3 Learning Tips We Can Pick Up From Tim Ferris

3 Learning Tips We Can Pick Up From Tim Ferriss

Tim Ferriss is the New York Times best-selling author known for revolutionizing traditional working life. He’s come up with tactics that help people to reduce the 40-hour workweek to 4 and disrupted the adage that it takes a lifetime to master a skill. With his successful podcast The Tim Ferriss Show, the also public speaker and entrepreneur is uncovering the tools, tactics, and secrets of today’s big minds from comedians to biochemists to athletes.

In this post, we cover the framework behind Tim Ferriss’s learning strategies which have helped him to quickly master languages, dance moves, athletic abilities, instruments and more.

Deconstruction

Most people never conquer a second or third language because it seems like a task that is insurmountable. They pick up a book or sign up for a beginner’s class and find themselves feeling as if they’re at camp 1 of Mount Everest and looking up at a target that seems like a nearly impossible feat. Truth is, our biggest goal can seem as daunting as climbing Mount Everest when you’re starting out at the bottom. It can fill you with an anxiety that ultimately topples under the pressure of fear and disbelief. So much so, that you never even pursue lifelong desires such as being fluent in Spanish, learning how to play the drums or starting a business.

Ferriss’ secret for accomplishing personal goals starts with breaking one giant mission into basic parts. To learn a new task, Ferriss assesses what tools he already has and the tools he has to acquire. So, by Ferriss’s point, in your mission to learn a new skill, you would identify what parts can be traced back to something basic you’re familiar with and finally what aspects will be difficult to get. For Spanish students, this would mean identifying how grammatical structure might be similar to English

Reversal

Ferriss implores his followers to consider what would happen if they did things in the reverse of their common practices. By peeling back the layers of a finished product a person can gain more insight into the structure, process, and ingredients that have created it. Start by thinking of your end goal and starting point as two points on a mountain. You probably already have all of the skills you need to get to the base of the mountain. Yet you might not be aware of the skills you need to acquire to get there. A strong understanding of these skills, however, will help you to make the ascent all the easier.

Sequencing

Ferriss points to a lack of basic knowledge as the main culprit behind what causes people to quit. Ferriss came to appreciate this realization when he first learned how to do the tango. Instead of taking the typical male role and learning to lead, Ferriss learned the female role in order to enhance his performance. By starting from the basic position, the follower, he was able to quickly master his posture, footing and turns needed to properly take on a bigger role.

It’s here in Ferriss’s sequencing method that deconstruction and reversal tie into produce optimism results. In the process of breaking down the end results of a skill i.e. mastering Spanish, a person has to breakdown or deconstruct the overall skill by peeling back the layers or reversing the. Once these final steps have been completed they can reconfigure the right sequence of learning that best suits them so that they can achieve their mission.

They may seem like added tasks but the greatest thing to take away from Ferriss’s lessons in learning is that skills can be hacked. All of his skills work together and ultimately operate as a singular tactic. By breaking down an overall goal and backtracking from the final solution to the building blocks you can discover the perfect sequence to tackle a goal.

4 Tips On Getting Your First Internship

4 Tips on Getting Your First Internship

The right internship can turn into straight gold for any college student. The best ones will have you more than just running for coffee. They’ll help you to learn and gain experience in a field that you are passionate about, while also making the right connections with contacts to get you an in when your graduation comes around.

Although the process of picking out and applying for internships can seem a bit daunting, fear not. The right tactics will have you taking on the task of your ideal position and on a start to your dream job.

If scoring the perfect internship is your goal semester, consider these tips:

Do Your Research

Think about your application for the internships you want as the ultimate comprehensive final exam. You wouldn’t spend 20 minutes skimming your notes just before your final and expect to walk out with an A grade, so don’t expect a similar strategy to work here. Before you write your cover letter and definitely before you ever walk into an interview, try to find out as much as you can about the company you want to intern for.

Look into the company, the history behind it and the product that it is working to sell. Have a firm understanding of its target audience as well as its competitors and industry. The students who get picked up as interns are the ones who have a solid understanding of what a business does and what their role would be. Walk into your internship interview with an opinion about the direction of the company and a practical vision of what you want out of your role. Remember, the company you’re applying to already knows its mission statement and that you probably “love” its product. So, instead of going on and on about how their company changed your life, tell them how their values and missions align with yours.

