I was all like, "I have a degree, so now I'm ready for whatever". . .or so I thought.
I graduated high school in 2012 and graduated college in 2016. 8 years of knowledge that would supposedly lead me to success in the real world yet when it was time for me to actually enter, I was LOST. Let me explain.
I took a year off after undergrad before deciding to attend law school. This particular post will enlighten you on everything I learned throughout the process up to me actually starting law school.
A degree does not guarantee a job. (Many of you knew this).
It’s not always about what you know, but WHO YOU KNOW.
Student Loans have to be paid back 6 months after graduation. START PAYMENTS IF YOU CAN!
You wanna know what's more important than throwin' away money at a strip club? Credit
You ever wonder why Jewish people own all the property in America?
This how they did it
Financial freedom my only hope
- Jay Z, The Story of O.J.
Get a credit card and DISCIPLINE YOURSELF.
BUILD YOUR CREDIT SCORE.
There are factors that increase or lower your credit score. The number one factor that will increase your credit score is MAKING PAYMENTS AND ON TIME! Pay your student loans back ON TIME. Pay your credit card balance ON TIME. PAY EVERYTHING ON TIME!
Credit Card utilization is another factor. Typically, you should only use about 30% of your credit card limit to keep a good score. If you use 95% of the limit on your credit card, it will have an effect on your score. For instance, I once reached a $950 balance on my $1000 credit card limit and it definitely affected my credit score.
CREDIT CARD USE IS IMPORTANT
I told him, "Please don't die over the neighborhood
That your momma rentin'
Take your drug money and buy the neighborhood
That's how you rinse it"
I bought every V12 engine
Wish I could take it back to the beginnin'
I coulda bought a place in Dumbo before it was Dumbo
For like two million
That same building today is worth twenty-five million
Guess how I'm feelin'? Dumbo
- JAY Z, The Story of O.J.
Live at home until YOU are ready to move out.
If you have somewhere to live already, you should get a car first. LOL
Look for more than one source of income. Build your wealth!
I go to dinner and steak
Only the real can relate
I used to live in the P's
Now it's a crib with a gate
- Cardi B, Bodak Yellow
DON'T LIVE ABOVE YOUR MEANS UNTIL YOU CAN LIVE WITHIN YOUR MEANS.
Don't compare your journey to someone else, but be smart and know that there are certain steps you have to take to be successful.
There will be a Part 2 that will address the specifics of me moving in to a new apartment and what all that has required. For now, hopefully this is useful for you! Feel free to leave comments and share with friends. I know many of you will have even more insight than me!
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