About three million people graduated from high school in the last few weeks. Just over one million received a bachelor's degree. Congratulations if you're one of them. And welcome to the real world. May I offer some financial advice? It's only five words. Simple almost always beats complex. That's true for investing, mortgages, insurance, and everything else related to money. If there's one thing I wish I knew when I graduated, it's that. I asked a few of my smartest friends for their five-word financial advice for new grads. Here's what they said. Kanyi Maqubela, Collaborative Fund: Live simply. Fees add up. Ben Carlson, A Wealth of Common Sense: Budget. Save. But enjoy yourself. Josh Brown, Reformed Broker: Buy every month, never stop. Bob Seawright, Madison Avenue Securities: Save. A lot. Start immediately. Noah Smith, Bloomberg: Your potential is an asset. Sam Ro, Yahoo! Finance: Sleep on it. Then decide. Tom Gardner, Motley Fool CEO: Perpetually seek your true passions. Bill Mann, CIO Motley Fool Asset Management: "No downside" means "run away." Bryan Hinmon, Motley Fool Asset Management: Time is your scarcest asset. Eddy Elfenbein, Crossing Wall Street: Don't carry credit card debt. Craig Shapiro, Collaborative Fund: It's not a race. It's a marathon. Phil Huber, Huber Financial Advisors: Focus on what you control. David Gardner, Motley Fool co-founder: Great! Now, break the rules. Matt Argersinger, Motley Fool analyst: Invest as soon as feasible Chris Hill, Motley Fool radio host: Never stop asking questions. Ever. Cullen Roche, Pragmatic Capitalism: Your best investment is yourself. Tren Griffin, 25iq: Best investment is in yourself. Michael Kitces, Kitces.com: Your Best Investment Is Yourself. Matt Koppenheffer, Motley Fool: Spend less than you make. Good luck. For more: Explaining investing in ways that make sense Why does pessimism sound so smart? Things I'm pretty sure about Hard truths for investors to wrap their heads around How the investing industry could change This article is part of Motley Fool Mindset, an exclusive behavioral-finance service in Motley Fool One. Click here for more.