Written by Daniela Trumbo
During these times, most of us are getting ready to finish our degree and start our new and exciting careers. We’ve been working diligently these past couple years to attend career fairs, talk to recruiters, and even prepare for interviews. After this stressful time period, you have finally reached your ultimate goal – to get a job at your dream company. Now, the real question you should be asking yourself is, what happens now?
Here are a few tips and tricks to keep in mind as you start moving into the phase of adulthood.
Budgeting and Managing Finances
Now that you have moved out from your college housing, it is important to consider creating a budget. Creating a budget could be challenging at the beginning, but remember, you’re not a college student anymore – once you have a full-time job you will have a consistent income.
To create a budget, consider all the necessities that you will be faced with every month. After this, you need to consider social gatherings, trips, and luxuries and calculate how much you’ll be spending on your social life.
This link will take you to the top 10 best budgeting tools to help you create a spending plan.
Sign up for company benefits
It is important that the first day at your job when your HR department hands you a stack of forms to fill out that you don’t leave them until the last minute. Learn and understand the benefits that your company offers. These benefits likely from a variety of insurance options retirement plans (401K).
Most of the companies offer similar benefit plans such as life and disability insurance, medical insurance, etc. If you don’t understand a benefit that your company is offering, check your company’s website or talk with your benefits administrator to learn your benefits and when they become effective.
This link helps you understand every component of your job benefits package. Note: Company benefits could vary.
Keep up with the news
Every day, we are bombarded with a vast amount of information about what’s happening around the globe. Trying to keep yourself up to date can be overwhelming as you start adapting to your new job. However, it is key to stay current and on top of what’s going on in your industry and the world.
Many of you may think that you are already properly informed with a subscription to a newsletter or two. However, they are not the only resource you should be aware of. There are many resources out there that can help you stay current such as watching the news, reading the newspaper, and subscribing to websites that sent you a short snippet of current events (ex., TheSkimm). Don’t just focus on U.S. news, though. Be mindful of what’s happening around the world – as this can have a significant impact on your industry. Everything is connected somehow.
Sometimes you won’t have enough time to read the newspaper or read the Wall Street Journal/ The Economist. Don’t worry, here is a list of podcasts to help you keep up to date.
Using these tips can help you be better prepared to manage your financials in the best way, staying up to date, and to learn to utilize your company benefits. Adulthood is normal and we all face it. But, are you prepared?