The months following college graduation are quite ambiguous for most students. Many of you have become accustomed to living on your own over the past years, and the thought of transitioning back into your old household may not appear the most enticing choice. However, the financial benefits of living at home, as well as a few more that we will list below, may convince you to consider this option. Especially for those of you on the job hunt – it’s important to evaluate these advantages!
- Rent-Free Living: In most cases, living at home means that you will be able to avoid the costs of rent that come with cities. If you are looking to save up for your first apartment’s rent, staying at home for a few months will help you set aside a substantial amount of money that you can use to create a stable, prepared future.
- Extra Tip: Don’t just talk about saving, do it! Set a strict monthly amount to hold yourself accountable; that way, you will force yourself to “walk the walk” and take action.
- Other Ways to Save:
- Use your money saved from rent to invest in stocks, bonds, or other investments!
- Start paying off student loans.
- Ensure that you have a positive, strong credit score.
- Begin thinking about your future budget; plan out an estimate of monthly expenses so as to prepare for your future move out.
Other Home Benefits . . .
- Utilizing Home Network: Placing yourself back into a setting surrounded by loving family members, old friends, or neighbors will allow you to use your network while searching for a new position. You never know which old relationship may provide you with your next opportunity! Remember, it is always important to be constantly working to make connections and expand your network in the business world. Living at home is a great head start!
- Time to Plan: It is likely that your last semester in college was filled with job applications, last-minute exams or projects, and most certainly, lots of celebrations! We understand that you may feel as though you haven’t had a moment to yourself to start seriously considering your professional opportunities and hopes for your career. Settling back in at home will provide you significant time to reflect on your desires and start planning to make them a reality.
- Try Out Something New: Maybe being at home will allow you to finally try out that new hobby you’ve been thinking about for years! Make sure you are keeping yourself busy so as to stay motivated. Other ideas include art classes, cooking classes, new workouts, or even some outdoor activities like kayaking, canoeing, or paddleboarding.
- Family! Let’s not forget, that you’ve likely been away from your family for years! It’s crazy how much a few months will allow you to spend quality time with those you love while doing things you love with your newfound free time. While we encourage you to continue your job search throughout this time, we hope you recognize the importance of taking advantage of these priceless moments…. especially… home-cooked meals!
Searching for a new position? Check out our open jobs list!