Use the Product or Service

Having to wing a part of your interview or application isn’t ideal, but it will happen to you inevitably— and it’s okay. Being able to think on your feet will be crucial to the positions you obtain in the future and if you can demonstrate this ability in an interview than even better. Still, there are certain things that shouldn’t be put off on the fly when applying for an internship. Number one being a business’s product or service. Being unfamiliar with a brand’s product, website or overall shtick will undoubtedly because for an awkward situation when you get to the interview phase of your application. Not only will interviewer’s be able to quickly glean from your answers that you know nothing about their product, but they’ll also be able to tell from your social pages. If you’ve yet to “like” or “follow” the businesses you’re applying to, consider grabbing your phone and doing that now. Showing that you are engaged with these brands on social will help internship hires to see that you truly are as passionate about their brand as you say you are.

Be Aware of The Big Picture-

As you go through the process of researching the brand you want to intern for, start to figure out where your goals and values fit in with theirs. Start by drafting up a list that compares the mission of a brand to your own objectives. Consider your end goals and the ideas that you have created to help you get there. Figure out how these efforts might align with the expectations of the internship position and then assert these notions in your cover letter.

In your cover letter, be sure to include a breakdown of your accomplishments and how they can help you contribute to a company’s big picture goal. Demonstrate which qualities of yours go together with the ones the brand desires from its interns. y All Over

Be safe and apply for at least 20 internships. While you might already have the perfect internship in mind, you’ll never know what opportunities might come your way in the form of an overlooked intern spot. Search for listings on company websites or hunt for openings on databases such as InternMatch or InternQueen. Don’t leave out your university’s career center as a resource either. While you’ll want to spray the internship application field with as many of your cover letter as possible, be sure that you remain personal in all the cover letters that you send.

How Studypool Combats Cheating

How Studypool Combats Cheating

Any founder will tell you that when you build a start up, there are many roadblocks along the way. For Studypool, like others in the education space, a big challenge is combating cheating.

Our intention is to facilitate the learning process and democratize tutoring. That’s why we created Microtutoring. We know that when students are stuck on something, they need help in the moment. Students are always on a deadline and can’t just put off an assignment or studying for a test to wait for their next session with a tutor, if they even have a tutor.

In fact, a study we conducted shows that over 30% of college students use tutors regularly but are restricted to weekly sessions. A staggering 72% of those who don’t use tutors say it’s because they haven’t found the right person to help them or because it’s too expense.

This is where Microtutoring comes in. With Microtutoring, students can get the help they need right away and continue their learning process. Plus, they don’t need to commit to exuberantly high recurring fees to secure time with a coveted tutor. What we’ve discovered is that our users turn to Studypool in situations when they have no one else to help them. And more often then not, they find the help they need quickly so they can keep learning.

Although a large majority of our students have gained great educational value from microtutoring, a small fraction, Unfortunately, use Microtutoring with the intention of to find shortcuts—perhaps to pass a quiz or to ghost-write an assignment. Though this is hard to regulate, we recognize this is an issue and are proactively trying to combat this cheating.

First off, we want to make it clear that we strictly prohibit the use of Studypool for cheating. Our terms of use explain that such misuse of the site, whether by the student or the tutor, is grounds for an account to be terminated. Second, our Honor Code, which every student must agree to, is a pledge to use the site for academic help only, and not for tutors to do work the student can submit as their own.

Ultimately, it is part of our duty as an academic platform to uphold a high bar of academic integrity. No matter how minimal the cheating that occurs on Studypool may be, we will keep an eye on catching academic misuse of our platform.

How To Score An Internship In Another Country

How To Score An Internship Abroad

For most, interning overseas sounds like a pipedream. After all, why on earth would they want to hire you over someone local? It’s usually, cheaper, more efficient, and runs much less risk in terms of running into logistical/communication barriers. In yet, even if you think that interning overseas sounds next to impossible, it’s actually much more accessible than you might think.

Over the past decade, interning abroad has grown tremendously. There are a few factors we have to take into consideration with this. First, a lot of U.S. based companies have operations overseas and find it valuable to start training potential employees while they’re in school to learn the language and get accustomed to their operations. Additionally, there are numerous cultural benefits as well, which can become incredibly valuable to American firms. However, even with all these fantastic factors involved, it’s still a lot of commitment on both ends, both with their respective time and finances.

