Graduated Learning: Life after College

I got my degree, I got a job…now what?

A Graduate’s Guide to Being A Grownup June 8, 2013

I was chatting with an old friend yesterday at one of the events at MIT’s Tech Reunions and she asked me how I got into all this personal finance stuff.  Well, as my blog’s sub-heading reads: “I got a degree, I got a job, now what?”  That’s really how it started.  I graduated (with a hefty pile of student loans), and started a job, and realized I had a lot to learn about this “being a grownup” stuff.  How should I attack the student debt?  What do I do with all these retirement plan options? WHAT DO I DO?!?!

So, that’s how it all started.

Well, this same friend told me that when she went through orientation on her first day of work, she also started having all these questions.  With new college hires getting training in the same class as experienced professionals, the topics discussed (401ks, health plans, etc.) were all things that the “grown ups” already knew about.  It felt awkward and confusing to try to learn when the “grown ups” were asking higher level questions about the benefits that the newbies didn’t even know about yet.  She wished there was a separate class just for the recent college grads so they could get into the basics and not feel intimidated.

She also wished there was a guidebook to life after college.

Well, here’s the thing.  There are TONS of books, blogs, websites, articles, etc. to guide you through your transition to being a grownup.  A lot of the personal finance blogs I’ve read over the years touch on these topics.  I consider my blog to be all about this, too.  After all, my blog is called Graduated Learning:  Life after College.  (Is it because I’m learning after graduation?  Or because I’m gradually learning new things?  MIND BLOWN!)  While I’ve touched on quite a few of these topics in the past, I figured I might as well kick off a new series to my blog.

That’s right.  Here it is.

A Graduate’s Guide to Being a Grownup.

I have a few specific topics in mind.  I’ll share what I know/learn, and invite comments on each post so others can share their thoughts, or ask more questions.  On this post, I invite you to comment with your own thoughts and ideas:

What do you wish had been explained to you when you graduated?  What did no one tell you on your first day of work that would have been helpful?  Are you a new graduate who has a million questions?  What resources have you found useful in your transition to the real world? (p.s. I’ve also heard really good things about Jenny Blake’s blog and book, Life After College)

If you’re a recent grad, or even a not-so-recent grad, I want to hear your questions!  We’ll get this figured out!

Commencement 2006

 

Was my Traditional to Roth IRA conversion a mistake? May 17, 2013

Filed under: Personal Finance — Stephanie @ 9:28 pm
Tags: , ,

Remember last year when I went through all the reasons I was going to convert my rollover IRA (from an old 401(k)) into my Roth IRA?  I had plenty of good reasons.  It wasn’t going to be that much money either way.  I wanted to have all my money in one place so I could buy funds with higher initial investments.  And of course…THE FISCAL CLIFF.  No one knew exactly what was going to happen on January 1, 2013.  I definitely didn’t.  But in retrospect, I should have known that congress would just kick the can down the road.

So on December 31, 2012 (seriously, I’m a bit of a procrastinator), I went ahead and converted my IRA to my Roth IRA.

Then, a few months ago, I sat down to fill out my taxes online, and I entered in all my numbers.  Now, don’t get me wrong, I knew I was going to have to pay taxes on the conversion amount.  But I hadn’t predicted how this added “income” due to conversion was going to impact eligibility for certain tax deductions.  Not that I should complain!  But apparently there’s a strict cut off for eligibility of the Student Loan Interest Deduction.  And with my conversion, I’m over the threshold.   There is a range where your increased income decreases the deduction.  But over the threshold, you’re out of luck.

I did check to make sure my conversion wasn’t going to put me into a new tax bracket.  I knew there was no danger in that happening.  But I hadn’t considered the Student Loan threshold (or any other tax deduction/credit cutoffs).

It’s not the biggest issue.  But in looking back, I probably could have planned out a little better how much of my IRA to convert so that I wasn’t over the limit.  In the end, it wasn’t a lot of money that I could have gotten back with the student loan deduction, but it would have been nice.  I’ve never really been the type of person to base financial decisions on tax liabilities…I figured that’s a problem the super wealthy have to deal with!

