4 Must Dos for Making the Transition from College to Work

4 Must Dos for Making the Transition from College to WorkThe transition out of college and into working life can be a bumpy one. Theres mora competition for fewer jobs than ever. Here are 4 tips for how to maximize your chances of a smooth pathinto your career. googletag.cmd.push(function() googletag.display(div-gpt-ad-1467144145037-0) ) 1. Find an Internship Early OnA challenging internship in the field youd like to enter is one of the best ways to set yourself up for career success while youre still in school. This shows initiative, your ability to win competitive positions, and gives you a bunch of professional experience in your field before youve even graduated. Make sure to pick one that is as challenging, prestigious, and productive as possiblenotlage to mention one that is a good fit for you. Do a bit of research first, then make the absolute most of it. Do your best to dazzle your superiors and keep in touch. They could be great resources for recommendations in your first j ob applications.2. Pretend youre already in your careerWhile youre working your part-time jobs and internships in college, dont just treat them like side work while you finish your degree. Treat them like your firstor fifthadult job in your field. Treat your undergraduate present like your career future and youll be setting yourself up very well to step into that future when the time comes.3. Reach out and create a networkIt is crucial to be proactive and show the kind of initiative recruiters look for in an applicant. Go above and beyond every chance you get. Seek out mentors at your internships and jobs and express your interest to maximize your potentialand your resume. Set goals for yourself and keep yourself honest so you make sure to meet themand keep meeting them.4. Get promotedThere are always opportunities for advancement and promotion. Seek these out early and often. Set up job alerts. Try working for larger companies that have multiple avenues to jobs higher up the ladder . Dont get complacent in any one position. If you let everyone know youre hungry, eager to keep learning and advancing, and you can prove your mettle, eventually your bosses and coworkers will know to think of you first when opportunities arise.

Debt Diet How Oprahs Action Plan Can Get Your Finances On Track

Debt Diet How Oprahs Action Plan Can Get Your Finances On Track In 2006, Oprah Winfrey collaborated with top financial experts Jean Chatzky, Glinda Bridgforth, and David Bach to present Debt Diet, a series focused on getting out of debt, on her show. These financial experts offered eight steps to help people gain financial freedom.But what comes next? Financial health doesnt end once youre debt free. Read on for reasons why you should get out of debt now, a summary of the Debt Diet plan, and what to do next.Why you should get out of debtIf you dont have any money, you should not buy anything, Amy Poehler reads from a pamphlet entitled, Dont Buy Stuff You Cannot Afford, in a 2006 Saturday Night Live sketch.Lets say I dont have enough money to buy something, Steve Martin proposes. Should I buy it anyway?No, says Chris Parnell.Quite simply, when people in debt, they are spending money they dont have. If you have significant leistungspunkt card debt, youre probably using a leistungspunkt card with a high interest rate, meaning youre also paying additional fees.Youre borrowing against yourself because you cant afford to pay for what you need now, youre borrowing from your future income. Once you earn that money, youll use it to pay off your debt and additional fees youve incurred, which will at best leave you with nothing, and at worst put you in even more debt.Debt can impact many aspects of your life, not just your finances. Since your credit use ratio (essentially the amount you owe compared with your credit limit) accounts for 30 percent of your FICO score, debt may impact your ability to take out loans or buy a house, auto insurance, and other essential items. Some employers check your credit score and history as well, so it could impact your professional life, too.The strain of being in severe debt can take a toll on your mental and physical health, as well as relationships. You may receive phone calls from debt collectors, third-party agencies businesses use to collect money owed to them, which can cause stress.Oprahs Debt DietThe first step (or set of steps) to securing your financial health is getting out of debt. Here are the eight steps that comprise Oprahs Debt Diet planPhase 1 Short-term goalsStep 1 How much debt do you have?You may not be aware of how much debt youve accrued. Track down all your bills and find out the interest rates on every credit card you carry to find out how much you really owe.Next, find out your credit score. You can get one free credit report per year free each of three credit bureaus Equifax, Experian, and Transunion. Set up an account at annualcreditreport.com to receive them. Many credit card companies allow you to track your credit score for free, so make koranvers you check with your lender.Finally, prioritize your essential items. According to the plan, helfende handing yourself and your family comes first, government loans (including student loans) comes second, and everything else should be third.S tep 2 Track your spending and find extra money to pay down debt (find your latte factor).Coined by David Bach, this concept says that you should put $10 per day toward resolving your debt instead of spending it on things you dont need, such as fancy coffee.Step 3 Learn to play the credit card game.Start by paying more than the minimum payment due on your credit card statements. That way, youll end with lower debt than you would if you just paid the minimum. Then contact credit card companies to try to get them to lower your interest rates. Name competitors with lower rates to use as leverage.Learn the four tricks credit card companies use interest rates, late fees, teaser offers (ads that use manipulative language and require you to read the fine print), and annual fees.Finally, figure out which credit cards to pay off first based on your debt and interest rates.Step 4 Stop spending.This sounds deceptively simple, and it returns us to the Dont Buy Stuff You Cant Afford sketch. Limit ing the temptation by using tricks such as carrying debit cards and cash instead of credit cards, turning down credit-line increases, and avoiding new credit card offers can go a long way in reducing your spending.Phase 2 Longer-term goalsStep 5 Create a monthly spending plan.Account for essential items, such as rent and groceries, and plan for special events. Do this monthly, 15 days before the new month abflugs. Then determine which bills youll pay with which paycheck.Step 6 Take big steps to grow your income. This will involve making tough choices. If the first five steps havent impacted your debt in a big way, you might need to take more drastic steps, such as moving or giving up your car. You might also need to sell off assets, getting valuable items appraised before you sell them. Additionally, you should try to grow your income by taking on additional part-time jobs to support you while you try to get out of debt or asking for a raise at work.Step 7 Prioritize your debts and raise your credit score.Learn the difference between secured debtdebt back by assets that can be repossessedand unsecured debtdebts with no assets backing them. Satisfy your debts in this order All secured debts Debts that can be taken from your paycheck. Service you need to keep using for your wellbeing. Unsecured debts, such as credit cards. Debts to family and friends.Work on improving your credit score as well. Paying off your bills on time is a abflug. Check out this worksheet for more tips.Step 8 Understand your spending issues and save.Learning why spending is a problem for you can help you prevent it from happening again. Take Oprahs self-assessment, consult a therapist, discuss the problem with friends and family members, or do some deep soul-searching to figure out whats driving you to spend money you dont have.Then start working on your financial future.A.D. (After Debt) Make a plan.You got into debt for a reason, and you dont want to end up there again. Use the reasons you came up with in the final step of Debt Diet as a basis for developing a plan and to-do list for managing your money. Your plan might involve goals (something for which youre saving, avoiding spending on non-essential items for a given period of time, etc.), thoughts on how much youll pay beyond minimum payments for credit cards, managing other payments, how youll track your spending, and steps you know you need to take to prevent you from ending up in the same place. You should also plan for how youll avoid known temptations and deal with experiences that pose a risk to your spending. Budget.Your spending plan doesnt end once you get out of debt. Continue to budget your expenses on a monthly basis, accounting for all necessities and events that may require you splurge. Decide how much you can afford to spend on each of these splurges, and make sure you factor in savings. Set up a savings account.On that note, make sure youre setting aside a portion of your paycheck for savings. Many financial advisors recommend that you allocate 20 percent for your savings account.If you dont have a savings account yet, set one up so youll start earning interest. Make sure to compare interest rates to maximize the amount of interest youre earning. Invest.There are many different ways to invest your money. If you do it carefully, youll be able to grow your wealth without getting in over your head. Its best to start by getting some advice from a financial advisor or a friend or family member you can trust with financial matters.Setting up a 401k is one low-risk form of investing. Many employers have matching 401k programs, meaning they will contribute the same amount of money to your retirement savings plan as you do, up to a certain percentage. You may have a choice as to how your 401k is invested. Keep in mind that in most cases, you wont be able to withdraw funds from your 401k until youre 59-1/2 without incurring a penalty. Youll also generally have to work for your empl oyer for a certain length of time (called vesting) before you can access your employers contributions.You may also consider investing in the stock market, but again, be very careful with your investments and get advice for your personal situation before making this decision.Once youre debt free, you should also consider your future. How does spending factor into your goals and plans? Also, think about how youll do the activities you couldnt do while you were in debtwithout getting in over your head. Your plans should also account for how youll save money to help you realize your goals. Now you can, so live a little