It’s true that to get an internship overseas; you’re going to have work much harder than trying to get something at home. These people want to see that they’re bringing over the best first, with the ability to enjoy their culture and community your benefit, not theirs. In yet, landing a gig like this can leave an incredible impression upon you for the rest of your life, which is why I’m going to show a little bit on how it’s done.

Finding The Right Fit

The most important step in your search is going to be finding a business that you feel like will accelerate your career first and foremost, with where they’re located a secondary factor. Whether it be a startup or major corporation, it’s also important to note that these people are going to want to bring you into both their culture and workflow and having someone come overseas for that can be a tough task on their end. However, there are a few ways that you can accomplish compiling a list.

First, start looking at the companies that excite or interest you the most. What do you like about them? Why do you want to work there? Could you see yourself there after the internship is over? These are critical questions to answer, because to them, where you’re from doesn’t matter, but rather what you can bring to the table. Additionally, while it may be in your strongest desires to experience what it’s like to work overseas, for their company, it’s just another day at the office. Sure, they might love their city or country, but they’re used to it, so the fact that you want to experience something new isn’t exactly a major factor in their decision.

I know it sounds dull, but treat this like you would any other job to really hone in on finding the right company for you. Compile a list large enough that you can both find interest in, as well as pitch consistently too. Categorize your choices as your top choices (and why), all the way down to potential safety nets. Remember, this is an exercise of growth of your career, where all the extra benefits of traveling will fall into place after you touch down.

Writing The Pitch

How you come off to these people is going to make or break your opportunity. Remember, while you might have dreams about spending your summer in Singapore or Berlin, these people don’t want to hear about how you want to live there, they want to hear about what you’re going to do for their firm and how you’re going to do it.

As you’re most likely not the only person that wants to intern abroad, these folks are going to come across a ton of applications. That’s why it’s imperative you compile a quality cover letter, as well as a killer resume (plus going above and beyond on any other assignments they might require). Make your pitch short and sweet, going after the primary points listed above (the what and how), as well as a brief about you, your goals, and how you want to develop a career there. This should be no longer than 3-4 short paragraphs (around three sentences), with a call-to-action included as well. While this is going to take some practice at first, getting in the habit of this will not only serve you well for the internship but continuing along for the rest of your career as well.

While getting an internship overseas can be tough, it can also be one of the most worthwhile experiences of your young career. Get started early, build a solid pipeline, and go after the ones you want. If so, I promise that you’ll be landing abroad in no-time.

Mistakes To Never Make During Your Internship

10 HR Mistakes To Never Make During Your Internship

The benefits of securing an internship at a great company are clear. According to a report by NACE (the National Association of Colleges and Employers) over 64% of students who participated in a paid internship at a for-profit company received a full-time job offer at the conclusion of the internship. But landing a great internship is just the beginning for a student interested in advancing his or her career. Once an internship is secured, itÕs important that the internship go well.

To ensure that any internship is a success, readers should be sure to avoid these 10 common HR pitfalls.

1. Misrepresenting Yourself During the Interview

Even before the internship begins, it’s important for intern candidates to ensure that they are representing themselves honestly. Falsifying information such as education, past employment or extracurricular activities is a bad idea. A study referenced on Career Builder indicates that 72% of employers do some type of background check before making a job offer.

Chances are a job offer will not be extended to intern candidates who misrepresent themselves. If for some reason the company decides to move forward even after compromising information has been found, it will likely make for an uncomfortable start to the internship.

Intern candidates who would rather cover up a past indiscretion or blemish on their resume would be better served to simply rehearse talking about the subject before an interview. Candidates who clearly address an uncomfortable subject may actually show themselves to be more desirable. Being honest about difficult subjects is afterall a sign of responsibility and maturity – two qualities HR teams usually look for in candidates.

2. Lying to a Supervisor

Supervisors need to be able to trust their employees. If a breach of trust occurs between a supervisor and a subordinate that can be the end of an otherwise good working relationship. In order to maintain a good working relationship that will result in a valuable recommendation at the end of the internship, interns must remember to always be honest with supervisors.