What tax and money decisions did you make leading up to the end of 2012?  Did you make any mistakes with your money decisions?  Are you already over it?

 

How I hit my latest 5k personal record April 30, 2013

Filed under: Fitness — Stephanie @ 10:13 pm
Tags: , , ,

Guys, I’m pretty excited about this.  At the 5k this weekend, I squeaked in under the 32-minute mark (31:59, thank you very much), with a pace of 10:17 minutes/mile.  Which is a Personal Record for me.  And I couldn’t be happier, especially after seeing how much I’ve improved over the years.

My first 5k in June 2010 was not fast.  I clocked in at 42:12, which is equivalent to 13:35 minutes/mile.  I didn’t really know what I was doing.  I wanted to be cool like all my friends who were running races.  So this 5k was a combination of me jogging and walking.

I kept entering 5k (my boyfriend and I would sign up for them together, and often along with our “runner” friends).  I looked to one of my friends in the Somerville Road Runners for guidance on which 5ks to sign up for.

I showed a little bit of improvement during 2011.  The two races I entered, a 4.2 miler (insane) in September and a 5k in December, had me speeding up a tiny bit, to 12:50 minute/mile and 12:30 minute/mile, respectively.  I think I had started going to the gym a bit more.

I entered 4 races in 2012.  My pace was getting faster with more trips to the gym.  For races in March and June, I went 11:36 minutes/mile, August and December I had 11:10.  I started doing Couch to 5k in earnest in mid-November.

Leading up this past weekend, I found a lot of ways to improve.  I needed to get my body into better shape, especially since I found myself throwing up at the end of the races.  I was pushing my body too hard, and not really doing things right.

What did I do?

  • I kept going to the gym, but I tried new workouts.  I took a cross training class and tried to incorporate what I learned there into my own workouts.  I needed to build stamina and muscle strength, not just running skills.
  • I heeded the advice of a friend.  She told me to try not to stop early by slowing to a walk.  I needed to continue to jog, even if it’s a really slow jog.
  • More friends also told me to run farther than my goal distance.  If I get good at going these farther distances, I’ll be faster when it’s time for my goal distance.
  • I sought out a training schedule meant for a 5k.  There are many resources out there, but I think I heard about the Nike Running Race Coach during a #runchat on twitter.  It was very helpful having instructions for my workouts (or rest days) each day.  I didn’t follow the training schedule exactly, but I ran more and incorporated more cross training into my routine.
  • I trained outside.  Running on a treadmill vs. running on the sidewalks is VERY different.  While it’s easier to keep a consistent pace on the treadmill, it’s also easier to let the treadmill do some of the work for you.  Plus, I needed to get more experience dealing with actual inclines of hills in the road versus the programmed incline of a treadmill.
  • I ran with a friend.  Running with my boyfriend was difficult.  He’s faster than me.  He has longer legs.  He’s a dreamboat.  Part of me wanted to keep up with his pace.  This was not actually feasible. Instead, he slowed his pace.  But, the good part of running with him (or any other friend) is that there’s extra motivation.  I wanted to slow down or quit at times, but he encouraged me to keep going.  Plus running with someone is more fun!
  • I learned what MY pace was.  While it was easy on treadmills to know what speed I was going, I was very bad at gauging what speed I should be going at when running outside.  The pair of outdoor runs I did with my boyfriend one weekend really helped me to get a better sense of what speed my body could handle.

Race day, my three goals were:  get a new PR, never drop down to a walk, and don’t throw up!  I’m pretty sure finding my ideal pace was key in me achieving all three of these goals.  Going at a consistent pace that my body could handle meant I wasn’t overworking myself to the point of nausea.  It also meant I wouldn’t tire myself out into wanting to walk.  And keeping my pace up (above a walk) meant I could finish the 5k faster than ever.

I’m not a personal trainer, or any sort of running expert.  I’m just sharing what I’ve learned.

