Renter's insurance how to efficiently cook for one. I had so much food waste from cooking large meals (I lived with 4 girls in college) and then I over compensated by eating out for every meal. It took me about 2 years to really figure it out!
Put money in your 401K immediately, especially if your company matches.
Travel as much as you possibly can.
Spend as much time with your friends as you possibly can because pretty soon everyone's lives will get really busy and it becomes much harder for everyone to get together.
Save as much money as you can (set up a bank account that a certain % of your salary goes into and you never touch except for emergencies).
Don't be scared to take risks in your career - they will always be scary, but they're a hell of a lot scarier when you have a family to support.
To budget by paycheck, not monthly.
Start building a savings account. You never know when you're going to need it (or when you're going to lose your job). Save for 3 months of expenses was the advice I got. Came in handy once, so this was good advice. It's hard to put money away.
Set up a direct deposit that goes straight into a savings and put in like $10 a paycheck (or even $5) - I did this and would edit the money based on current finances. I saved so much and you really don't miss it!
Be able to leave a job with no place to go and have time to find another without worrying about living expenses.
Save as much money as you can, the alcohol is not worth it! Being hungover at work is not always worth the "good times" the night before.
If you want to take a risk, do it. If you want to travel, do it.
DO NOT STAY IN A RELATIONSHIP YOU KNOW YOU SHOULDN'T BE IN!!!
Meal prepping! I have only adopted this seriously in the last year - but I have noticed I'm saving money, actually seeing physical progress I haven't seen before, and overall feeling accomplished weekly.
Don't overspend on credit. It will haunt you down on the road. But, definitely start building up credit in a good way.
Invest in quality, staple clothing, especially for work. I’ve thrown out so many shirts/pants that were cheap and wore out quickly - such a waste.
Now would be the time to take risks and make mistakes. I wish I had taken more risks because the outcomes, whether good or bad, taught me so much. Also, it's ok to break up any type of relationship that's toxic to you. There are friends that I kept around a lot longer than I should have, and my other friendships are so much stronger now.
Follow your gut. It's almost always right. If something feels wrong or off or if it feels really right, pay attention. Your intuition gets stronger!
To not be too much of a pushover.
Set up autopay for your bills NOW! Not worth the headache, worry on a monthly basis, or potential hit on your credit score if you forget something.
Spend only what you have to pay in credit cards - and pay in full every month. 13+% compounds quickly.
Max out your 401k and start putting money into it ASAP!
This is a little vague but, to always ask for exactly what you want. And also confirm things. I'm pretty chill, always have been. But there are things you need to be firm with, like work, salary negotiations, healthcare, car things, rent, etc. And it was awkward at first because I felt like I was inconveniencing people, but I wanted to be happy living my life!
People want to help. The trick is knowing who to ask and when.
Get over keeping up with the jones' and be comfortable admitting you can't afford something. I see so many college grads blow ALL their money on going out and a designer bag and a car lease they can't afford... then 5 years later are back with their parents.
Make a point to keep in touch with your college/pre-adulthood friends, even if they don't seem super into it. All too often, people just get caught up in their own stuff, but hearing from a good friend is ALWAYS worth the time. I try to send my college and high school besties cute little cards every so often. It shows them I still love them and think about them, even if they're busy with work/S.O.s/school/moving around AND it gives me an excuse to constantly be on top of my address book. I like having their addresses, knowing where they are, etc. My friends rarely respond right away, but when they get around to it they're grateful to know I still care for them.
I would have bought a condo with two bedrooms as an investment! One room for me, one room to rent out to help pay the mortgage. Then kept it as an investment property. So much money went to rent! I should have paid myself.
Be selfish! Go out of your comfort zone! Travel / live abroad if that's something that interests you. That is my biggest regret. Now that I'm married and looking to start a family soon, spontaneity and/or moving to another city isn't really an option anymore because I have someone else to consider as well.
IF you are fortunate to have a job straight out of college, start paying student loans immediately- that 6 month jump is worth it.
Yes to savings! If you can buy a house, do it....don't throw away rent for years and years!
Travel and travel a lot! Life starts to change as you get older....relationships/kids can make it difficult to do everything you want to do.
