How to Manage Finances after College

How to Manage Finances after College Youve finished college and now you can learn the true meaning of adulthood: working hard and paying the bills. Its easy to think that youve recently graduated and may start worrying about money later. The problem with later, though, that it may never come. Soon youll find out that your life is far from that financial paradise you awaited. To avoid this situation, you need to know how to manage money after college. Here are some great tips that will help you stay on the right track. Have a Clear Sense of Monthly Expenses After college, youre going to have a lot of new expenses. Usually, they include the rent, food, clothes, utilities, transportation, and entertainment. You need to conduct some research to find out the cost of living: Figure out the average rent in your area and find information about how much it costs to share an apartment with a friend. Estimate how much money you need on food. Take your dietary habits into account. Determine the transportation costs. If you have a car, you do know how much money you need to use it every month. Think about what it costs to live in general. Consider purchases, gifts, cell phone, entertainment, etc. Once you have a clear understanding of where you stand and your monthly expenses, you can start creating a budget. 2. Make a Budget and Stick to It Getting used to living on a budget is a great habit for future. Creating a budget is the first step to your financial responsibility, thats why you need to take it seriously. Mapping up a budget will allow you to live within your means and avoid impulsive purchases. Once you have a list of your monthly expenses, you can start cutting some of them and find cheaper options to save some money. Remember that in creating your budget, it is important to start with the most essential things. Its always wise to limit entertainment and eating out if you feel that you cant stick to your financial plan. 3. Take Your Student Loans Seriously Paying off student loans can be daunting, but you shouldnt ignore these expenses. It is important to pay at least a minimum amount every month, and even a bit more if its possible. The secret is: the more you pay now, the less youll need to pay later! If you struggle with payment, think about choosing another payment plan. You can also ask a lender if it has forbearance program or can offer you another payment plan. There is always a way out, just make sure to pay your student loans on time and include these expenses into your monthly budget. 4. Save Money to Cover Unexpected Expenses You may think that you plan your expenses and try to stick to your budget, so you are set for life. But then something happens and you need an extra thousand dollars. Car crash, illness, moving costs the reasons can be various. How to get that much- needed cash? The answer is to save money in advance to have an emergency fund if necessary. Most people think that saving is something they can do later. But if you start saving right after college, you would be surprised at how much youll have in a couple of years. Therefore, make certain to have a room in your budget to be ready for any situation in future. 5. Plan for Your Retirement Wait, you just finished college and found a job and you need to think about your retirement? It may sound a bit weird, but yes. Retirement plans are crucial when you are still in your 20s. The earlier you begin saving, the better your future will be. Make sure to take this aspect of financial planning seriously and start contributing right away. Its never too early to start saving for retirement. The last advice to help you manage finances: Never spend more than you earn and always live within your means. May the wind always be at your back!

Louis ghost armchair Assignment Example | Topics and Well Written Essays - 500 words

Louis ghost armchair - Assignment Example The Louis ghost is a modern chair with a medallion backrest for leisurely comfort, the chair is well balanced and suitable for indoor and outdoor use, fit for a king. Philippe Starck designed the Louis ghost armchair as a contemporary take on style of a French king Louis xv. The chairs are luxuries; comfortable and super stylish, hence it encompasses the elegance of royal taste on a peasant’s budget. Taking on a number of the styles of its original design, I find it more interesting that the Louis ghost armchair is designed modernly and very comfortable furniture. It was molded in durable and shock-resistant polycarbonate. The chairs are available in various colors that suit any interior or exterior setting. Rather than being made out of mahogany wood like its forerunner, it was created out of polycarbon, making the chair both lightweight as well as durable. The Louis ghost armchair also helps solve one worrying problem common with furniture, when moving or keeping. Unutilized furniture space is a key issue but with the Louis ghost armchair, this is solved as the design allows the chair to be slanted on top of the other with each fitting into the r hence occupying minimum space during transportation or storage. The ghost name comes from its transparent look giving it the illusion of a ghost. In this context, Louis ghost armchair is considered as a key contributor to art deco as its designing style is characterized by the use of modern technology with the use of new material, such as polycarbonate.

Potencial investors Assignment Example | Topics and Well Written Essays - 750 words

Potencial investors - Assignment Example At the input site, there is an installed automatic camera and a point for placing the thumb. It is then connected to a computer, a bell and alarm system at the output. The input system is placed outside the gate. The system will enhance security in that when one place his/her thumb at the input system, the automatic camera records the image and the fingerprints. The image of the person at the gate can then remain transmitted to the computer located in either the house or the security personnel office. In case the bio-data is of the family member, the computer controlled bell system automatically rings. However, in case the bio-data is for a non-family member, there is activation of the alarm system to alert the family member of the presence of a stranger in the gate. The concerned member can then alert the security through contacts available in the system in case the stranger raises suspicion. The whole process of developing the idea to certification by the national Security Council requires an estimate of 400, 000 US dollars whereas the advertisement and testing fee will cost another 150,000 US dollars. The cost of installation to the first 500 customers will cost an estimate of 100,000 US dollars. The business idea therefore requires a total of approximately 700,000 US dollars to start. The business has a prospect of engaging the federal government in case of success, making huge profits to the investors. With the ease of availability of the computers, the company will develop the software, the alarm and bell system. The company will as well attract investors from the National Security Council who will partly help in the development of the system and sell the idea to the government more easily. I interviewed three prominent potential ICT investors including Miller Collen, Pearson Todd, and Sander Preston. The three investors I had contacted and interviewed showed lots of optimism and

Statistics Review Questions Essay Example | Topics and Well Written Essays - 2500 words

Statistics Review Questions - Essay Example Correlation is a method to measure the association in between two variables. When we compare the correlating scores of two variables, we are trying to determine whether the variables are related to each other or not. The purpose of doing correlations is to allow us to make a prediction about one variable based on what we know about another variable.  Ã‚  Ã‚   A frequency distribution is the tabulation of raw data obtained by dividing it into  classes  of some size and computing the number of data elements (or their fraction out of the total) falling within each pair of  class boundaries. A frequency distribution can be modeled as a  histogram  or  as a pie chart (Frequency Distribution). A pie chart shows the differences between two separate variables or subjects. A pie chart is a graph that is in the shape of a circle which represents a total of 100%. Other variables or subjects are shown on the chart with respect to their relative percentages to the whole. The different subjects are shown in different colors and the size of each subject in the pie is proportional to the percentage of the subject. A bar graph shows raw data and it is designed to show different values of two or more subjects but instead of using the pie to represent data it uses horizontal and vertical bars that represent a different value. The bar graph has numbers along the side of the bars to indicate the value of the variable and there are scales which show what variable is being measured. The difference between the pie chart and the bar graph is that a bar graph is capable of showing change over time. While a single pie chart cannot show changes over time by itself, it can only represent the given percentages at a fixed point in time. A graphical display of a  frequency table is called a frequency polygon. The X-axis has the intervals shown on it while the number of scores in each interval is represented by the height of a point located above the middle of the

Assignment2 person2 Assignment Example | Topics and Well Written Essays - 2000 words

Assignment2 person2 - Assignment Example The above agencies are assisted by the Association des Hoteliers et Restaurateurs de li’lle Maurice, which is a non profitable organization established in 1973 to represent and sponsor the interests of hoteliers and restaurant owners (International Travel and Tourism, 2012). Various natural attractions form the pride of Mauritius tourist business. They vary from man-made features, beaches, interesting fauna and flora, to the culture of the indigenous people. The sub – tropical climate is also exceptionally fine for holiday seekers. Five star beach resorts and hotels that offer top class accommodation services to visitors facilitate these attractions. The hotels and resorts are renowned for being among the best in the world in reliability (Reid & Bojanic 2006, p. 209 Mauritius has taken approximately 30 years to develop from a low-income country to a medium income country. The country started with an economy that heavily relied on agriculture but currently, the economy r elies on several strong sectors. The economy was dependent on agricultural products such as sugar and textile products. A decline in the world sugar market and the dwindling textile industry prompted the government to explore other avenues including the expansion of the tourism industry. ... Statistics from the International Travel and Tourism organization (2012) indicate that Mauritius received 18,000 visitors in the year 1970. The figure has then risen to 103,000 in the year 1977 and subsequently to an approximate figure of 656,450 visitors in the year 2000. Most of the tourists visiting Mauritius come from European countries. However due to the economic downturn experienced in 2011 especially in Europe, the government was forced to act by searching for alternative markets. Statistics from the International Travel and Tourism (2012) also indicated that Mauritius received 964,642 tourists in the year 2011 that was low compared to 965,642 visitors in the year 2012. In the year 2012, the market was slightly improving. The first course of action that the government took in 2011 was to provide direct fights to Africa and Asia. The two regions boosted the country at a time when travelers from the other regions were adversely affected by the global economic crisis. The Maurit ius government has been busy developing new strategies to compete in the tourism market. This includes the recent action plan dubbed the â€Å"opening of the sky†, which is aimed at improving the local tourism industry. The strategy puts emphasis on the development of new markets. To get new markets, the government will have to forge relationships with new countries and market their products in the new countries i.e. new countries represent potential markets. The authorities will also have to seek new client profiles (Mehta, Rosenbloom & Anderson 2000, p. 77). Future of Tourism in Mauritius The government has also put emphasis on the construction of new facilities such as hotels to accommodate the increasing

