Building wealth 101

STARTING YOUNG: SMART MONEY MOVES FOR RECENT GRADUATES

- Craig Torr

Graduating is an exciting milestone, but it often comes with the challenges of job hunting, handling rejection, and navigating the responsibilities of adulthood. The transition can be overwhelming, but smart financial decisions now can set the foundation for future success.

Here's some practical money advice tailored for new graduates:

Prepare your online profile: When last did you Google yourself? Your online presence holds significant influence, so ensure it leaves a strong impression. Review the privacy settings on your Facebook and Instagram accounts, and scan your X feed for professionalism. Create a LinkedIn profile and begin building meaningful connections.

Set up your online CV: Platforms like jobportal.co.za and leafly.com enable you to create an accessible online CV, making it easier for employers to discover your talent. Invest time in crafting a compelling CV that highlights your skills and strengths.

Don't wait for a job: Job-hunting can be challenging, and rejection can take an emotional toll. Success requires resilience, resourcefulness, and determination. While pursuing job opportunities, consider exploring a side hustle to generate additional income.

Practise being interviewed: To ease interview nerves, practise beforehand. Ask a parent, mentor, lecturer, or trusted family friend to conduct a mock interview with you. This will help you anticipate common questions, refine your responses, and build confidence in delivering concise answers. Preparation is key to making a great impression.