Friendships...they change. This was a tough one for me to accept.
Take care of yourself...find your own happiness and don't depend on jobs or relationships to make you happy always. You need to make your own happiness!
"Networking" isn't a scary or intimidating thing to do, it just means chatting with people, asking questions, being friendly, exchanging contact info and staying in touch...and it's really incredibly important and something you should try to do often!
Don't waste money eating lunch out. Seriously cook as many of your meals as possible. It will save you so much money and is so much healthier.
Everything is a negotiation. Always negotiate salary.
You won't have professors and authority figures standing around to give you feedback or grade what you do. Figure out how to assess your own progress/success/failure. That way you can tell when someone's assessment of you is wrong, and when to be grateful for helpful feedback.
Be proactive in asking for feedback! I do this with my superiors and it shows I value their insights and that I want to be the best I can be. No need to wait until scheduled yearly reviews or mid years. I touch base about once a quarter to get a pulse on where I'm at and where I can improve.
Pay off your student loans ASAP. Travel! Have fun, don't take yourself too seriously, be comfortable in your own skin.
Realize that you need to "put your time in" at your job - you won't be top of the ladder as soon as you graduate - you have to earn it. Also, if you're going down an path and don't like it, change it. You are never too old to change career paths!
Making and maintaining adult friendships is a lot harder than in college. It'll feel weird and sometimes lonely for a bit, but it'll be ok.
Negotiate your salary! Travel for sure!
Pay a little more for the apartment with a washer and dryer.
What to look for when renting an apartment. I knew some basics but didn't think to bring a phone charger so I could test each outlet, etc.
Pay off loans when you can. Save when you can. And there's no shame in asking for help when you're struggling to figure out your finances. There's a lot to it and it can be beneficial to get insight from professionals.
You have to invest in yourself and figure out what you need to be happy. Make time for you. 401K. Investment opportunities and saving for retirement.
Buy quality over quantity. Coats, shoes, clothes in general, home decor, etc. I wasted so much money trying to be fashionable...and have since ditched it all (cringing the whole time at all that money down the drain).
Travel more! Avoid credit cards. Save!
Watch credit card debt.
Travel. Don't be too worried about "tomorrow" because time goes by fast enjoy today.
You don't need a SO. It will happen. Enjoy learning who you are.
If you're looking to grow both personally and within your career, just going to work for ~8hrs a day is not enough. Take a few hours a week or on the weekends to learn something new, take a class, or read a book that teaches you something. For extra motivation, join or create a group of people with the same goal! save.
It's okay to be at a different point in your life than your friends, and it's okay to be at different maturity levels, and it's okay to cut people out of your life that are not good for you (mentally and physically) and most importantly .... it's okay to be upset about all of this.
Try to create balance in your life and recognize that things like your career, SO, social life, etc., are all pieces to a bigger picture. You can't put all of your energy into just one of these things.
Don't stay at a job that you are miserable at. Don't rush "growing up," enjoy the moment you're in and relish in the lack of responsibility because you'll look back at those days fondly and realize you had no idea how easy you had it then!
The biggest thing I have to remember as an "adult" is that it's not a race! And that "comparison is the thief of joy". Just do you and try not to benchmark yourself against your peers (even though its hard not to!).
Make and stick to a budget within your means. Avoid debt like the plague. Save no less than 10% of your income. Max out the contributions to your retirement account and never borrow from it to pay off debt. Buy a house ASAP. Invest in rental properties; either regular ones or vacation rentals.
Don't wait until <insert life conditions or status here> to do what you want to do — buy a house, travel with friends, everything you want to do, just do it. Don't waste time on video games or Facebook or other escape mechanisms.
You'd be amazed how much valuable stuff you can learn by reading books or taking classes that will dramatically improve your life, where those other things won't.
It will be hard, especially if you are a perfectionist like me. you may see others who seem to be transitioning well or getting a job right away, trust me they are just as confused as you may be. Don't compare yourself!
Negotiate your salary and benefits. When you do it at the correct time during the hiring process, the worst they can say is no, they won't just say okay we can't hire you. You're worth it!