Business Principles of the Edinburgh Fringe Festival Essay

Business Principles of the Edinburgh Fringe Festival - Essay Example Even though the economic impact of the festival remains a major concern, there was an agreement with the major stakeholders that it was vital to look into other aspects of the festival. The Edinburgh festival attracts all kinds of performers ranging from regular school boys to star actors. With more than 260 performance venues, such as dim vaults, giant theatres, and moving buses the event has the capacity to hold thousands of actors. All the venues available manage to hold more than 2,000shows in the 25 day long festival. The establishment of the Scottish parliament has to a large extent altered the political landscape. Edinburgh is considered as the standard –bearer for Scotland and a very vital in promoting and strengthening the pride of the Scottish people and their identity as a whole. However, there has been a very great concern by most people and even politicians in Scotland that Edinburgh is not getting the recognition it deserves as a cultural ambassador. This is with due to the numerous festivals that Edinburgh has organized and hosted with very limited resources. In that aspect parliament has come up with certain legislations to help boost the cultural events in their quest to promote the Scottish culture. Nationally Edinburgh is faced with numerous challenges. Whereas there are some people who are of the opinion that a lot of resources is being allocated to the capital, there are some who are of the opinion that Edinburgh festivals may play a very crucial role in promoting the national economy through cultural tourism (British Association of Social Workers 1976, 87). Certainly the Edinburgh’s economic position can be termed as healthy due to some various factors such as low unemployment rates and projected growth in job opportunities. In a research carried out in Scotland in respect to the highest revenue earners for the country. In the year 2010, tourism accounted for about 1.5bn pounds of expenditure by

Sprint Wireless Service RECYLING Program Essay Example | Topics and Well Written Essays - 500 words

Sprint Wireless Service RECYLING Program - Essay Example Customers do not need to pay any additional charges to get their devices shipped and recycled through the company’s buyback program. The devices sent to the company through FedEx or United States Postal Service are tested by the company’s technicians for condition assessment. If a device is in a condition to become reusable by minor repairs, which is most likely in majority cases, the company makes use of all available resources to refurbish the hardware and update the software to make it ready for use again. Even in case a device is not in a condition suitable for refurbishment, the company separates its usable parts and recycles the rest of the device in accordance with the Federal and State environmental regulations. The receiving and processing of the shipment usually takes around thirty days, whereas it takes up to three billing cycles for a customer to get the account credit. The company also shows it corporate social responsibility by taking steps towards the promotion of free internet safety resources for children. Sprint gives two options to the customers. Customers either can get their due credit from the company through bill credit or can gift it to the Sprint project Connect to fund for the internet safety program. The company uses ISO SUU1 and 14UU1 as the recycling quality standards that ensure the use of most environment-friendly electronic waste disposal methods. The service has seen a number of considerable achievements so far. It has been ranked at the top spot among all major carriers. It also holds the record for recycling the most number of devices in a week. Currently, it has been named as the most eco-focused wireless carrier. Sprint has been the first U.S. telecom company to deliver an ‘A+’ corporate social responsibility grade (Sprint). The Sprint Buyback Program has been very successful since its start, which is evident from the fact that the company had collected