Finding the Best Writing Formal Email to Send Resume

Finding the Best Writing Formal Email to Send Resume What to Expect From Writing Formal Email to Send Resume? Writing an official email isnt difficult once you know what things to do. For newbies who dont know the very first thing about email writing, here are a couple of strategies for you. For many of us, email is the most usual kind of geschftliches miteinander communication so that its important to get it right. Writing a perfect resume email is only a fraction of all of the situations you must keep in mind before you click send. Remember that youve to be respectful and courteous to the one youre sending that letter to. An official letter via email still ought to stick to the conventional formal letter rules and you need to aim to use formal letter vocabulary. Even in the event that you craft the ideal email to send a resume, its still true that you require a killer titel letter. Attach all the needed documents before you commence writing a cover letter email. The F ight Against Writing Formal Email to Send Resume Along with writing great emails, additionally, it is important to keep in addition to your email inbox. Check below to landbinnensee how you are able to take advantage of emails. If youre utilized to writing casual emails to family and friends, you might not understand how to compose a formal email properly. Everybody in the schreibstube is usually bombarded with emails each and every day. A History of Writing Formal Email to Send Resume Refuted How to compose a formal email will nonetheless ask that you avoid being informal, despite using an on-line medium of communication. Formal emails are sent in a complete assortment of situations. An official email is likewise the correct choice for some business conditions. Key Pieces of Writing Formal Email to Send Resume Be careful regarding the time you opt to send your resume email. There are steps that you may take to make your resume email stick out from the rest. An official e mail is very different from an informal one. The email you send is the very first thing they see so that it is very important to receive it right. The Hidden Gem of Writing Formal Email to Send Resume Based on the position you could need to compose a cover letter to supply additional details on your experience, expertise, why youre applying for the job, and why you are a great fit for the position. Position yourself now so that youll be in the correct place later. Sending work application is critical for landing a work interview. Sending an email is totally free, it doesnt take a stamp, see the post office or a visit to the organization youre applying for. As you dont find out how to email a resume the most suitable way. An additional tip, always remember to produce your whole job application relevant and specific to the job that youre attempting to land. If youre writing to someone for the very first time or someone whos not an immediate colleague or senior, use your enti re name. Youre likely to understand how to compose a cover letter email immediately.