While in the moment it may seem more convenient to lie or to tell a half-truth, interns should take the high road and should report honestly to superiors. In some cases, lying may not only damage the working relationship, but it could end in termination depending on how bad the lie was.

3. Sending an Angry Email to a Customer

Interns who are lucky enough to be trusted with a customer facing role should remember to avoid sending angry emails. In some instances, it may be tempting to send an angry email to a frustrating customer. But doing so will result in a diminished company reputation, a further frustrated customer, and possibly termination.

Instead, when dealing with a difficult customer, remember just how important the product or service is to the customer. When a business fails to meet expectations it’s time to provide outstanding customer service. The last thing an intern should do as a company representative is be aggressive over email.

4. Showing up Late for Work

It may not seem like a big deal, but arriving late or leaving early frequently does not reflect well. In her book Never Be Late Again, Diana DeLonzor discusses findings from her research about how tardiness impacts careers. Her research indicate that managers are less likely to promote workers who are chronically late even if they make up the time by staying late to get work done.

These findings will likely apply to managers working with interns as well. Lateness in and of itself is a sign of poor organization or lack of commitment. To make a positive impression at the office, avoid being late.

5. Failing to Meet Deadlines

Not every internship requires interns to meet strict deadlines. But for internships that are deadline driven, failing to meet deadlines can cause considerable difficulty. From a manager’s perspective, a missed deadline can mean a frustrated client, lost revenue or a disappointed senior manager.

It’s important that interns make sure they understand when and why things are due. Then they should work diligently to meet the deadline. If for some reason it is not possible to satisfy a deadline, then this needs to be communicated to the manager as early as possible in order to avoid serious negative consequences.

6. Asking for a Recommendation Prematurely

There are typically two ideal outcomes from an internship. First, the internship ends in a full-time job offer. For internships that cannot end in a job offer due to timing or another reason, then a great recommendation is the second best outcome.

For interns hoping to receive a meaningful endorsement from an employer, asking for a recommendation prematurely can be destructive. Some employers view this kind of behavior as manipulative or self-centered. Instead, it’s better to wait for the conclusion of the internship to ask a manager for feedback about overall performance. If feedback is good, then it is appropriate to ask for a recommendation.

7. Quitting the Internship Without a Good Reason

It can be the case that an internship becomes more challenging than initially expected. It may also be the case that for whatever logistical reason, and internship becomes inconvenient. Despite these types of challenges, it’s best to stick it out. Leaving an internship early without a good reason can damage a professional reputation. Additionally, future employers may ask for an explanation about why an internship was shorter than usual. If the explanation is unsatisfactory an employer may assume the worst.

8. Working with a Competing Company During the Internship

It’s becoming increasingly common for companies to ask employees to sign an NDA (Non-Disclosure Agreement). Depending on the contents of the NDA (which can vary greatly) the contract may prohibit any employee, including interns, from working with competitors while employed.

Even if a business does not ask interns to sign an NDA, it is a best practice to avoid collaborating with competitors in any way while employed. Failing to disclose such a collaboration can result in termination, or at the very least, it can make it less likely the internship will result in a job offer or a recommendation.

9. Neglecting to Accept Responsibility

Part of being a responsible employee involves taking ownership. In some cases taking ownership can be gratifying, it usually means working on meaningful projects that can make a big impact. But taking ownership also means taking responsibility when things don’t go as planned. Interns who fail to take responsibility are letting themselves and their teams down.

Certainly for something to go wrong it usually means more than one person made a mistake. But to own a project means to own it 100% for good or bad. Taking responsibility is a part of being a mature professional.

10. Forgetting to Ask For Feedback

Internships are the beginning of long and illustrious careers and because of this fact, is best for interns to ask for feedback from superiors. Afterall, receiving honest feedback is the only way interns will become better professionals. If an employer is hesitant to proactively issue feedback, then the intern should simply solicit it him or herself.

5 Keys To Getting An Internship At A Tech Startup

5 Keys To Getting An Internship At A Tech Startup

Whether it involves an internship at a tech startup or a major corporation, the qualifications are really quite similar. The only difference for startups has to do with a greater emphasis on how well you fit in with the rest of the company and your teammates. Startups usually have less individuals than larger corporations, so preserving a productive social dynamic through healthy interpersonal relationships receives more attention.