I acknowledge that my 5k time is not the best.  But it’s MY best!  Yes, one of my friends who ran the same race finished 12 whole minutes before I did.  She came in second place!  I’m super impressed!  But I look at this as inspiration for future races!

Up ahead, I’ve got the Walk for Hunger (20-mile walk) and the Tory Row 5k.  So I’m going to get moving!  I intend to keep training using what I’ve learned.  I’m heading back to the Nike Running Race Coach, but I’m planning on using the “Set a New PR” goal instead of the “Finish a Race” goal I used last time.

How do you train for races?  What have you done to improve your runs?  What advice have you heeded or ignored?  What’s your latest fitness accomplishment?

 

Walk for Hunger: 20 miles of Boston April 28, 2013

Filed under: Boston,Fitness,Food — Stephanie @ 11:04 pm
Tags: ,

Let me start out by saying, I wasn’t quite sure how to write a new blog post.  Do I ignore the terrible events that happened in Boston?  Or go into a long post about it?  The whole Boston Marathon tragedy is nothing to ignore.  It is sad, upsetting, and confusing.  And the plant explosion in Texas was also terrible.  I realized the best way to process these sad events is to acknowledge them, remind you that there are plenty of ways to help, through donations: (The One Fund Boston, Officer 179 fund, and others for Boston, and Various West, Texas charities), and continue with blogging.

And so, I embrace the mantra, Boston Strong.  Because I will be walking with thousands of others in Boston for a great cause.

As Ellen Parker (Project Bread’s executive director) said in a special letter sent out a few days ago, “This year, Project Bread faces a unique and unprecedented challenge. On Sunday, May 5, 2013, The Walk for Hunger will be the first large outdoor public gathering in the city since the tragic events at the Boston Marathon.”

So we will all be careful, and watching, but we will not allow the tragedy to stop us from participating in this event .  We will not be terrorized.

Sign:  The Walk for Hunger is the oldest continual pledge walk in the country
A week from today, I will be joining thousands of others in a 20-mile walk starting and ending in Boston, winding around many of the nearby towns.  Last year was my first year doing The Walk, and I found it to be a rewarding and inspiring experience.  I walked all 20 miles, and raised $1,215.50!  Super excited that this year, I’ve already raised (at last count) $1,526!  And I still have a week left!  Very grateful to all my supporters so far, especially Joe Taxpayer for his generous $250 match!  My newest fundraising goal is now set at $1800.

Sign:  MA has one of the greatest income gaps in the nation

I’ll admit, I’m posting this blog post in part to ask for donations.  Any amount helps, even $5 or $10, but Project Bread sent out some facts about how donations can help:

$25 provides a hot meal for 40 individuals at a supper program.
$50 helps a family on SNAP purchase twice that amount in fresh produce at a farmers’ market.
$75 subsidizes CSA (Community Supported Agriculture) shares for one week for ten families.
$100 provides food vouchers to five senior households.
$500 helps support a healthy summer food program for low-income children.
$1,000 helps create innovative farm-to-table programs that give low-income families a hand up and that also strengthen the community.

Sign:  Hunger is a SOLVABLE problem

It’s not too late to help!  You can still sign up to walk or volunteer.  You can donate to me or anyone else.  You can find out if your donation will be matched by your employer.

Thank you again to everyone who has donated so far!  And thank you in advance to anyone who joins in to walk, volunteer, or donate!  Are you participating?

 

Free stuff: sometimes terrible, sometimes awesome! March 24, 2013

Filed under: Food,Personal Finance — Stephanie @ 2:24 pm
Tags: , , ,

I know what you’re thinking:  How can free stuff ever be terrible?

There are a few cases of terrible free stuff.  Like the leftovers from meetings held near our offices.  Sometimes they’re great, like yogurt or a fruit cup.  And sometimes they’re delicious, but dreadfully bad for me, like the brownies and cookies I’ve gotten at plenty of meetings.  Blogger friend Budget or Fudget had a similar issue of being surrounded by free but unhealthy food from meetings or coworkers.  She had to remind herself that healthy is better than free.  And once we apparently got to the leftover sandwiches a bit too late, and ended up with food poisoning.  Even the most delicious things can be trouble!

