As graduation approaches, so does one enormous realization: for the first time in roughly 20 or so years, your life no longer revolves around school, and you’re likely wondering what to do after college graduation. This transitional period leaves many young people feeling mixed emotions.
Fortunately, you don’t need a perfect five- or ten-year plan, but rather a thoughtful first step. Here are some important things to consider as you map out a move, a budget, and your very first post-grad home.
While graduating and starting your “real life” is a thrilling step and an enormous accomplishment, it’s OK to feel a bit freaked out as you figure out what to do after college. For the first time, you’ve got limited structure and routine, you’re likely saying goodbye to many of your best college buddies, and suddenly you’re thinking about your next 10 years, rather than next semester.
Remember: these first post-grad years are often about figuring things out. So, try to enjoy the journey of exploration, trial and error, and figuring out who you are and what you want in the long term. You don’t need to have your life planned out—and don’t believe any of your fellow graduates who tell you they do!
A helpful way to ground yourself during this time is to focus on small, manageable decisions instead of huge life questions. Ask yourself:
Thinking in one-year chapters instead of lifelong plans can make the transition feel far less overwhelming. Nothing is permanent, and you can reinvent yourself as many times as you want.
Are you moving to a new city after college for a job? For more school? Maybe you’re heading back to your hometown, or embarking on new adventures in your college town. Whatever you choose to do, it’s important to think carefully about this next step.
Different neighborhoods within the same city can feel like different worlds, so it’s important to carefully consider your neighborhood options when moving for a job after college.
When evaluating neighborhoods, consider:
Online apartment listings, neighborhood forums, and social media groups can provide valuable insight into what daily life actually looks like in a particular area.
Another helpful strategy is to rank your priorities before apartment hunting. For example:
Creating a clear picture of what you want and need—including non-negotiables and areas of flexibility—makes it much easier to narrow down your housing options.
Consider the type of life you want in your new city. Do you feel best living on a sleepy, suburban street, or do you dream of being in the center of a bustling hot spot? Do you want a fun crew of roommates to socialize with, a relaxed roommate just to split costs with, or would you prefer to live alone? Will you happily pay a pretty penny for a prime location, or are you hoping to live as frugally as possible?
One helpful exercise is to picture a typical weekday evening. Where are you? Are you walking to a nearby café? Cooking dinner at home? Meeting friends downtown? In so many ways, post-grad life is a “choose your own adventure”, and there are so many different ways you can live.
Finally, don’t be afraid to look for short-term leases if you’re truly in your exploration phase. If you’re unfamiliar with a city or unsure what exactly you’re getting yourself into, why lock yourself into a long-term lease? A shorter lease—furnished with CORT Furniture Rental—means you can get a true taste for a place without putting down any roots.
A shorter lease can allow you to:
As more concrete details start to come together, you can start creating a budget. Start with the things you know you’ll be paying for each month, and go from there.
As more details about your job and living situation become clear, it’s time to create your first real budget. Start with the expenses you know you’ll pay every month, including:
Because these costs are predictable, they should be the foundation of your budget. A helpful rule of thumb is to try to keep housing costs around 30% of income when possible, though this can vary by city.
These are expected but variable expenses, such as groceries, recreational activities, dining out, personal care and health supplies, clothing, household supplies, travel, subscriptions, and so on. These are unpredictable but nonetheless important factors in your quality of life. Creating budgets for each category helps you stay financially aware and responsible while still living your life.
While building your first post-grad budget can often feel intimidating and even restrictive, the goal is the opposite: to give you the freedom to live within your means, know exactly where your money is going, and truly pinpoint your financial priorities. As your professional and personal opportunities grow over time, so will your budget and financial literacy.
Moving into your first apartment often comes with hidden costs. To help give yourself the best path forward, consider these often overlooked apartment rental expenses:
Planning for these in advance can prevent financial surprises during your move.
Once you’ve signed your lease and gotten the keys, it’s time to turn your new rental into a home. That said, furnishing a brand-new space can come with a hefty price tag, and that may not be a cost or commitment you’re ready to make.
Enter CORT Furniture Rental, an ideal solution for renters who prioritize flexibility and affordability without compromising on quality. CORT Furniture Rental offers short-term options, easy pickup and delivery, and full-room packages. Avoid the hassle and investment of furniture purchases and opt for a solution that evolves alongside you.
Post-grad life moves fast. CORT Furniture Rental helps you keep up without overspending or overcommitting. Whether you’re starting your first job, relocating, or figuring out what’s next, you can furnish your space quickly and adjust as your plans evolve. Create home on your terms—get started online or in store.