Getting an internship at a tech startup will depend initially on your credentials and your skill set. It’s a given that you’ll need to pass the minimum technical requirements for a startup if you want to be accepted into an internship program at the place. Afterwards, interviewers and their questions will likely focus on how your personality intersects with your skills and what it means for the rest of the team at the startup.

Here are some specifics on what to look out for when you’re aiming to land an internship at your dream company.

1. Sell Your Skills Well on Your Résumé

There’s likely a lot of skills and activities you’ve been involved in at this point in your career. When applying for a marketing job in comparison to a technology job, you’ll want to emphasize different coursework and relevant experiences for each. Looking at the type of work that your prospective employers are involved in and then selecting experiences that are most relevant to that work will drastically improve how your resume turns out. It will also greatly boost your résumé’s immediate impact.

Let’s take a closer look at how you might aim to achieve this effect for startups that are recruiting. First you’ll need to look into the specializations of that startup. Most companies will generously list the types of skills they require for specific roles at online recruitment sites like Angel.co.

Figure 1: Sample listing for technology internships on Angel.co, showing two job categories with each of the necessary skills. From this point on, listing the classes that demonstrate your proficiency in the skills a startup wants and refining it to reflect the values of the company will boost your chances greatly.

2. Invest Time Into Researching the Culture and Values of a Startup

As mentioned before, the second-most important aspect of getting an internship at a startup is ensuring that you’re a good fit. You’ll want to include elements on your startup and edit your answers to expected interview questions in a way that drops hints about how your personal values match well with the values of a specific startup.

Most companies assert their culture and what their business is about openly. Take for instance LeadCrunch’s piece on what constitutes the pillars of their company culture. If you can locate information or speeches made by the leaders of that company that give a definitive statement on their culture and values then you’ll be able to put yourself in a much better position when it comes time to present yourself to an actual person.

3. Have Other Skills That Set You Apart

For many companies, finding a skilled applicant that fits the role of a job is already a decent catch. However, you’ll need to demonstrate proficiency in a number of other important skill areas like leadership if you’re looking to really set yourself apart from the rest of the applicant pool and appear more well-rounded. Creative skills that can better help a company visualize its branding and conceptual goals in addition are an example of a skill that’s unrelated to technology but still highly valuable to any startup company.

After you’ve ensured that you’ve covered your bases with respect to your skills and your familiarity with a company’s culture, you’ll want to focus on how to best differentiate yourself from the other applicants and really stick out to better your chances.

4. Network, Network, Network

In the end, startups and companies in general are all composed of people. So who you know and how you leverage your relationships will make a huge difference for any company you’re looking to land an internship with. Networking has become an increasingly important part of the internship process especially when more competitive and desirable internships are concerned.

The benefits of networking are huge. Just imagine the advantages you’d have if you could say that you’ve had a dinner with the CEO of a startup before your internship application. Fortunately, with the prevalence of platforms like LinkedIn, networking and building relationships that are meaningful is much easier.

5. Apply to Many Internships

If you’ve got the right skill set along with the right mindset, then finding a suitable internship really will turn into a numbers game. It’s not uncommon for enthusiastic people to apply to 15 or 20 internships in an attempt to broaden the opportunities and choices available to them. There’s not really a penalty to applying to more internships other than the amount of work and research you put into the application process, there’s nothing stopping you from applying to 20 internships in contrast to applying for 20 credit cards. If you have the qualifications, time, and energy, what’s left to stop you?

Use a Micro Saving Tool

How To Budget Responsibly As A College Student

Last year, according to US News, 70% of new college graduates left school with debt. The average amount of debt recent college graduates owe is over $37,000 according to the same report. As the cost of college increases, it is becoming harder for students to leave school debt-free. But by budgeting responsibly, college students can reduce the amount of debt they must carry. In some cases, studious college students can even budget so responsibly that they graduate college debt free.

This article by Credit Repair is designed to serve as a guide for current and prospective college students hoping to budget responsibly to avoid student loan debt.

Know the Difference between Federal and Private Student Loans

For college students who need to take out some kind of loan in order to pay for tuition or college expenses, it’s important to understand the differences between federal and private loans.

There are three types of federal loans currently available, subsidized, unsubsidized and PLUS loans.

