Savings Opportunities for Graduates Sending Money Abroad

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If you’re and international student that has recently graduated from university, it’s likely that you haven’t returned home yet. This is common for graduates. Many choose to stay for an extended period of time in the country in which they studied: They become ensconced in a new culture. They meet new friends, acquire culture specific skills, perhaps learn a new language, and possibly find important employment or internship opportunities. For individuals like this, it is important to save as much money as possible when sending money back home for whatever reason: maybe you need to send money home for an extended visit. Maybe you will be supporting friends or family (remittances) back home. Maybe you are preparing to move back at some future time. In any of these situations, it should come as no surprise that you’ll want to save as much money as possible on the transfer of these earnings. You’ve studied hard. You’ve […]

Mid-2014 Check-In


Now that half the year has passed, it’s a good opportunity to check in on your progress towards your personal and financial goals. I try to check my progress quarterly, but I usually find the end of June is really when I have an idea where I’m going to end up. This year? Not so hot. Click here to read my original 2014 Goals & Plans I ended up with a small income tax refund when I was expecting a much, much larger amount — as in, $4,000 more. Since my original intention was to go on vacation with the cash and then bank any leftovers for next year’s tuition, I had to make some serious adjustments to my original plans. Without a fat income tax refund, I axed the vacation. I assumed I wouldn’t get to go anywhere this year, but 2 weeks ago a side project took me […]

Insanity Workout: Putting A Price On Fitness


The Insanity Workout is the best worst thing to happen to me. As many of you know, I’ve been on a fitness kick in 2014 and after working out for a few months,  I decided to tackle the Insanity challenge. Insanity Workout: The Insanity Workout is a 9 week fitness program of high-intensity interval training 6 days per week. The upfront cost is about $120 for the DVD set, but the good news is you do not need any fitness equipment to complete the workout! I figured since gym memberships and fitness classes run as high as $20 a pop, sinking $120 into a 2 month program I could reuse in the future didn’t seem unreasonable. In the spirit of frugality, I split the cost of the Insanity Workout with my boyfriend which not only saved me some cash, but provided a workout buddy to keep me motivated! What do you do?  […]

So Now What? The College Grad’s Guide to The Real World

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Hi guys! I want to invite you to join me on the afternoon of Thursday May 29, 2014 for a live chat about post-college life — including post-college finances! Hosted by The Daily Lounge, I’ll be on the panel with Lauren Berger The Intern Queen and answering YOUR questions about student debt, becoming financially independent from your parents, power starting your career, and more.   Send your questions to @DailyLounge with the hashtag #NewGradsGuide! Follow me at @moneyaftergrad to see your questions answered! Looking forward to chatting =)

Why You Can’t Trust Your Favorite Personal Finance Blogger


It seems counterintuitive to think your seasoned personal finance blogger could be giving you bad advice, but it’s probably true. This isn’t to say all personal finance bloggers are terrible as much as it is to acknowledge they’re human and make mistakes. They misinterpret, misunderstand, miscalculate just like you (personally my list is a mile long), and other times they outright do things they shouldn’t do for a quick cash grab — only their errors are captured in writing and shared hundreds or thousands of times over. What mistakes have I seen personal finance bloggers make? Budgeting with their gross income instead of their net. Setting not merely unattainable, but wholly irrational goals. Making overly optimistic stock market predictions and factoring it into their income and/or net worth 10+ years from now. Failing to understand the difference between “average” and “median” when assessing salary projections of their future career. Advocating […]