8 answers
terrence
Student
Capitol Heights, Maryland
2
Questions
Asked
489 views
after i get finish with school whats the best thng to do financial?
like what are the best jobs
Login to comment
8 answers
Kov Puria
Consultant
8
Answers
Seattle, Washington
Updated
Kov’s Answer
After finishing school, there are several key financial steps you can take to set yourself up for a secure and successful future. Here are some recommendations:
Create a Budget:
Develop a budget to track your income and expenses. This will help you manage your money effectively and avoid unnecessary debt.
Build an Emergency Fund:
Start saving for an emergency fund that covers three to six months' worth of living expenses. This fund provides a financial safety net in case of unexpected events like medical emergencies or job loss.
Understand Student Loans:
If you have student loans, understand the terms and conditions. Create a plan for repayment, and consider options such as income-driven repayment plans or loan consolidation.
Establish Credit Responsibly:
Open a credit card and use it responsibly to build your credit history. Pay your bills on time, and avoid accumulating high levels of debt.
Save for Retirement:
Even if retirement seems distant, start contributing to a retirement savings account as early as possible. Consider employer-sponsored plans or individual retirement accounts (IRAs).
Invest Wisely:
Learn about investment options and consider investing for long-term growth. Diversify your investments to manage risk and potentially earn higher returns.
Explore Health Insurance:
Ensure that you have health insurance coverage. This can protect you from significant medical expenses and provide peace of mind.
Continue Education and Skill Development:
Invest in ongoing education and skill development to enhance your career prospects. This could include certifications, workshops, or additional degrees.
Set Financial Goals:
Define short-term and long-term financial goals. This could include saving for a down payment on a house, starting a business, or traveling. Having clear goals helps guide your financial decisions.
Live Below Your Means:
Avoid unnecessary expenses and lifestyle inflation. Live below your means to have room for savings and financial growth.
Network and Build Professional Relationships:
Networking is crucial for career growth. Attend industry events, connect with professionals in your field, and build relationships that can open up opportunities.
Consider Further Education or Specialization:
Assess whether further education or specialization in your field would enhance your career prospects and potentially lead to higher earning potential.
Remember, everyone's financial situation is unique, so tailor these steps to your individual circumstances and goals. Seeking advice from financial professionals or mentors can also provide valuable insights.
Create a Budget:
Develop a budget to track your income and expenses. This will help you manage your money effectively and avoid unnecessary debt.
Build an Emergency Fund:
Start saving for an emergency fund that covers three to six months' worth of living expenses. This fund provides a financial safety net in case of unexpected events like medical emergencies or job loss.
Understand Student Loans:
If you have student loans, understand the terms and conditions. Create a plan for repayment, and consider options such as income-driven repayment plans or loan consolidation.
Establish Credit Responsibly:
Open a credit card and use it responsibly to build your credit history. Pay your bills on time, and avoid accumulating high levels of debt.
Save for Retirement:
Even if retirement seems distant, start contributing to a retirement savings account as early as possible. Consider employer-sponsored plans or individual retirement accounts (IRAs).
Invest Wisely:
Learn about investment options and consider investing for long-term growth. Diversify your investments to manage risk and potentially earn higher returns.
Explore Health Insurance:
Ensure that you have health insurance coverage. This can protect you from significant medical expenses and provide peace of mind.
Continue Education and Skill Development:
Invest in ongoing education and skill development to enhance your career prospects. This could include certifications, workshops, or additional degrees.
Set Financial Goals:
Define short-term and long-term financial goals. This could include saving for a down payment on a house, starting a business, or traveling. Having clear goals helps guide your financial decisions.
Live Below Your Means:
Avoid unnecessary expenses and lifestyle inflation. Live below your means to have room for savings and financial growth.
Network and Build Professional Relationships:
Networking is crucial for career growth. Attend industry events, connect with professionals in your field, and build relationships that can open up opportunities.
Consider Further Education or Specialization:
Assess whether further education or specialization in your field would enhance your career prospects and potentially lead to higher earning potential.
Remember, everyone's financial situation is unique, so tailor these steps to your individual circumstances and goals. Seeking advice from financial professionals or mentors can also provide valuable insights.
Brandon Olson
Tax Manager
52
Answers
Charlotte, North Carolina
Updated
Brandon’s Answer
After you finish school, here are some smart steps to take for your future, especially when it comes to jobs and money:
Pick the Right Job:
Look for jobs in areas that lots of people need and will continue to need, like technology (like making apps or keeping computers safe), healthcare (like nursing), or green energy (like solar power).
Choose a job that's stable, where you can grow and maybe get promotions.
It's also important to do something you love. If you enjoy your job, you're more likely to do well.
Keep Learning:
Depending on the job you want, you might need more school or special training. This could be college, a trade school, or online classes to learn specific skills.
Always keep learning new things, because jobs and technology are always changing.
Handle Your Money Smartly:
Learn to budget – that means keeping track of what you earn and what you spend.
Save money and build an emergency fund that can cover your expenses for a few months.
Think about investing a little bit of money. Over time, it can grow a lot.
If you have any debts (like student loans), make a plan to pay them back smartly.
Grow in Your Job:
Look for chances to move up in your job, learn more, and earn more.
Make Connections:
Meet people in your job area and find mentors who can give you advice and help you find opportunities.
Balance Work and Fun:
Remember, having fun and relaxing is just as important as working.
Stay Up-to-Date:
Keep an eye on what's new in your job area and be ready to learn new things.
Think About Side Jobs:
If you can, think about doing small side jobs to earn extra money, especially if they're things you enjoy.
Plan for Big Goals:
Think about big things you want in the future, like buying a house or maybe starting your own business, and start planning early.
Remember, the best job for you is one that matches your skills and what you like to do. And it's always good to be ready to try new things and grab new chances.
Pick the Right Job:
Look for jobs in areas that lots of people need and will continue to need, like technology (like making apps or keeping computers safe), healthcare (like nursing), or green energy (like solar power).
Choose a job that's stable, where you can grow and maybe get promotions.
It's also important to do something you love. If you enjoy your job, you're more likely to do well.
Keep Learning:
Depending on the job you want, you might need more school or special training. This could be college, a trade school, or online classes to learn specific skills.
Always keep learning new things, because jobs and technology are always changing.
Handle Your Money Smartly:
Learn to budget – that means keeping track of what you earn and what you spend.
Save money and build an emergency fund that can cover your expenses for a few months.
Think about investing a little bit of money. Over time, it can grow a lot.
If you have any debts (like student loans), make a plan to pay them back smartly.
Grow in Your Job:
Look for chances to move up in your job, learn more, and earn more.
Make Connections:
Meet people in your job area and find mentors who can give you advice and help you find opportunities.
Balance Work and Fun:
Remember, having fun and relaxing is just as important as working.
Stay Up-to-Date:
Keep an eye on what's new in your job area and be ready to learn new things.
Think About Side Jobs:
If you can, think about doing small side jobs to earn extra money, especially if they're things you enjoy.
Plan for Big Goals:
Think about big things you want in the future, like buying a house or maybe starting your own business, and start planning early.
Remember, the best job for you is one that matches your skills and what you like to do. And it's always good to be ready to try new things and grab new chances.
Shelly Osborne
Manager
4
Answers
Roy, Utah
Updated
Shelly’s Answer
Dionte offered a valuable response, but you should take all these factors into account as you gear up for further education or advanced learning. The secret lies in having a strategy. Remember, your strategy may need to adapt over time, but the top tip is to remain flexible while maintaining the essence of your initial plan. A golden piece of advice is to initiate a retirement plan. It might seem far off, but it's wiser to begin earlier rather than later. Wishing you all the best!
Ashley Fletcher
Project Manager
5
Answers
Charlotte, North Carolina
Updated
Ashley’s Answer
First, try to apply for any scholarships that you can to reduce the amount of student loans that you have once you complete school. Always try to get internships to get your foot in the door and better yet if they pay. Sometimes you will have to work your way up and even work a second job like I did, waiting tables. Don't expect to start at the top. Get your foot in the door of a good reliable company that you know is solid and can withstand any economy. Then show off that work ethic and you will move up quickly. Consider jobs and industries that you know aren't going away. Like Healthcare, Telecommunications, Amazon/ Walmart, Technology etc.
Don't apply for a lot of credit cards and run your credit up and put yourself in more debt. Have one, put things on it to build credit but pay it off immediately so it doesn't accumulate.
Be aggressive and memorable in interviews, show that you are willing to do the work!
Don't apply for a lot of credit cards and run your credit up and put yourself in more debt. Have one, put things on it to build credit but pay it off immediately so it doesn't accumulate.
Be aggressive and memorable in interviews, show that you are willing to do the work!
Dionte Lowe
7
Answers
Pittsburg, California
Updated
Dionte’s Answer
After completing your education, the best financial choices can depend on various factors, including your field of study, skills, and personal preferences. Here are some general tips:
1. **Secure a Job in Your Field:** Look for opportunities related to your field of study. Securing a job in your chosen field can provide valuable experience and potentially higher earning potential.
2. **Build a Strong Resume and Network:** Focus on building a strong resume that highlights your education, skills, and any relevant experience. Networking is also crucial; attend industry events, join professional organizations, and connect with professionals in your field.
3. **Consider Job Stability and Growth:** Evaluate job stability and growth potential in your chosen field. Some professions may offer more stability or faster career advancement than others.
4. **Plan for the Future:** Start planning for your financial future early. Consider saving for emergencies, retirement, and other financial goals. Understanding budgeting and financial planning can be beneficial.
5. **Continuous Learning and Skill Development:** Stay updated on industry trends and consider continuous learning. Acquiring new skills can make you more competitive in the job market.
6. **Explore Entrepreneurship:** If you have a passion for starting your own business, entrepreneurship could be an option. However, it comes with risks, so thorough planning and research are essential.
7. **Invest Wisely:** Learn about investing and consider building a diversified investment portfolio for long-term financial growth. Consult with a financial advisor to make informed investment decisions.
8. **Consider Additional Certifications:** Depending on your field, obtaining additional certifications can enhance your qualifications and open up new opportunities.
Remember that the "best" job financially may vary from person to person based on individual goals, values, and circumstances. It's essential to align your career choices with your personal and financial objectives.
1. **Secure a Job in Your Field:** Look for opportunities related to your field of study. Securing a job in your chosen field can provide valuable experience and potentially higher earning potential.
2. **Build a Strong Resume and Network:** Focus on building a strong resume that highlights your education, skills, and any relevant experience. Networking is also crucial; attend industry events, join professional organizations, and connect with professionals in your field.
3. **Consider Job Stability and Growth:** Evaluate job stability and growth potential in your chosen field. Some professions may offer more stability or faster career advancement than others.
4. **Plan for the Future:** Start planning for your financial future early. Consider saving for emergencies, retirement, and other financial goals. Understanding budgeting and financial planning can be beneficial.
5. **Continuous Learning and Skill Development:** Stay updated on industry trends and consider continuous learning. Acquiring new skills can make you more competitive in the job market.
6. **Explore Entrepreneurship:** If you have a passion for starting your own business, entrepreneurship could be an option. However, it comes with risks, so thorough planning and research are essential.
7. **Invest Wisely:** Learn about investing and consider building a diversified investment portfolio for long-term financial growth. Consult with a financial advisor to make informed investment decisions.
8. **Consider Additional Certifications:** Depending on your field, obtaining additional certifications can enhance your qualifications and open up new opportunities.
Remember that the "best" job financially may vary from person to person based on individual goals, values, and circumstances. It's essential to align your career choices with your personal and financial objectives.
T T
16
Answers
Los Angeles, California
Updated
T’s Answer
The best finance jobs often depend on individual preferences, skills, and career goals. Investment banking positions, such as investment banker or financial analyst, are highly coveted for their challenging yet lucrative nature, involving mergers and acquisitions, financial modeling, and strategic advisory. Corporate finance roles, like Chief Financial Officer (CFO) or financial manager, offer opportunities for professionals to shape a company's financial strategy and manage its financial health. Careers in asset management, including portfolio manager or financial advisor, provide avenues for individuals to guide clients in wealth management and investment decisions. Additionally, roles in private equity, hedge funds, or financial consulting offer diverse opportunities within the finance sector, catering to those with a penchant for analytics, risk management, and strategic financial planning. Ultimately, the best finance job varies based on individual interests, skills, and the specific financial niche one wishes to pursue.
Houcine Lakhchach
Career Development Specialist | U.S Department exchange Alumnus | EFL/ESL trainer | Program manager
139
Answers
Kenitra, Gharb-Chrarda-Beni Hssen, Morocco
Updated
Houcine’s Answer
Hi,
Here are some tips that might help,
After completing your education, making wise financial decisions involves assessing your skills, interests, and goals. Explore careers in growing industries, consider further education or certifications, and build a strong professional network through networking and internships. Entrepreneurship is an option if you have a passion or a unique business idea. Invest in marketable skills, seek financial advice, and stay informed about job market trends. Prioritize work-life balance, job satisfaction, and opportunities for growth. Tailor your path based on your individual circumstances and aspirations. Regular reassessment and adaptability are key to long-term success.
Here are some tips that might help,
After completing your education, making wise financial decisions involves assessing your skills, interests, and goals. Explore careers in growing industries, consider further education or certifications, and build a strong professional network through networking and internships. Entrepreneurship is an option if you have a passion or a unique business idea. Invest in marketable skills, seek financial advice, and stay informed about job market trends. Prioritize work-life balance, job satisfaction, and opportunities for growth. Tailor your path based on your individual circumstances and aspirations. Regular reassessment and adaptability are key to long-term success.
Brian Gardner
Supervisor
1
Answer
Cumming, Georgia
Updated
Brian’s Answer
Keep your bills very low, no debt. Invest in assets that make money. The money you make from your assets, you use to buy more assets. Research and read books on how to invest.