Archive for April, 2011

Graduating Seniors, Tips for Finding Jobs


2011
04.25

The good news is job growth is on the upward trend.  When I was laid off in May 2008, I searched online relentlessly for a new job.  All I could find were “unpaid internships” and I wasn’t even entry level.  So I decided to try human-to-human contact by attending a career fair at my graduate school.  I went to the booth of a magazine I thought would be a good fit and the woman kept pushing an unpaid internship on me.  I told her I had 10 years of professional writing experience and over three years experience as an editor.  And all she could offer me was a job for no pay.


That was basically my story for 2008, 2009 and 2010.  I have to admit I gave up after a while and continued to freelance.  Then I started looking for permanent jobs again last month and much to my surprise, I was finding jobs in my field, at the mid-level range.  I was also seeing more entry level jobs for graduating seniors.

Though there are more jobs, the competition is still fierce.  Thus, as a graduating senior, you have to find ways to make yourself stand out.  To help you on your search, I’d like to point out a CNN article entitled “Boost your odds of finding a job.”  Writer Jen Haley provides tips and useful websites for job seekers.

I also tuned in to MSNBC this past weekend and found out about TwitJobSearch.com.  It’s Twitter for us job seekers.  You can refine searches by job title, date Tweeted, city, salary, skills and job type (freelance, full-time, part-time).

Best of luck to all of you (and to me)!

~ the WPC team


Job.com Gear For Your Career

© White Picket College, 2010 – College Funding for the Upper Middle Class

Take a look around WPC


2011
04.18

We’re excited to say we’ve been around for one year (as of April 5)!  Therefore, it’s time to regroup and see what YOU want for the next year.  So please write to us via our Contact Us page and tell us what you need for college financial planning.  We’re happy for any suggestions and we’ll promptly respond to your email.

In addition, please take a look around White Picket College and read our host of informative articles and blog posts.  In the meantime, we’ll be taking a few weeks to update the site and make some major decisions.  Thank you for your support and enjoy WPC!

~ the WPC team


© White Picket College, 2010 – College Funding for the Upper Middle Class

529s Make a Comeback


2011
04.11

It’s all about the 529 plan again.  Before 2008, everyone was into 529s and then suddenly after stocks dropped, parents stopped saving with these plans.  However, 529s are still a great way to save for college.  As you invest money in the plan, it will grow tax-deferred.  Even better, when it’s time to withdraw, if you do so for qualified education costs, you can withdraw tax-free.  There’s no better plan out there for parents, grandparents and other family members who want to help save for a child’s education.


These days, you have to be careful about choosing the right 529 plan.  A great resource to look at is Savingforcollege.com.  For example, they rank the top performing 529 plans of 2010.  This is extremely helpful in knowing how to select the right plan for you and your future student.  And keep in mind, plans vary by state–every state has different plans with different sets of rules.  So make sure you know where your money is going.

If you’re getting your feet wet for the first time, we also have an article entitled 529 College Savings Plans to explain the basic nuances of a 529.  Get to know the ins and outs of your plan.

For upper middle class (UMC) parents especially, investing in the right 529 could be a game changer.  It can set you on a path to organized college financial planning.  We highly recommend picking up Suze Orman’s Action Plan (revised from 2009) and checking out the Paying for College chapter, which goes into detail about how you set up your 529 depending on how many years until your child starts college.

Start saving properly for college today and you’ll worry less tomorrow.

~ the WPC team

 

Grockit SAT video course

© White Picket College, 2010 – College Funding for the Upper Middle Class

Book Review of Suze Orman’s Action Plan


2011
04.04

Suze Orman’s Action Plan was on my reading list for a while and I finally got to it.  While reading, I was happy to see that Orman’s advice was right on par with White Picket College.  She even has an entire chapter called Paying for College.  Reading the chapter pretty much mirrored what we discuss here at WPC, but I was fascinated to find out her opinions on currently taking out a 529 plan and a PLUS Loan.  These two topics will be addressed in future posts.


I was most intrigued by the Retirement section–not only for myself, but for the readers here at WPC.  If you’re like me, 20 or more years away from retirement, you’ll find Orman’s stock advice to be very surprising.  Even my fiance, who is very organized in regard to his retirement fund and has a financial planner, was surprised by her advice.

In the revised from 2009 edition, Orman added a chapter entitled Kids and Money.  Quite frankly, I love this section because it shows parents how to financially educate their kids.  It may sound easy, but Orman addresses tough questions.  For example, what do you do when your brother and sister-in-law give your children extravagant gifts … but you can’t do the same thing in return?  It’s a good question, right?  As I read it to myself, I was thinking, I’m not sure what I’d do if I was a parent in this situation.  Orman answers a lot of tricky questions like this, including ones about kids in college or right out of college.

I highly recommend Suze Orman’s Action Plan.  It’s only $9.99 and very much worth the small price.  Remember to buy the “revised and updated (edition) from Suze Orman’s 2009 Action Plan.”  Happy reading to all of our followers!

~ the WPC team


Grockit SAT video course

© White Picket College, 2010 – College Funding for the Upper Middle Class