vestwell vestwell vestwell
  • About
  • Contact
  • Testimonials
  • More
    • Demographics & Advertising Rates
    • Terms & Conditions
Saturday, May 21, 2022
No Result
View All Result
CALIFORNIA BUSINESS JOURNAL
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness
CALIFORNIA BUSINESS JOURNAL
money graduation cap

How to Get Yourself into the Best Possible Financial Position After Graduation

You can qualify for a full deduction if your modified adjusted gross income (MAGI) comes to $70,000 or less, and a partial deduction if it is between $70,000 and $85,000.

by California Business Journal Editorial Staff
A A
Share on FacebookShare on Twitter

There is often something of a financial struggle involved in being a graduate. You’re not taking out additional student loan payments anymore and your best chance of getting a job involves relocating to a thriving urban center, usually a very expensive place to live. Additionally, your lack of professional experience will likely mean that you’ll have to work a couple of low-paying jobs before you start to be considered for positions featuring a better salary. However, there are a few things you can do to keep yourself afloat. Read on for some handy financial tips.

Save, Save, Save

If have any funds leftover from your part-time college job or any grants you may have been awarded, keep hold of as much of it as you can. Consider opening a savings account or investing it somewhere sensible as long as you have enough to live on in the meantime. It’s a great idea to draw up a budget. First, record every last penny of your income and expenditure, right down to the occasional bag of potato chips. Do this for a month, then review it to see what you could live without. Your gym membership could be replaced by a run every other day. You could give up your entertainment subscriptions until you’re a little more financially stable. Your occasional corner store bag of potato chips could be exchanged for a weekly multi-pack purchase to help you save by buying in bulk.

Revise Your Current Financial Responsibilities

Are you paying back a student loan? You may be able to deduct some of its interest from your taxable income to give a break on your tax return. You need to have attended a relevant course at an eligible institution on at least a half-time basis – and the loan in question must have been disbursed within 90 days before the academic period starts or 90 days after it ends. You can qualify for a full deduction if your modified adjusted gross income (MAGI) comes to $70,000 or less, and a partial deduction if it is between $70,000 and $85,000.

ADVERTISEMENT

gradInvest

You might consider putting a little of your money into stocks, shares or assets in order to grow it. There is something of a risk in this action, as it’s hard to predict what will happen, and the value of your investment may go down over a particular period, but if you can afford to ride the wave of the stock exchange or the development of cryptocurrency value, your funds could grow in the long term.

Find the Best Deals

Compare all the prices you can. From energy and internet providers to groceries and transport options, there are so many areas in which you can make small savings, and those pennies add up. Browse clearance aisles, use price comparison websites and take advantage of flash sales and coupons. Check out online sellers of second-hand items too. You could grab a high-quality bargain. Make sure you’re always investing in quality, however, as buying a sub-par item could mean you’ll be shopping for a replacement in a couple of months.

Related Posts

Ethereum
Cryptocurrency Corner: So What Exactly Is Ethereum?
Manage student loan2
Manage Your Student Loan Before It’s Too Late
Retail Sales Associate
The Most In-Demand Jobs in California
Tags: bestcollegecryptocurrencydevelopmentenergyfinancialFundsgrantsinvestinginvestmentjobsloanonlinepricesRidesavingsStudent Loantaxvalue
ADVERTISEMENT
California Business Journal Editorial Staff

California Business Journal Editorial Staff

Related Posts

Ethereum
Cryptocurrency Corner: So What Exactly Is Ethereum?
Retail Sales Associate
The Most In-Demand Jobs in California
Manage student loan2
Manage Your Student Loan Before It’s Too Late
advertisement
Facebook Twitter LinkedIn Instagram LinkedIn

Advertise With CBJ

1REALTOUR-SAN DIEGO-WEB DESIGN
Facebook Twitter LinkedIn LinkedIn Instagram
C B J   LOGO  SVG-01
  • About
  • Contact California Business Journal
  • Testimonials
  • Demographics & Advertising Rates
  • Terms & Conditions

Categories

  • Art & Culture
  • Business
  • Editor's Choice
  • Education
  • Featured
  • Finance
  • Food & Dining
  • Health & Fitness
  • Human Interest
  • Insurance
  • Law
  • Marketing
  • Medical
  • News
  • Newsletter
  • People
  • Popular
  • Real Estate
  • Social Media
  • Technology
  • Uncategorized

CBJ Partner Firebrand Media

Laguna Beach Independent Newspaper
 Laguna Beach City Guide
 Newport Beach Independent Newspaper
Newport Beach Country Club Magazine
  Montage Magazine
 Omni Escapes Hotel Magazine
 Bespoke Concierge New York
 Evans Hotels
 Laguna Beach Magazine
 On The Menu Laguna Beach
 Newport Beach Magazine
Coastal Real Estate Guide (NB,LB, CDM)
Monarch Beach Resort Magazine
 Pacific Coast Magazine (SoCal)
Sea Island Life Magazine
Salamander Hotel & Resorts Magazine
 View our entire portfolio

 

Most Viewed

  • Gavel, scales of justice and law books

    Lawsuit Basics: How Much Does It Cost to Sue Someone?

    0 shares
    Share 0 Tweet 0
  • NFL Paychecks: How Do NFL Players Get Paid?

    0 shares
    Share 0 Tweet 0
  • What to Do When an Online Casino Refuses to Pay Out Your Winnings

    0 shares
    Share 0 Tweet 0
  • The Impact of Covid: Racing to Buy Second Citizenships

    0 shares
    Share 0 Tweet 0
  • New Study: California’s 10 Universities That Produce the Most CEOs

    0 shares
    Share 0 Tweet 0
  • Five Reasons Why The Government Does Not Like Bitcoin

    0 shares
    Share 0 Tweet 0
  • The Only Way

    0 shares
    Share 0 Tweet 0
  • Is Virtual Financial the Future of Financial Services?

    0 shares
    Share 0 Tweet 0
  • How to Start a Telecommunication Business: A Step-By-Step Guide

    0 shares
    Share 0 Tweet 0
  • Best Crypto Faucets You Can Try In 2021 and 2022

    0 shares
    Share 0 Tweet 0

Latest Articles

Chicago

What You Should Not Miss When Visiting Chicago

Personal injury

What can I expect my personal injury protection to cover

las vegas

3 Tips to Win More Money When Visiting Las Vegas

How Can You Put Green Papua Kratom To The Best Possible Use -- Pexels.com

How Can You Put Green Papua Kratom To The Best Possible Use

arbitrage betting

How to Find the Best Arbitrage Betting Opportunities

Santa Monica, California

The Middle Class: 5 Best Places to Live in Los Angeles for Families

high heels banned in carmel, california2

Some of the Most Unusual Laws You’ll Ever Experience in the UK and California

Contractor

How To Find a Trustworthy Contractor

Online Bingo Tips

Online Bingo Tips For Beginners: How To Play And How To Get Free Spins

John Cooke, Partner, Bergston LLP

The Legal Side of Things: Business Profile on John D. Cooke, Bergeson, LLP

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR

No Result
View All Result
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR