose to opt out or increase the amount you contribute.

“Because you’re automatically enrolled doesn’t mean you can’t go in and increase how much you’re contributing," he said. “And that’s a great way to