Last week, we discussed the steps new college graduates can take during their “boomerang move” home for the most financial benefits, not only for themselves but also for their parents. Parents: That’s right – having your adult child back in your home can be a financial gain, unlikely as it sounds. At first glance, it seems like even after a college education that comes with … Continue reading The Post-graduation Boomerang, part 2: Tips for Welcoming Your Graduates Back Home
Over the recent years, we often hear about “the boomerang generation,” or the increasing number of young adults who briefly move out only to “boomerang” back to living with their parents. A 2011 survey by the Pew Research Center shows this is a social trend on the steady incline, with more than half (53%) of the 18-to-24-year-old population, mainly recent college graduates, currently living at … Continue reading The Post-graduation Boomerang: Tips for Moving Back In with Mom and Dad
A terrific employee benefit plan is designed to help employees earn and protect income and build financial security. That said, disability insurance is an important consideration and often a part of the offering. Disability insurance helps to protect your income in case you are unable to work for an extended period due to illness or injury. Typically, disability insurance replaces a percentage of your lost … Continue reading Advice for recent grads – part three
To continue with our series, there are more benefits to look into at your first job, other than your health insurance policy (which we discussed last week). Although your working days are just beginning, it is never too early to think about your retirement. Ask about your company’s retirement plan immediately. The most common account is called a 401(k) plan. The majority of working Americans … Continue reading Advice for College Graduates – Part Two
College has come to an end, but your career is just beginning! When you have landed your first post-college, full-time job, you will most likely have access to an employee benefits plan. This benefits plan can represent a tremendous value to you, yet many recent graduates do not take full advantage of some of these benefits. Maximizing these benefits can be critical in managing your … Continue reading Advice for Recent Graduates – Part One
If you’re a high school senior with graduation just around the corner, make sure you researched your college to know what you’re getting into. CBS Money Watch released an article last year with 25 state universities with the worst graduation rates. The noteworthy concern is that students start in school-take on student loans-and then do not earn a degree which would help their earning potential. … Continue reading 25 Universities with Terrible Graduation Rates
May and June are the months to celebrate graduations – to some, the beginning of adulthood. Whether you are graduating from high school or college, there are certain money tips recent grads should follow to get started on the right food – and avoid debt and other financial problems. Here are our top five picks: Be smart with credit cards – Always try to pay … Continue reading Financial Advice for Recent Graduates
Receiving a graduation invitation in the mail should be an exciting time, not a time to stress about gifts and money. Just because you receive an invitation does not mean you are receiving an invite to spend a lot of money! Here are some great gift ideas for the frugal buyer that any recent grad would enjoy – and will also not burn a hole in your pocketbook!
- Make something! Often times gifts that are made, not bought can be more sentimental and touching than anything money can buy. Consider making a photo album or scrapbook of the recent grads memories over the past few years of high school or college!
- Create a gift basket. Sometimes buying multiple inexpensive items actually looks like more than one large gift. Make a gift basket for the grad including essentials for their plans post graduation (if a high school grad has college in the new future, stock them up with inexpensive dorm accessories, notebooks, pencils and study treats!) Continue reading “Inexpensive Gift Ideas for Your Graduate”