Whether you got an online bachelors degree or went to a traditional four year institution, graduation from college is a great moment of celebration.. It is a moment that indicates the hard work that you put in over the last 4-5 years of your life. While life at the university is more than just studying, the primary goal is to obtain this piece of paper that will help you for the rest of your life. Graduation from college may sound like the best moment in your life. It certainly is something to be celebrated, but it is only the beginning.
Life Changes after Graduating from College
The truth of the matter is that after graduation, there are many significant changes that often come about. Graduation from college in the U.S. almost certainly guarantees cutting the financial umbilical from the parents. This is moment that I faced just a few years ago. For most college graduates, this means more expenses.
Life after graduation doesn’t just mean more financial obligations. It also means a change of life. Young adults are faced with more new responsibilities at this period in their life than any other time. College graduates are forced to deal with the new changes in life in a short period of time. This is part of the reason that this blog was created.
The Challenges after Graduation from College
As I mentioned, there are many challenges that come with graduating from college. It isn’t just new financial obligations, although it is that, but also a change in life.
- Finding and Furnishing an Apartment: Finding your first place after college is one of the biggest challenges. The impacts of this decision will influence later parts of your life. You are forced to choose where you want to live. Whether this means staying near your university, returning to your home town, or even finding a new place to live. Often it will be connected with a job, but this isn’t always the case. Once you find that place, you have the challenge of furnishing an apartment. I often brag about how I furnished my apartment for $600. It may be difficult, but you can find quality material for cheap if you buy it used.
- Getting a Job: In this economy, landing a job can be quite difficult. Some companies are hiring though. You may be forced to move to a new place, but it can be well worth it. The best way to tackle this challenge is to put your name out there as soon as possible. It’s best to start applying before graduation from college.
- Insurance: This has historically been the point where young adults are forced to get their own insurance. I was forced to get my own car insurance after college. It can be difficult as you learn new vocabulary such as premiums and deductibles, but you will get the hang of it. Most likely, you have someone to guide you through the process. It never hurts to ask.
- Investing/Retirement: Although these can be considered different things, investing and planning for retirement is something that everyone should start doing. If you invest now, you will reap the benefits of compound interest. You may be wondering what your first investment should be, but it’s best to jump in and start asking questions. Don’t let the fear of the unknown prevent you from investing.
Thus, while I have only covered some of the basic challenges that come after graduation, you can see that it is an important moment in your life. Take this time as an opportunity to learn all you can in order to pave a smoother road for your future. Remember that graduation from college does not mean the end of learning. In fact, it is only the beginning – a new beginning. What you do with it is up to you.
If you feel overwhelmed, just remember that I’m here to help you tackle these challenges. Subscribe to my RSS feed if you want to receive email updates when new material is posted.
When you were in your early 20′s, what obstacle was most challenging for you? If you are still in your early 20′s, what seems most challenging?