Subsidized loans are based on financial need. Your university will determine the amount of direct subsidized loans you can borrow. While you are in school and six-months after graduating the Federal government will pay the loan interest. After which point it will be up to you to pay back the loan including any interest that accrues after the six-month grace period.

Unsubsidized loans are not based on financial need, though your university will still determine the amount you can borrow. Unlike subsidized loans, you must pay the loan back immediately or interest will accrue until the loan is paid in full.

PLUS loans are specifically for graduate and professional students according to Student Aid.gov . In order to qualify for PLUS loans, the student must have a good credit score and most show clear financial need.

Private loans typically have worse terms than federal loans. There are two types of private student loans to be aware of, as detailed by Sallie Mae. Student loans are loans that the student takes out him or herself, the student is directly responsible for paying the loan back until it is paid in full.

Parent loans are loans that a student’s parent or guardian takes out, meaning that the parent is responsible for paying the loan back instead of the student.

It’s important for students to understand the pluses and minuses of each loan type before making a commitment. Understanding what loans are owed when will help to budget responsibly.

Use a Micro Saving Tool

Micro saving has become a popular way for young people to save for the future, even with little cash on hand. Apps like Acorns take the spare change from everyday transactions and invests the money for you. Acorns connects with your credit card and rounds up to the nearest dollar for each transaction you make. The platform takes the extra change and puts it in pre-selected ETFs (a collection of stocks passively managed through algorithms). Over time, the platform helps college students earn interest on the money saved.

Educate Yourself About Investing

One of the most powerful ways to stretch every dollar is to learn how to make money through smart investments. Students interested in learning how to invest wisely should consider reading Peter Lynch’s book, One Up On Wall Street. Lynch was the Managing Director of one of the largest and most profitable mutual funds in American when he wrote this straight forward guide for new investors.

Once you’re ready to put your money to work, try Robin Hood or other similar brokerage platforms that have zero or low transaction fees. This will help students to invest more of their money while avoiding expensive fees that can reduce buying power.

Find an Online Freelancing Gig

For students interested in working while in college, but uninterested in getting a job on campus, freelancing might be the way to go. Platforms like Upwork, Fiverr and Gigworker make it possible for students to gain valuable business experience while making money in off hours. Potential employers post over 3 million jobs worth over $1 billion on Upwork alone. There is a great deal of potential business available for an enterprising college student.

Use a Personal Finance App

To monitor spending and credit history, consider using a personal finance app. Platforms like Mint and Learnvest connect with your bank account and help you stick to predefined spending goals. The platforms also have the ability to remind you about upcoming bills and to alert you to suspicious spending activity.

How To Get An Internship As A Wedding Planner

How To Get An Internship As A Wedding Planner

The wedding industry in the United States is bigger than you’d expect. Couples are willing to spend surprising amounts of cash to create an ideal wedding day and to immortalize the occasion in a series of vibrant, moving photographs or videos. Statistics from the U.S. Library of Congress reveal that the domestic wedding industry generates anywhere from $50 to $80 billion of value on a yearly basis across approximately 2.5 million weddings.

Most people might consider wedding planning to more of a part-time job or a niche role that you might not commonly be able to build a career on. After all, there’s no major or class in college that specifically trains you in the skill of planning weddings like there is for more traditional and technically demanding roles like chemical or electrical engineering. The recruiting systems and companies that are actively seeking interns for wedding planning are similarly lacking.

Despite the lack of professional pathways in university to a career in wedding planning, securing an internship is nowhere near impossible. However, the process of applying for an internship and the types of skills that are expected of you will be more unconventional in comparison to other careers that are more standard or popular.

Acquiring Basic Skills for Wedding Planning

A career in wedding planning will require you to have a set of working skills that you can practically apply. It’s no different from the premise of any job in general. The problem for us is figuring out exactly which skills are desirable and beneficial to your success as a wedding planner.

Let’s break it down. Wedding planning is exactly what it sounds like – you’ll be in charge of ensuring that all of the standard and typical services that a wedding requires are arranged for and scheduled properly. The difficulty of wedding planning is finding and scheduling multiple services for one date since you have to locate a time that fits in the schedule of every service you require. We should start by going over the types of expected services.

Dresses

Women’s wedding gowns are an incredibly important aspect of planning a wedding that you should consider.

Consultants

These are the people in charge of planning and designing the wedding event. As a wedding planner, this category encompasses the services you will render.