Take time to reflect on what relationships grow you and what relationships drain you.
Start saving for your future now! Yes, do not live beyond your means and save a dollar from every 20 you earn.
I feel like I had this preconceived notion that once I graduated and starting working I would get a better sense of what I wanted to be doing with my life and career, and eventually I would have it all figured out. Here's the beautiful thing: no one ever has it all figured out in terms of career, love, or life. The secret is to find your people, activities, or daily joys that get you through the best days and the worst days.
Live frugally and save your money. As you get raises, bank the difference and continue to live as you did on your old salary. Don't spend your money before you have it. It's the easiest way to fall behind very quickly on your finances. Create a budget, know your expenses, and know how much money you're working with every month or bi-weekly. (Base it around your pay schedule).
Start an emergency fund. The earlier you start putting money away into retirement, the more you'll have later on. Take advantage of your employer's 401k match.
Get your oil changed regularly and check your tires. AutoZone will check the lights and fluids.
Spend time with your elders, parents and grands. Really listen to their stories. Ask about family history. Ask them whatever but take the time to be present. They will appreciate it now and you will appreciate it even more when they are gone.
Know how to say 'no' to plans and take time for yourself when you need it.
Paying extra towards debt when you can, interest rates will gouge you.
Don't be afraid to take risks and get outside your comfort zone. Life is too short and wonderful to live the same day twice!
Find things you enjoy doing alone/for yourself. It's weird not to always have people around and you have to learn to make yourself happy being alone.
If you have a gut feeling something is wrong, it probably is. Don't waste time persuading away red flags and bad feelings.
Finances in general, interning more/networking more. If you have student loans, pay extra in so you’re actually getting your principal amount down! Also, get credit a credit card and use it like it's cash, pay it off every week so you will not gain interest. If you get one with no annual fee, you are essentially getting cash back for everyday purchases. I have Chase Freedom and a Discover Card and get cash back all the time.
Different student loan repayment options, how to apply for an apartment, establishing credit.
Chase YOUR dreams, not things that other people think are best for you. Save money, live on 50% of your income, save 30%, and have adventures with 20%. Be nice to everyone and don't expect many to be nice to you.
Get in the habit of writing in a gratitude journal when things are good so you can still come up with 3 things to be thankful for even on bad days. Life after college was lonely for me since I moved out of state but ending each day thinking about 3 things I was thankful for allowed me to go bed every night with a happier heart and sleep much better.
Don't take yourself too seriously. There's plenty of time for that later.
Life is not short (for most people). In fact, it is really really long, so plan accordingly at take care of your body.
Don't get into credit card debt!!!!!! Save money! Even if you set up a small recurring transfer from checking to savings account.
Everyone doesn't have to like you and it's okay (I learned this in my late 30's).
Be kind to everyone!! We are all humans, just with different life stories. None better, none worse, just different.
Work your butt off! Be the best employee you can.
Walmart sells $3 wine that tastes pretty good.
Contracts are only as good as the integrity of the people who sign them or the depth of your pockets to enforce them (this goes for real estate, marriage, anything). Take pictures every time you move into or out of a place because you never know what you might have to prove. Try to notice when someone or something toxic starts sucking your energy and attention and redirect your best effort to the people and activities that are truly there for you and feed your soul. Open a Roth IRA and max it out every year you can.
Take risks in your career early and often and you'll accelerate your skills, credibility, and earnings (it'll just get scarier the farther along you go and the more financial responsibilities you assume so pedal to the metal now so you can ease up when it makes sense for you).
NO ONE has it all figured out. Be kind to yourself, make your health (mental, physical, etc.) a priority - you will be far more successful in the "real world" and at your job if you are happy at home, etc.
Save money wherever you can (quit with the expensive AM & PM drinks all the time), but spend money on things you truly want to do/buy.
You should wake up excited to go to work and when work is done, you should be excited to go home. If one of these isn't true, make a change.
Don't wait to go to the dentist.
Treat yo' self (within reason but often).
