The baby boom generation has served well the world of accounting for three or four decades. If you, dear reader, belong to it, do you remember what it was like starting out? Even if you do (which is doubtful), be assured that it isn’t like that any more.
As I recall, major life decisions in college revolved around getting a date and deciding which adult beverage to serve with it (still find it difficult to believe that what was eaten, drunk and inhaled didn’t kill us). For life after college, decisions still revolved around getting a date and deciding which adult beverages to serve. Any decisions pertaining to building a future were, for me at least, pretty much left to TEDAIT (take each day as it comes).
Accounting majors back then had it easy. Take classes (but not too seriously), take a job with an accounting firm, plan on switching to corporate after a few years. We didn’t graduate with much, if any, school debt. My tuition as a freshman was less than $100 per semester. Everything else was TEDAIT.
If you, dear reader, are a college student or new professional, you know it isn’t like that any more. Life is complicated.
Today’s accounting majors have it rough in college. Many find financial pressures to be distracting and depressing. Tuition is expensive (so are the costs of living), forcing students to work and borrow incredible amounts of money. Classes are demanding, requiring more time and alertness than I ever had to apply. And today’s crushing flood of information from technology means that students are made aware of much more. Back in my day, friends numbered in the dozens. Today, college students number their Facebook friends by the hundreds and thousands. A laptop, smart phone and wifi connection are as essential as shampoo and toilet paper.
Life after college requires planning, now. Bob Jensen at AECM passed along a link to a clever roadmap for life after college. The basis for the map is Jenny Blake’s book, Life After College. The map has been prepare with the assistance of companies Mint and Quicken. Yes, the map is designed to sell a service (and a book). But it’s still a good reminder of everything which a young person must be aware. I’ve not read the book, but the roadmap is cute.
The first part of the roadmap deals with necessities:
The second part deals with major life issues.
Again, the entire map can be viewed at Roadmap for Life After College
The images are copyrighted, I assume, by Mint. Used by permission.
Debit and credit – - David Albrecht