Tuesday, June 09, 2009
For any recent graduates, an article in the Chicago Tribune gives you ideas for planning your future. In fact - even in this economy - if you invest $50 a month, it can grow exponentially over time.
One of the countless benefits of youth is the almost unimaginable horizon to let savings compound. Today's 21 year olds can expect to live past 2065. Invest $50 a month between now and then, and you would amass $283,000, if you make 6 percent annually.
But obviously - you need a job now before you can start putting money aside for later. Just make sure you understand what the day-to-day of the job actually entails:
Try different careers
Our schools are pretty good at teaching the skills and theory of the workplace but not so great at letting students experience the office, store or factory before they are thrust into it. Designing computer games may seem more appealing when you're playing Spore than when you're crunching code and eating cold pizza at 3 a.m. to try to make the ship date.
Also, don't forget to tailor your resume specifically to the job your looking for and be specific. For example, if a qualification for the job is "teamwork", don't simply write that you are "great working with other people." Instead, DEMONSTRATE your teamworking skills by giving in-depth examples of past experiences, as well as the results of those projects.
Read more about the rules for young people to live by here.
Posted by Brad Karsh on June 09, 2009 at 03:11 PM
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