As we continue our journey into the world of adulting we may find ourselves at a crossroad when we are financially cut off, thrown into never ending bills and financial responsibility. Now I’m not one to talk about being an expert on spending, as I am currently on American Eagle Outfitters debating on buying a pair of boots … But over the past week I have spoken to several people from successful spenders to people who have made financial mistakes and are still paying for it. This experience allowed me to become more self aware of my spending habits, and hopefully will help guide you too. Here are a few of the main tips I took on how to spend money and keep most of it in our pockets.
1: MAKE A SAVINGS ACCOUNT!!
My father told me years ago when I got my first job at sixteen to save 20% of my pay checks and put it into a savings account, he more or less forced me to do this. Thank god he did though. Putting away a percentage of everyone of your pay checks into a saving account is immensely important, it’s also more important that you don’t touch the savings account. This allows you to save up for the future.
2: Plan out necessity spending
Each month we all get a lovely gift in the mail of our bills from electric to credit card to rent. So per say each month all expenses are around 200$ make sure you don’t spend that money always have that amount engraved in the back of your mind.
3: Make a grocery list
One of my greatest faults is I always go to the grocery store and end up buying things I already had at home. If you make a list of specific meals you will be making it will be less likely you go off in the candy or ice cream isles and come out with 2000 calories.
4: Budget your spending
Very adult sounding but it is crucial to make sure you make more money than you spend. For a week straight I document every one of my purchases and broke that up into the categories of Need and Wants; than subtracted that from my recent pay check. Lets just say my $4.69 non fat iced mocha lattes from Starbucks started to add up.
Put money into stocks, honestly never understood this until I actually put the time into reading about stocks. (its nothing like Wolf of Wall Street). Here is the site that was recommended to me and I would recommend to take a few minutes out of your day to read. http://www.investopedia.com/university/stocks/stocks1.asp
6: TREAT YO SELF
Definitely not on a weekly basis but if you have worked hard and put money away for weeks TREAT YO SELF to online shopping, a night out in the city or those tickets to the Red Sox’s game. Because we all deserve a treat yo self day, just make sure it doesn’t turn into a week, month or year or treating yourself.
It’s one of the scariest things that once we leave college we spread out and lead our own lives into adulthood, some get jobs, some have kids, some get married, and some just end up never leaving college. I have been able to break it up into 5 categories of where most of us end up post college.
The ones who settled down
We all know that perfect couple that everyone loves to be around at parties or even just hanging out with. The couple that made everyone laugh and made any other honeymoon couple(couples that are all over each other) bearable.We all know they will get married after college it’s just a matter of when. Even though they makes us feel more single than ever you know they are truly happy.
The ones who never stop partying
We all know that guy or girl who is the life of every party loves going out and can always out drink anyone they challenge. For these people the party never stops, they are the people that will stay in the college area and party like they are still there. They are living off of the youth, a never ending party.
The successful Loners
These are the people who where not much a fan of the party life, and focused more on homework, classes and future plans. These people are very independent and will most likely be very successful in what ever they do but will let their work get in the way of their social life.
These are the people that never really had a plan or you could say “lived for the moment” but once it hit the moment of graduation and getting a job they ran all the way home. Some need more time to figure out where their life is taking them than others, in a way it can be good until you’re the 30 year old living out of your parents basement.
The success story
These people are the ones who lived a very balanced life, they lived for the moments but knew when they needed to put focus on their life. These people will always end up being the success story because they have figured out what many haven’t, balance, knowing who they are and where they want to go.
My conclusion is not everyone fits directly in just one of these categories in reality none of us have it together, even though we like to act like we do. We are all still trying to figure out what we what to be in life on top of still wanting to be young and stupid. Whats next is totally up to you.
We got to college dropped the 20 questions game and picked up the Netflix account. We created our own culture of watching the cliche / corny scary movie on Netflix and “chilling” with a significant other. Post college though we are going to be thrown into this new world of DATING! face to face talking with strangers, the friend of your friend or the guy/ girl you met at the coffee shop the day before. This calls for dropping the chill and picking up the bill! The Rules of Dating like an Adult.