Food, Videography, DJ

These are three industries that serve markets outside of weddings. This makes recruiting them and setting a schedule a bit more difficult.

Favors and Bridesmaids Gifts

Anything that the bride or groom chooses is fair game. Given the nature of the occasion, gifts are likely to fall under the categories picture frames or jewelry.

Destination Weddings

When a wedding is planned for a location that is neither the bride or groom’s residence. Destination weddings are more complex because you now have to keep track of the schedules and circumstances of multiple people as they plan to fly to the destination of the wedding.

As a wedding planner, you will need to be familiar with these services and know the local ones in the area that you are serving as a minimum. Therefore, a clear memory, organizational skills, networking skills, communication skills, and the ability to quickly respond and adapt to unexpected changes are probably the primary abilities expected of you as a professional wedding planner. If you want to pursue an internship in wedding planning, then you first will need to demonstrate that you have experience that shows an aptitude in these skills.

Getting in Touch With Wedding Businesses

Because of the lack of university established programs to promote the training of professionals dealing with wedding services, you will likely be on your own when it comes to seeking out internships. However, this shouldn’t be a cause for concern since you will be able to quickly reach out and find the appropriate businesses if you employ some effective networking strategies.

For instance, you might check with your close friends or family to see if any of them are holding a wedding soon. If you’re on great terms with them, then you can ask to be invited to the wedding and then start to form connections with the people there. You can even ask to be introduced to their wedding planner after you explain your interest in wedding planning as a career.

How Much Money Should You Budget For After College

How Much Money Should You Budget For After College

For most college kids, “the real world” is the last thing they want to think about.

Between getting a job, finding a place to live, starting to pay bills, and even making a new circle of friends, it’s no wonder people just want to coast by until graduation. However, doing so can cost you significantly in the long run.

With how competitive the job market is after school, planning ahead financially can help you out tremendously. Not only could it possibly mean not having to make the trek home to live with mom and dad, but it can also open up more doors for your career. While I know it might mean sacrificing some fun while you’re young, it will be well worth it in the long-run. Here’s why:

It Starts Before You Cross The Stage

While a lot of times saving money is considered something so minuscule that it’s not going to make an impact, that perspective can hurt you quite a bit. Even just setting aside $100 from a part time job here and there can make a world of difference, providing you with a safety net for an opportunity after graduation. Furthermore, your savings are going to provide more financial freedom with your credit score, which is going to be the cursor to how you’ll be able to handle money in the future.

As Lexington Law- a credit repair firm notes, college is one of the amplest times you have in building up your credit. This can include taking out a secured credit card, which is a line of credit you put a deposit down on and borrow from. Because it’s secured, you can virtually never be in default or past due on your card, creating a safe bet for you to build credit off of. Additionally, while a secured card is just one example of a solution to building credit while in school, some other options include reporting your rent, putting shared utilities in your name, and even starting to pay your student loans if you can afford it.

The steps you’re going to take in college are going to be some of the most beneficial in providing yourself with a sound future after graduation, which can be much tougher than you’d imagine.

What The Real World Will Be Like

Perhaps one of the hardest parts about getting a job out of school is the waiting game for a solid job. According to Pew Research, 44% of college graduates in 2012 were “underemployed,” meaning they were working jobs that didn’t require a college degree. If anything, this should let you know that looking for your ideal position is going to be tough, and even with savings, you might have to factor in a full-time or part-time job to make ends meet. Also, if you are lucky enough to land a job out of school in your field, don’t assume your position will be within what’s considered the national average.

In a survey conducted by the National Association of College and Employers, the average salary out of school in 2016 was $50,556. For a lot of us, this sounds exactly like what we were promised when going to school, but don’t get your hopes up. As an average, this is pulling from those with highly-specialized degrees such as Engineering or from schools with broad networks (I.E.: Graduating from Harvard with an Economics degree versus a less notable school). In short, these folks are going to be making close to six figures out of school, which throws this number off. Play it safe and make your expectations around the $30,000-$35,000 range, while aiming to make much more. And remember, not everything has to come to you right out of the gate, so stay patient.

