GET A REALITY CHECK FOR YOUR PAYCHECK

Money Knowledge for college and beyond
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The National Association of Colleges and Employers reports that the average starting salary for a Class of 2012 graduate is $44,442.

$44,442 is a pretty nice chunk of change—good enough to buy you any of the following:

An incredibly fancy Hublot watch
A new Cadillac XTS
An 1,800 square foot home in Detroit

Yeah, you’re probably not spending your entire salary on any of these big-ticket items. Then again, you’re probably not going to have a $44,442 salary anyway.…