1: Being financially stable
We just got out of college finally are out of our minimum wage high school jobs and are either interning or just starting up at a full time job this is the time to start saving up. No girl or guy will wants to go out to McDonalds for a first date, save up enough to enjoy a coffee or drinks date. It’s all good though because we are all in the same situation of being poor.
2: Know how to dress
Sadly the sweatpants and a sweatshirt we wore to our Monday 8ams are not in style. Not implying dressing like you are going back to prom, wear something that fits to your style and personality, if you are a t shirt and jeans sort of girl or a dress with boots sort of girl dress to your strengths, and don’t over think it! Even though you will still try on thousands of different combinations and not like any just make a decision and own it.
3: Don’t Over Eat
Do not stress eat on the first date or stress drink! Stay calm and enjoy your food/ drink and enjoy the conversation, we all get nervous just know how to show it!
4: Don’t act desperate
You don’t need a relationship, dating is meant for people to see what works for them and what doesn’t work for them it’s like taste testing ice cream. Don’t expect a relationship to come out of a first date just see how it goes and take it slow.
5: Be outgoing
If you are interested in the guy/girl at your local coffee shop down the street or co- worker don’t be afraid to just ask for their number, because why not!? whats the worst that could happen we are all in the same situation of dating. You will never know your type if you never look.
6: We will get the Hang of it
Dating isn’t easy but sooner or later we will become less awkward, learn how to dress,and become pros at it. Dating is a fun carefree environment of trying on several different shirts and seeing which one fits best.
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The biggest step to showing you are becoming an adult the bittersweet interview email , “Hello Ashley we have looked over your application and would like to invite you to come in for an interview”. Pumped you’re one step closer to getting away from your minimum wage high school job. Scared out of your mind to actually have to sit down and have a face to face conversation about your future and below par skills you have acquired over the years. What do I wear? what do I say? and what do I not do? we are not alone though because at one point or another those interviewing you where the petrified college student sitting on the other side of the desk. Here is a list of the Dos and Don’ts of an interview from people who have been through it before us.
- Dress to impress, don’t over dress but more importantly don’t underdress no fortune 500 company wants to hirer someone with ripped jeans messy hair and a stained shirt. Black pants with a white or neutral colored shirt with a nice accessory
- BE ON TIME! can’t stress that enough
- Research the company
- Don’t act rehearsed be comfortable and speak clearly
- When asked do you have any questions for me.. ASK A QUESTION!! the interviewer wants to see if you show interest in the company and what better way to do that than asking questions about the company
- Send a email Thanking the interviewer within 24 hours
- Show up prepared and confident that you deserve this job you will get this job!
- Act desperate for the job
- When asked what you expect to get paid don’t give an amount!! try to defer from the question, “I’m looking for the best offer based on my experience and education.”
- chew gum
- Smell of too much perfume/ cologne
- have your cell phone on or ring during the interview
- Bring friends or family
- Speak badly about previous company you worked for
You will mess up some interviews coming from experience, and others experiences we are all just learning how to join the elite group of adulthood.
Finally finishing the season of family holiday parties and the awkward encounters with cousins you see every once in a blue moon, and the dreadful 1000 question game you get from the relatives, Hows college? have you gotten an internship for the summer yet? How are your grades?How’s the (non existent) dating life? But one question I was not at all ready to answer was when my 8 year old cousin came up to me and asked if I was an adult…. I was looking around the room puzzled by this question legally yes I am an adult, I guess I’m getting kinda sorta older, but am I an adult? I started searching the room for another adult that could do better adulting than me to help out.
We are all stuck at this awkward age of 18-23 where we are no longer teenagers but are we adults yet? Once we leave this time warp of college partying and lifestyle what do real adults do, how did real adults get to where they are now? Throughout my blog I will be answering these questions of what real grown ups do and how to do them from adults who are doing it better than us , like the correct way to talk at an interview, how to dress for specific business occasions? how to do adulting right, because we all know we need some help.