And last week, someone had a lunch meeting, and a few of us hovered around the conference room waiting for leftover Bertucci’s.  And I was among them. And then I ate an entire meal and then some of food.  After I already ate lunch.  FAIL.  And then the next day was Pi Day so our admin brought in two pies for us.  And I ended up trying both of them.  Double FAIL.

Then there’s the other freebies.  I’m still a sucker for free stuff, so I’ll often register for the free samples that are aggregated on sites like AllYou, or mentioned on other blogs.  This usually results in me wasting time chasing stuff I don’t need, and then having no good place to put the stuff.  I’ve also joined in on BzzAgent and Influenster, sites that give you free or discounted stuff and encourage you to share your experiences with others.  Sometimes the free stuff is great, but then you feel weird about mentioning the products in casual conversation.  (If you’re interested in either of those sites, I can invite you!  Or you can probably just sign up on your own.  Keeping in mind what I just mentioned…)

I also try to enter giveaways hosted on other blogs.  I’m super glad to have won a few in the past.  But I’ve started to get a lot more selective with entering giveaways.  I don’t need to waste time going to sites to try to win things I don’t even need!  I’ve narrowed it down to only entering contests for blogs I read (or find out about on twitter), and then only for products that actually apply to me.

I definitely don’t mind doing reviews for websites once I’ve had a chance to try them out for a while.  This has been the case with many financial websites I’ve reviewed in the past.  And I wouldn’t mind reviewing fitness gear (shoes, clothes, electronics, etc.) or other experiences (I’ve done two fitness experiences reviews so far).  But I only want to share stuff that I think friends/readers would actually be interested in.  Either way, I’ll always be upfront about what I got for free, or how I came across the item or opportunity.  But you know that already!

Regardless, I need to become more selective on what “free” stuff I get.  I don’t need the extra calories from the unhealthy snacks, or the stress of finding a good way to naturally discuss a product that isn’t related to my interests, or the clutter from all the extra “stuff” I don’t need.

How are you when it comes to “free” stuff?  Is your cabinet cluttered with stuff you don’t need?  Do you find yourself browsing the “seagull table” (as we call it at work…all us seagulls hovering around for scraps)?  Have you gotten a bit of a reputation (like I have) of being the first at the table for free food?  Do you spend hours entering giveaways?  Or are you able to resist?  How do you convince yourself to stay away from those tasty treats coworkers offer up?  How do you weigh the cost (in time, calories, space) versus the benefit of getting something for free?

 

Getting the Pure Barre experience March 10, 2013

Filed under: Boston,Fitness — Stephanie @ 10:46 pm
Tags: , , , ,

Disclaimer:  I was invited to this class for free through Blog and Tweet Boston, a group that organizes events for local Bostonian bloggers/tweeters.  The expectation was that after we all met up for this class, we would write about our experience.  So, this is what I’m doing…right now!  All the opinions are my own.

Last Saturday (a little over a week ago) I met up with a bunch of Boston-area fitness bloggers at Pure Barre Boston.  It’s on Newbury Street right near Mass Ave.  Pretty close to where the J.P. Licks used to be.

To be honest, I wasn’t quite sure what to expect.  I assumed everyone would be a pro at this sort of thing, since they’re all legit fitness bloggers.  You know, compared to me, the personal finance blogger who also blogs about fitness, Boston, and STEM.  But I still was excited to try it out!

A fun part of the meetup was putting faces to twitter handles.  Maureen and I discovered we were already following each other online!  And there were quite a few other great people there that I already followed (on twitter).

For the class, they had an instructor, Fiona, plus a few other experienced individuals  (including the owner) around as extra models to follow (and to guide us if we’re not doing the workouts quite right).

