Here's What You Should Invest in Once You Graduate from College
There is a very good reason why we love reading articles and watching videos on The Financial Diet. Not only do they teach us to spend wisely and save money, but they also teach us how to get started once we graduate from college.
Our latest fave? This video called 8 Things You Should Invest in When You Graduate College, wherein TFD founders Chelsea Fagan and Lauren Ver Hage enumerate the things that we should spend money, time, and energy on after we earn our degrees—along with a short explanation on why we need to so. You can watch the video below or you could also check out what we learned from them by swiping down.
- Professionally-designed and edited cover letter and resume.
Nothing turns off a potential employer than a cover letter and resume that's vague and plagued with grammatical errors. Instead of editing those generic resumes and cover letters you find online, set aside a small portion of your money to have yours checked by professionals. But if you're really short on cash, you can ask a Communications major friend you trust for some help. Just remember to give them a small token after you get a job to tell them you're grateful for their time and effort!
- Work wardrobe staples.
You know that what you usually wear to school won't do in the professional world, so you should start investing in well-fitting office clothes for your job interviews and job application processes. Don't know how to get started? Here's something to help you:
- A good cellphone data plan.
Nope, it's not just for updating your Facebook, Twitter, and Instagram. It's for updating your LinkedIn, too, and responding to e-mails and messages you get from potential employers. This also comes in handy when you're looking for directions on your way to job interviews or client meetings. As what Chelsea said, "Not having access to your e-mail for a few hours can, honestly, be the difference between getting the job and not getting the job."
- Your emergency fund.
You don't have to start as soon as you graduate, but we recommend that you start saving up for it once you start earning. As what these two amazing ladies recommended in the video, your emergency fund should cover three months of your total living expenses.
What are you saving up for after college graduation? Let's talk in the comments or via Twitter @candymagdotcom. We always love hearing from you. :)