Best rule of life I've learned and use daily, I call "The mañana rule". If you're upset about a situation or someone, wait until tomorrow to actually do/say anything about it. Sure, I vent to people I trust. Sometimes I write that really nasty email I want to send (without someone in the "to" field) and then delete it. I even consider what my recommendations on fixing this would be. But I wait until the next day when I can clear my head to actually say something.
Start your retirement account on day one. If you have elderly parents, make sure their wills, trusts, estates etc are up to date/ power of attorney info is up to date when they are healthy. God forbid if you have to go in to crisis mode, it'll be way easier for everyone if those conversations and arrangements are made ahead of time.
I wish I'd spent less going out and buying trendy clothing rather than basics.
It can be lonely adjusting to after college life.
Don't marry the wrong person. It's MUCH better to be single forever than to be stuck with someone you don't love or who isn't worthy of your love. Make sure your spouse is responsible (no addictions, mental health in order, sense of personal responsibility for self), has a plan for life (other than sitting on the couch smoking weed or going to clubs with friends every weekend) that you're good with, is kind to everyone (from the waitress to their mom), is not a sociopath (empathetic, not self-absorbed), doesn't have an ugly temper (never ever violent) or passive aggressive, knows how to communicate like an adult, and is on the same page as you with most major things (such as whether you like to travel a lot, religious/faith issues, whether they're an OCD neat freak and you're a mess, etc.). Divorce is painful and expensive and very damaging for children, so get it right the first time.
Don't rush into life. Go travel. Don't rush into being an adult. Save money and do what you want to do. There is plenty of time for all that. Before you know it you are married with small kids and a mortgage and bills and holy hell... it's all worth it, but it's different. So do you first.
Take care of your skin.
Age is a number. Getting older is better than the alternative, unless you are a funeral director.
SAVE YO MONAY. Just because everyone else is showing up to the 8am meeting with Starbucks coffee doesn't mean you have to. Make your own coffee. Bring your lunch. Don't get your nails done all the time. Don't go out drinking all weekend just because you have a job that provides money to blow. Think about some goals you might have in the next 10 years (travelling, wedding, house, another degree) and start saving for one or two of those. $50 a month goes a long way when you start early! Oh and have fun have lots of fun. (you don't have to spend a lot of money to do this).
Embrace who you are and love it! You're the only one who has to get up every day and be you so ownnnn it, girl!! And, save your money. Alllll the monies in the bank - travel and risks and fun are so much better if you can pay for them in full!!!!
SAVE Don't be afraid to look stupid and ask questions...about everything!! You do not need the newest X Take more chances-in every arena Trust your instincts SAVE. Did I mention save??
SLEEP. As a society we are severely sleep deprived. Sleep deprivation is the equivalent to being drunk - driving, at work, etc. Get as much sleep EVERY NIGHT as you can. To piggy back, don’t drink on the weekdays. Your job and sanity will pay for it.
If you are financially struggling, there is no shame in asking for government help. If you need Medicaid for health insurance or food stamps, its fast and easy to qualify if you don’t have a job or make very little. If you are looking at living on your own, LIVE SMALL. You don’t need a condo with a view with rent that’s more than one paycheck. The economy is a nightmare compared to when I graduated….but I’m living even smaller now than I was then.
DON’T USE CREDIT CARDS, or just use one to build credit and pay if off every month.
Listen to your GUT. Always! It deserves more credit than we give it.
Don't get into Credit Card debt!!!!!!
Start saving for retirement as soon as possible. Never EVER take $$ out of it, or a loan against it.
Get an emergency savings account of a minimum of $1K.
Travel as much as possible, as often as possible.
Jesus lord - burn the damn credit cards and get your fomo under control.
I think what I wish I had known two years ago is that you need to just stay in your lane and work hard, and don't look at what other people are doing or getting or whatever because right out of college it's really overwhelming. Focus on yourself and take it slow, everything works out! And BRING YOUR LUNCH TO WORK that's like $70 a week!! You don't have that!!
Just because you have a credit card doesn't mean you should go on shopping sprees and accidentally max it out. I got my first one after college and I'm now trying to teach myself how to budget and all that fun stuff. But you do need to build your credit so it's good to have a credit card! Just pay it off every month.
If you have a 401k max it out and tax advantage of those pre tax dollars.