A Patient Person’s Game

In formulating your post-grad financial picture, divide up your bills between long-term debts, short-term debts, and monthly expenses. Your monthly expenses are going to be things like rent, your phone bill, utilities, etc., while short-term debts are credit cards or loans to be paid back within 3-6 months (I.E.: for major expenses). Finally, your long-term expenses fall under things like student loans or car payments. Set aside a healthy budget for each (plus savings) to start painting a picture.

On a final note, I’ll say you shouldn’t stress that much about debt. I know it sounds silly, but it takes most people on average 21 years to pay off their student loans, so don’t think that throwing every little penny at it is going to make the biggest difference. No, remain balanced, pay what you can, and save. After all, they call it “commencement” because it’s the beginning, not the end, right?

Scholarships and Proper Budgeting

Tips For College Students Wanting To Stay Out Of Debt

Student loans can ruin careers. The Economist reported that student loan debts ran up to $1.2 trillion in the U.S. with 7 million debtors in default. Don’t get crushed under the weight of student loan debts.

Staying out of debt is a tricky situation when your employability (i.e. getting a college degree) is predicated on taking on huge amounts of debt in the first place. However, having an awareness to your current and future financial situation is not enough to hoist yourself out of a bog of debt. You’ll need to be aware of all of the borrowing programs available from the government as well as from your university, you’ll need to keep an eye out for scholarships and learn how to budget, and finally, you have to balance your life as a college student with your financial obligations.

Luckily, you can break down the problem of student loan debt into smaller, more manageable goals to lead to the best financial outcomes. Let’s review some of the major ways you can do just that.

Explore and Take Advantage of Your Options

Depending on school rank and whether or not you are attending a private school, the average cost of tuition can range from around $24,000 to $49,000 a year. That’s a lot to expect someone who doesn’t even have an income and is just getting introduced into the job market as a prospect to be able to handle. In comparison, the average American under 65 is making just $46,409 per year.

On top of tuition you usually also have to pay for a variety of other day-to-day conveniences, room and board, and for your textbooks. To survive as a student, you’ll need as much help as you can get, and your university and the federal government are two surefire institutions to consult about debt.

Regarding the federal side of things, there are a few types of federal loans that you can apply for including direct subsidized and unsubsidized loans, Direct PLUS loans, and Federal Perkins Loans. The conditions and amount of lending for each are outlined as part of the federal government’s student aid programs . Depending on how you want to structure your debt, you can mix these federal options with debts from private financial institutions as well.

Another popular option that can easily contribute about $4,000 to $5,000 per year towards your student loans is the Federal Work-Study program, which allows students to work jobs on campus in exchange for a payment. The government subsidizes a number of campus jobs so that the university is willing to allow for some positions to be exclusively filled by students. This way, you can add something to your routine that will directly contribute to lessening the total amount of debt you have to pay at the end of your college career.

On the institutional side, a number of universities offer need-based grants to certain students than can significantly cut debt. Many universities explain how need is calculated. If you just Google for need-based grants at your university, you will likely find a nice page with relevant statistics and contextual info to help you apply like in this example for Vanderbilt University.

Between Federal loans, a work-study program, and university need-based grants, you will probably be able to knock out a majority of your debt or at the very least make it a lot less intimidating to deal with.

Scholarships and Proper Budgeting

These are the action-based aspects of staying out of debt. This section stresses looking for what’s available for you to mitigate the amount of debt you take on right off the bat. This section highlights what actions you can take that will directly contribute to big cuts in the total value of your student loan debt.

Primarily, you’ll want to search for merit-based scholarships. Your school probably offers them based on your major as well as your GPA. Aside from these types of scholarships, you might want to think about the types of talent you have and try to see if there are any competitions that offer a prize in the form of an academic scholarship.

The key to obtaining scholarships from outside your school is to regularly complete a lot of them. Obviously, give your best effort for each one, but your chances of getting any one scholarship will go up simply based on the volume and quantity of your applications. Check out scholarship aggregation sites like UNIGO or ask your college career advisor to get more details.

Proper budgeting covers a lot of topics, but a general thing you’ll want to do is to keep track of your expenditures using a program like Mint or You Need a Budget. These softwares will help you locate where you’re wasting the most money so that you can curb your spending behaviors on a month-to-month basis. Aside from that, you’ll also want to look into self-credit repair and take full advantage of paid internships – if you can land one – during the summer to further offset your living costs and to build up some savings that you can use to pay off your student debt.