Essential Advice for an 18-Year-Old Recent Graduate
As an 18-year-old who has just graduated, you may be standing at a crossroads, unsure of the path to take. You might already be embarking on a journey that challenges and enriches your life. Here are some invaluable pieces of advice that I have gleaned from my own experiences, particularly my journey with a nonprofit organization since turning 18.
Start Early with financial planning
Put aside money early: As soon as you start working, regardless of the amount, set aside a portion of your income for the future. Do not delay retirement planning, even if you think you have ample time. It's a common misconception to believe that you have years before needing to start saving. Remember, it sneaks up on you quickly, and by starting early, you accumulate more over time through compound interest.
Avoid debt: I strongly advise avoiding unnecessary debt. Debt, in essence, is a form of slavery. Be especially cautious about borrowing money for college. While pursuing a degree might be worth it, only if it provides you with marketable skills that lead to job opportunities. For instance, a degree in gender studies or social justice, while valuable, might not guarantee a high-paying job. Hence, ensure the degree you choose is something that can secure you a stable career.
Exploring Ventures and Growth
Consider starting your business or making an impact: Instead of working for someone else, why not start your own venture or contribute to causes you care about? There is immense value in starting your own business or volunteering within your community. Additionally, get involved in politics and champion important issues. Knowledge is power, and staying informed about global and local affairs will greatly impact your decisions. Always vote in every election to ensure your voice is heard.
Find joy in helping others: Pursue a career or a hobby that brings you joy while simultaneously helping those less fortunate. Material wealth and possessions will not make anyone truly happy; making a positive impact on others’ lives will. Engage in activities that bring meaning to your life and help uplift those around you.
Attaining Financial Stability
Get a job: Utilize the education and training you have received and put them to practical use by getting a job. Visit your nearest job service agency and explore available positions. Join LinkedIn to expand your professional network. Success in your career does not just happen; it requires proactive steps. Start now, and diligently work towards your goals.
Build a foundation: After securing a job, focus on paying off any debts or loans. Acquire a reliable car and a comfortable living space. This will help you establish a solid foundation for your future. Also, start saving money today to prepare for the unexpected. Simply having a financial cushion can help you navigate life's uncertainties and enable you to eventually start a family.
As an 18-year-old, your life is pregnant with possibilities. Embrace the advice shared here and turn your aspirations into reality. Your journey starts now, and the opportunities are countless.