Financial Freedom for New Grads 💰

Plus: Viral Office Cringe & Moving Hacks

Welcome to RoadMap!

RoadMap is your go-to private network for recent college grads embarking on their job search and early career journey.

🎉 Fun Fact: Did you know that on July 15th, 2011, "Harry Potter and the Deathly Hallows – Part 2" was released, marking the epic conclusion of the Harry Potter film series? 🧙‍♂️ Just as this finale captivated millions, RoadMap is here to help you make your own mark in the professional world.

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Smart Financial Planning

Budgeting = Adulting Level 100 🏆

Creating a budget might sound old-school, but it's a game-changer. Recent graduates should track their income and expenses to see where their money goes and find areas to save. A well-planned budget sets the foundation for all future financial decisions.

An emergency fund is essential for financial stability. Young professionals should aim to save at least three to six months’ worth of living expenses. This financial cushion can help handle unexpected costs without added stress, ensuring peace of mind.

Thinking about retirement now can make a significant difference in the long run. Starting early with a 401(k) or an IRA leverages the power of compound interest. The earlier one starts saving for retirement, the more substantial the nest egg will be.

Smart spending habits are crucial for financial health. Graduates can be savvy with their spending by looking for student discounts, using cashback apps, and considering second-hand options for big-ticket items. Every dollar saved is a step closer to financial freedom.

Want to make the most of your finances? Consider these essential tools and strategies:

  • Budget Apps: Mint, YNAB, PocketGuard 📊

  • Emergency Fund: High-yield savings accounts 🛡️

  • Retirement Plans: 401(k), IRA 🏖️

  • Cashback & Discounts: Rakuten, Honey, UNiDAYS 💡

Viral Office Cringe 🤔

When team-building goes wrong…😂

A viral office dance video has thrust Gen Z into the spotlight, sparking a heated debate about "cringe" culture in the workplace.

The clip, posted by TBH Skincare, shows employees chanting in a circle, each taking turns to describe their characteristics, as reported by Forbes.

Inspired by the “boots and a slicked back bun” meme, the video quickly spread beyond TikTok, attracting both praise and harsh criticism. Many online commentators labeled the video as “cringe” and mocked the forced fun activities at work events.

The backlash didn’t stop there. Critics argued that Gen Z is rapidly aging into what they deem “cringy Millennials,” rekindling the age-old generational divide. Despite the negativity, the women in the original video responded with another clip, dancing to the tune of negative comments.

This incident highlights the ever-changing dynamics of internet culture and the harsh scrutiny that often accompanies it. While today’s “cringe” might be tomorrow’s trend, the discussion around generational behaviors and online backlash continues to evolve.

Masters of Moving 🚚

Moving on a Budget: Keep your couch & sanity! 🛋️

Gen Z is dominating moving season this summer with meticulous planning and strategic budgeting.

The digital generation is the most detail-oriented when it comes to planning a move, according to a recent poll by Lemonade and Talker Research, as reported by the NY Post.

A remarkable 60% of Gen Z created a moving budget, outpacing Millennials at 55%, Gen X at 46%, and Baby Boomers at 38%.

But Gen Z didn’t just plan, they also allocated the most funds for their new spaces, averaging $1,703.50 for furniture and home updates. However, four in five still went over budget, overspending by an average of $1,057.20.

Despite the costs, 47% of Gen Z believes in overpaying for a disaster-free move. Top unexpected expenses include renting moving trucks (30%), buying packing materials (22%), and storage fees (18%).

Planning a move? Here’s how to make it smoother:

  • Create a Budget: Start with a solid financial plan. 📈

  • Fun Playlist: Make it enjoyable with your favorite tunes. 🎵

  • Lean on Friends: Don’t be afraid to ask for help. 🤝

  • Treat Yourself: Reward everyone with dinner after the move. 🍕