People & Lifestyle
Being Financially Prepared as a Graduate
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- Buying a car: One of the things you may want to do as soon as you can is buy a car so that you can get around with ease. This is something that will not only help in your personal life, such as when you want to visit friends or family members, but also when it comes to work. When you have a vehicle you can head further afield so you can apply for work accordingly. In addition, you may even be able to get work involving driving, which broadens your horizons when it comes to finding a way to earn money to help you reach your other goals.
- Getting your own place: If you are still living with your parents once you leave university, one of the things you will probably want to look at is getting your own place. This is not something that you should rush into because rental costs and mortgage payments can take up a lot of your money so you need to ensure you have the means to fund your own accommodation before you take the plunge. However, looking into the costs involved can help you to set a realistic goal and then work toward it.
- Taking time out to travel: Another thing you may want to do is take some time out to travel after leaving university and before starting full time work. Again, you need to work out your finances to see whether this is something that is viable for you. One way around it is to look into getting work while you travel, which means that you get to see some of the world, enjoy new experiences, and gain valuable work experience.