I’ve written before about advice for a high school graduate and I’ve shared a bit about my own college experience, but I haven’t written specific to the college grad. So, check out these tips. Not a recent college grad? Share them with one you know.
Career: Clean Up The Online Presence, Yo!
If you have a MySpace or Facebook page, it’s probably best to give it a good spring cleaning. It’s more likely nowadays that any perspective employers will be doing their own web searches to get the goods on you.
A good rule of thumb is to make sure there is nothing on the page that you wouldn’t mind your Grandmother seeing. Best bet is to go private with the profile for a while. Change your profile so that only your friends can view it.
Spending: More Money Coming In Than Going Out
For many graduates this is the time to step up and learn the basics of budgeting. I’m not talked big spreadsheets and software, just a plain on pencil and paper version to get you started. Landed the job? Write up a quick budget so you can visualize how much money you will have coming in (income) versus how much you’ll have going out (expenses).
If the result is not a positive number, go back and cut a few expenses out…as long as it takes you to get comfortable with the ins and outs.
Saving: Mom and Dad Are No Longer The Emergency Fund
Get going with your company’s 401k from day one. Seriously, start this immediately and you’ll never miss it. Most companies will start throwing in a matching contribution at some point. That’s free money, dude. Also, seriously consider setting up automatic contributions for an Capital One 360 savings account (or similar online account).
Start with as little as $25. You won’t regret this and you’ll only want to increase this contribution over time. This money can then be used for possible emergencies situations in the future. It’s time to stop relying on Mom and Dad for the bail out.
Other than that, I would just add to take your time getting into the brand new car and extravagant apartment. Ease into your spending and you’ll stay ahead of the game.
Got any other advice? Share it in the comments below…