The facility definitely had a zen feel to it,  with sparse color and lots of windows to let in natural light.  It was very crisp and clean.  The studio itself had two walls of floor-to-ceiling mirrors and one wall with windows.  There was a ballet barre on every wall.  There was a cool chandelier and maybe some skylights if I recall correctly.  The floor was carpeted for a cushioned workout.  Like I said, very zen.  I think I could live there :P

Okay, now for the workout itself.  There was fast-paced music with a good beat throughout the entire class that we were to keep in time with.  The style of the barre method was to focus on specific body parts, doing exercises to strengthen certain muscles one at a time.  Pretty much every exercise involved multiple repetitions of very small changes, moving the body or appendage just an inch or so in and out of position.  Or as it’s described on the Pure Barre website, “small, isometric movements”.  Which sounds way better than what I said.

As they mention on that Technique page as well, there are multiple components to the class:  Warmup (which was mostly arm work), Thigh Work (I felt like my legs were burning up during this part), Seat work (tone that butt!), and Abs Work.  And of course some stretching after each component.  The Thigh and Seat exercises were the most intense; they were fast paced and really forced me to keep using muscles that I wanted to stop using.  The nice part of the Abs exercises is that they easily transition into a cooldown of sorts, lying on the ground and then doing some final stretches.

For the entire class, there is a focus on posture and proper form, and also “tucking” your hips in.  Which to me felt kind of like I was doing hip thrusts.  The goal is to roll your hips forward and up.  We did a lot of repetitive tucking during the class.

There were a few aspects of yoga (with certain stretches and positions), but not as much ballet as I had expected.   I think we stood at 1st, 4th, or 5th position for some of the exercises, and we stood at a barre for some of them, and we had to keep good posture.  But no leaping or dancing really.  Don’t worry, then, if you don’t know ballet (or yoga, or any other activities, for that matter).  It’s a little confusing for beginners, but easy to pick up what’s going on.  Especially when the instructor helps you.   It was a tough class.  But it was really neat to try out and I definitely got a workout.  Plus it was super cool to meet fellow Boston bloggers and try something new.

Would I recommend it?  Would I go again?

Well, you know me.  I’m always concerned about money.  So, pricing:  A single class at the Boston location is $23.  Or you can buy multiple classes up front at a discount (you know, like any bulk purchase), which brings the cost down by a few dollars per class.  They also offer monthly memberships for unlimited classes (though you need to sign up for each class individually, and I don’t know how fast the classes fill up).  The most appealing (to me) of course is their New Client Special, which is $100 for unlimited classes for one month.  Though, knowing me, I’d try to go as often as possible to get my money’s worth!  Which could be a little crazy.

The other issue (for me at least) would be on how to get there.  It’s steps away from the Hynes Convention Center T stop, which is super convenient for Boston commuters.  But not so convenient for me living way out in Medford.  So getting there, either by taking a long walk/bus/T ride would not be ideal.  Or trying to find (and pay for) parking in Boston.  Still, if you can get there easily, it would work.  There are other locations outside of Boston, but I don’t know if that would be any easier.

As for the program itself, I have a feeling I would probably see really good results if I started going on a regular basis.  It was hard work while I was there, but I was surprised not to be aching from it at all the next day.  Does that mean I was doing something wrong, or something right?

If I found an easier way to get to the class, I’d probably buy the $100 intro package.  And then take a bunch of classes.  Like a crazy person.

Have any of you tried out Pure Barre?  Or any other barre-related classes?  Do you like the technique?  Do you have any more questions for me about my experience?

(Oh, as a note, you can check out some other people’s reviews.  They all had cameras/smart phones, so they took pictures, if you’re hoping to get a better idea of the place.  Style Method (her last picture has me with my back to the camera in my blue shirt), Fabulous Life of a Natural Disaster, Boston Rookie (I’m in a few of her pictures, too :P , and you can see that chandelier I mentioned), A Girl’s Gotta Balance, Healthy Chicks, Kissing Frogs, Urban Guide to Life.  Did I miss any?)

 

Cross Training for Dummies: A review of “UFX Ripped” March 3, 2013

Filed under: Fitness — Stephanie @ 9:32 pm
Tags: , , , , , ,

I’m a sucker for free stuff.  So when my gym was raffling off some training classes toward the end of December, I put my name in the mix.

Naturally, I forgot about this raffle.  So when January rolled around, and I got a call from the gym, I wasn’t sure what was going on.  They called everyone who entered the raffle to say that they would have a free trial class for everyone interested in winning.  We were invited to take the class, then at the end, they’d draw a name from the hat.  You had to be present to win.

To be honest, I had no idea what to expect.  I wasn’t even sure what I had entered to win.  But I went to the class to see what it was all about.

OHMYGOODNESS it was intense.  We did a high-intensity warm up to get our heart rates going.  Then we had a circuit of activities including multiple weight lifting motions, push ups, jumping, etc.  Everyone was supposed to count how many reps they could do in the time limit.  And then we did the circuit AGAIN to see if we could do even more reps the second time around.  By the end of the class, I was mildly worried that my heart would give out.  Yikes!

Then they went around asking everyone to say one word describing how they felt.  My word?  ”Shaky”.  Then when they pulled names out of the hat, the first name was for someone who wasn’t there.  But then the next name?  Mine.  WHAT.

I had just won a month of the UFX Ripped class for free.  The usual cost for the month-long class is $200.  The class included 8 sessions of small-group high-intensity cross training led by a personal trainer. (Some consider these classes the sports club’s version of CrossFit). Also included in the class was access to an online “Nutrition Coach” (website with customized meal plans and other food guidance based on your body type, fitness goals, etc.).

So, I took the class.  Why not?  I wanted to expand my workouts beyond runs on the treadmill and yoga classes.

Guys, these classes were tough.  They had high intensity workouts that made me sometimes want to give up.  But the trainer pushed us (us= me and just one other person!) and we made it through!

There were four weeks total.  There were themes for each week, but I don’t remember what it was for all of them.

I wrote up what I did at each class on my training log at DailyMile.  I didn’t always recall exactly what we did (or what they were called) but you can get an idea of each class.  Check them out in the links that follow:

Week 1:  Day 1  Day 2
Week 2:  ”Maximum Effort” Day 1  Day 2
Week 3:  Nothing for me.  I skipped both classes that week because of my never-ending cold (my decision to take things easy reported in a blog post)
Week 4:  ”Teamwork”  Day 1 (Second class was cancelled because the trainer was really sick.  Did I give her my horrible cold?  Let’s assume no.)

Had I actually paid for the class, I probably would have tried to go to the Week 3 sessions.  Which would probably have been a horrible idea for everyone involved.  I probably would have also wanted a makeup session for the second day of week 2.

Review:

This was a really good experience.  It was difficult, but I felt like I was getting a full body workout compared to what I usually do.  I worked harder than I would have had I been on my own.  It was really good to have a trainer there to guide me and help me learn new exercises and make sure I was doing everything right.  And she was there to push me when I wanted to give up.

I didn’t really use their “nutrition coach” because I’ve already sort of figured out what to eat over the past year (more fruits and veggies, lean protein, lots of water, etc.) with the help of LoseIt and lots of trial and error.

Because I’m not keen on spending more money than I have to, I probably wouldn’t have signed up if I hadn’t gotten the classes for free.  Especially since the gym offers a similar class free for members called UFX Burn, which is like Ripped but there’s more people in the class (less special attention) and you don’t get the nutrition coach.  I haven’t gone to any of those yet, but I think I’ll try to fit them into my schedule, since I did like this program.

Now that I’m done with it, I find myself incorporating some of the activities I learned in the class into my own workouts (especially certain weights/kettle bell exercises and lunges).  I do think the program got me on a good path, and helped me realize what sorts of activities I’m good at and what I need to improve on.

Have you ever signed up for a small group class?  Did you find the benefits outweighed the cost?  Or do you find your training inspiration from other sources (larger classes, online sources, friends).  What sort of classes or training have you tried?

 

 
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